Recent content by pawned

When I first started I was probably spending 15+ hours on charts and videos if not more. It was consuming but when you are first learning you kinda get swept up into it. Now, Not so much but If im having a bad day I do make an effort to spend majority of the day backtesting/studying. Being...

I'd say forex is about having the knowledge to be consistent. No bot is 100% all day every day. Let say you did have a bot but its starts to take loss after loss. If you have the knowledge on how price is moving, you could adjust your bot for those conditions, but if you didn't, you would just...

I'd say any JPY pair or USD pair. They are liquidable, and dont have crazy random spikes besides news. My fav pairs are GBPJPY, GBPUSD and EURJPY, EURUSD. They move well during London and US sessions

Demo trade only for a few good months until your consistent. Then start a small account. Demo trading and live trading hit different and you never really will understand your success until you get on a live account regardless of your demo results. Losing and gaining real money changes a lot of...

I'd say MA/EMA would be the best. I like the vwap but you can easily use a MA to get about the same results. Easy for trend following and trend directional trades

I think its better to trade manually starting out so you understand price action. If your bot starts taken a bunch of losses and by looking at the chart you dont understand why, that doesn't really help you. But if you understood price action from trading manually, you can adjust your bot to for...

GBPJPY,GBPUSD or EURJPY, EURUSD. From my experience any JPY pair or USD pair really works with small accounts. No crazy spikes on price either unless news

Demo, demo, demo. Create a good strategy and demo it like hell. Try to have clear cut rules and keep your chart clean so indicators dont conflict with one another and you can clearly see price action

Same, Im in a few years and I still struggle with sticking to a plan but id I had even the slightest clue when I first started, this would have saved me a lot of time, money and mental anguish

Helps with consistency. Following a plan and having a strict set of rules, you can keep repeating successful trades.