If you want to live the life you want, you have to know how much profits per day you will need. I life in California so I feel like I need to make 200-300 USD per day to live a normal life. Hope this helps.
What is the best method you think there is in terms of Price Action or what indicators do you prefer to use and has helped you become a successful trader?
I was so close to passing the challenge however on one of my trades i forgot to set a stop loss and it happened to be the only trade I took that went bad. now I have to wait a month before I can try the challenge again. Make sure you set your stop losses if you use them.
Theres a somewhat famous quote that I read before. It was from a female trader who said something like "there's no true magical method when it comes to trading. you must defeat the battle within yourself before you can defeat the markets."
There's a lot of videos to watch for the MMM strategy. I'm still trying to wrap my head around the concept. It seems to make sense in the overall picture to me. I pair it with Price Action and kinda use both methods for trading.
Thanks for all this valuable information. It helps a lot with the confusion I get when I'm watching hours and hours of video. I seem to have brain fog after watching for a long period of time.
I've always wondered the same because some of the templates I use are for MT4 and even though MT5 is available, my group still insists on using MT4. I'm unsure why...