Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Start with one contract and feel it out, no better way to learn than by doing in live with 1 contract (probably not ES try something requiring less margin).
I'd not advise people to stick to sim for too long. I probably use a new application in sim for about a week when first start using it to get used to the quirks and then just go live. Sim is not always an accurate reflection of live in terms of the simulation process and neither in psychology when trading it. That's a more general comment for anyone reading this currently on sim facing similar decisions.
As others have said great feedback on these topics in this forum, do some searching and you'll find some treasure.
hope that helps,
Sands.
Can you help answer these questions from other members on NexusFi?
Your not under capatilised unless you want to start taking a wage out of it any time soon, then sadly YES
How big a SL will the other method need, IF the method is sound and the win rate is high enough, I'd not think twice on going to a 3 or ever 4% risk level for it.
Market conditions are very slow, then huge moves due to low volume just happen, this will get worse as the summer continues until September, but then Xmas slows it down again.