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CarrieW,
continue to demo until you have doubled your demo account at least twice !! This will give you more information of viability of your system in time, as in the period that you hve to double your account twice, time will pass and there will be different market situations.
Take your time, don't go back live too fast; the markets will be there next month as well )
Make screenprints of your entry and of the exit, analyze after the trading day. Write down your entry rules and make a checklist use this for every trade.
Furthermore make a list of the trades 100 % according your trading rules and what the result would be and yuor real trades and their results. The bigger the difference between the two, the less you have traded according to your trading rules. Your goal is te get the difference to the minimum (= comply with your trading rules).
Good luck and take your time.
Udine
continue to demo until you have doubled your demo account at least twice !! This will give you more information of viability of your system in time, as in the period that you hve to double your account twice, time will pass and there will be different market situations.
Take your time, don't go back live too fast; the markets will be there next month as well )
Make screenprints of your entry and of the exit, analyze after the trading day. Write down your entry rules and make a checklist use this for every trade.
Furthermore make a list of the trades 100 % according your trading rules and what the result would be and yuor real trades and their results. The bigger the difference between the two, the less you have traded according to your trading rules. Your goal is te get the difference to the minimum (= comply with your trading rules).
Good luck and take your time.
Udine
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