You can start with a 1k account. Use a 0.1 lot size for each trade. Only 50 pips a day will double the account in one month. Then you can use 0.2 lot size and start compounding. This way you grow your account nicely.
Discipline is multi faceted. Not allowing your loss to grow. Setting a target tp and stick to it. Never mind "leaving pips on the table". Having a strategy with rules that you obey.
I have Agimat. I find it works ok, but the future predictor is not very reliable, as it changes with the market condition, and therefore you cannot backtest.
Placing a SL on every position is very important for your protection. However you need to let your trade breathe, so don't make it too tight, otherwise you could be stopped out before the position goes in your favour.
I started 3 years ago. I have spent lots of money on education and strategies. I have blown 3 1k accounts, 2 of which by EA's. Now finally starting to see some success and consistency.
No particular strategy is the best or safest. Find one that works successfully and suits your style and then trade demo for at least 20 trades and follow the rules.
You need a strategy that works. Then use it on demo for testing. Have a demo account balance that will be the same as your balance when you go live, and trade the same lot size as you will use on live account. Have a trading plan in place going forward.
No amount of time is enough to learn how to be a successful Forex trader. Price action, emotions, risk management, Market Makers etc etc. Its an ongoing learning process.
I agree MT4 is really good, especially as its free. I use it to place my trades. However Trading View is a much superior platform for charting abilities, and they have a free version.
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