Hi, DenTe
Nice trade!
You interested me. But... Im not sure... Can you give me any ways for supervise you. I want to watch your orders(history).
Thanks
I make on trading different profit. From loss of 30%of my bal., up to +200% per 1 week. But i know one thing that help me to make money. This is simple rule: risk is not more than 5%. This rule can be used with any size of initial deposit.
I think the trader must be profitable (loses must be less than profits) along all trading period. 5-15% in month its good result with little risk for new trader and for experienced trader.
+1
But if the trader keep to strategy and mm, It must be good trade with any account balance. Because good trader can earn $1000 having $100. And trader-loser cant earn $1000 having even $999.
My trade strategy based on the trend theory with determination of The significance and potential levels. And use diff. tf for determinate the main dirrection and his stage.
Trading with different brokers is a good idea. But a higher chance to get to the fraudsters . Although , to make mistakes and lose everything at once , it's even worse
Sorry. But. Why do you ask about prefer time frame. It is wrong to analyse market using one time frame.
I use H4 and D1 for determinate the main direction (stage of trend), determine support\resistance levels. And i use H1 and M30 for to spot the point of enter in the market, put sl and tp.
Good conclusion. Good book about risk management.
Understanding and Managing Risk Attitude
by David Hillson
Sometimes its too hard to stick the discipline but we must for to earning.
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