terunoz
Junior Member
- Nov 23, 2024
- 198
- 125
i think i mentioned an answer to this question before in my thread butBro what would recommend some one who is starting out (just started my demo trading on mt5 going to do that for months) So what are the things to stay away like youtube gurus.... etc. ( right now what i do is journal evry trade i do, what strategies used to enter trade..) And btw good luck on your journey!
its good u started out but i do NOT recommend demo trading on mt5 tbh, it gives u false sense of trading iMo because u dont adapt to spreads mainly and u wont know abt swaps or rollover fees and when u win trades u will be like u are the best but the moment u start trading back on a real acc or a funded acc and u start losing u will be like im the worst, i cant trade, this is not for me, and shi like this and u will likely give up
so solution :
- start trading in a real acc for ts u dont need a shit ton of money just use like $10 or $100 and trade 1% for every trade. REMEMBER ts is not the best also, but far better than demo trading and u would actually get the real experience and REMEMBER 2x do NOT think of making PROFIT it is NOT your thing yet, just practice for the sake of getting an feel do NOT expect profit 2x
- if u have some money start trading in funded challenge accs, being brutally honest u would very likely blow the acc and lose that money same case for the real acc btw but for some reason likely beginners luck u would make some money and after that u will keep losing likely which during that time do NOT give up , js keep going
then about youtube gurus, i mean look MOST of the people on youtube or social media is trying to sell u a course it is js normal but i do think u can just watch the videos without buying a course
what does this dmb nga mean by this?
well gng what i am saying is JUST TO GET AN UNDERSTANDING watch videos
i think u have to go thru that phase it is JUST NORMAL for everyone
my dumb ahh had that phase also watching videos on youtube, yk i think i have watched over 600-700 videos on youtube
well did i learn a thing or two? defenitely yes so just watch some videos without jacking off ur shi
journaling is a great thing, but im not much of a journal person but I TRY TO DO IT ALSO
good think dep keep doing it
what kind of strategies do u have right now?
thank you, i appreciate it
lmk if u got something else cuh
Hey, I guess dont fall for anything from gurus. Search CryptoCred Technical Analysis Series on YT, this is where I started. This guy is a multimillionaire OG in crypto and he has the best free course, what I look for most of the time is just Liquidity, MMXM Model, I'd say I'm a liqduity trader most of the time. It's a long process and Managing the risk on your trade is a different game over the trade itself. And dont waste your time daytrading on 1min/30 sec charts. That is mostly for algos, you can't beat the algos in this game think about it, they spend billions looking for edge, trust me you dont have any.
btw @GhostSEOO or anyone reading ts
I DO NOT KNOW TS NGA OR HAVE SEEN ANY OF THESE VIDEOS SO I DO NOT KNOW AGAIN, WHAT HE SAID ABOUT 1m 30s CHARTS IS KIND OF TRU BUT THERE ARE EXCEPTIONS BUT AGAIN I DO NOT KNOW TS DMB AHH ON YOUTUBE OR ABOUT THIS COMMENT







