I spent about 8 months starting small <$2000 .. and traded that for 3 months ... ( i already know how to use MT4 so no demo for me.. i wanted to trial this system.. and i need to have the real nervous, joy filled, fear driven, lusty greed experience for real with rel money) ...
after 3 months .. i moved it up to $18,000 .. and did that same system for 4 months .. to see how i was handling all the emotions again.. but on numbers that i couldn't just chuck a grand into the account to get me out of DD .. and seeing winnings that actually pay bills .. to see how i react to that..
During this time.. i used FXT2 to back test my strategy for 5 yrs per currency i wanted to trade on .. to let me see how it performs multi year.. and get a feel for the highs and lows in profit and DD...
This year .. i put in an amount that i can make a living from.. whilst holding back capital in case of a Black swan or broker issue or whatever.. so that, if needs be, i can reload all again.. and keep on earning etc..
The psychology is it... that's the thing that will blow you up .. the trading strategies are everywhere.. and i would say the vast majority work.. if you dont break them..
6 months in ... working well... paying the bills.. still building the account . . and taking each day as it comes..
after 3 months .. i moved it up to $18,000 .. and did that same system for 4 months .. to see how i was handling all the emotions again.. but on numbers that i couldn't just chuck a grand into the account to get me out of DD .. and seeing winnings that actually pay bills .. to see how i react to that..
During this time.. i used FXT2 to back test my strategy for 5 yrs per currency i wanted to trade on .. to let me see how it performs multi year.. and get a feel for the highs and lows in profit and DD...
This year .. i put in an amount that i can make a living from.. whilst holding back capital in case of a Black swan or broker issue or whatever.. so that, if needs be, i can reload all again.. and keep on earning etc..
The psychology is it... that's the thing that will blow you up .. the trading strategies are everywhere.. and i would say the vast majority work.. if you dont break them..
6 months in ... working well... paying the bills.. still building the account . . and taking each day as it comes..