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If you want more help with making the transition from demo trading to live trading, check out my members’ trading forum. There you will find a genuine group of price action traders all helping each other and discussing potential setups in real time market conditions, for more information check out my Price Action Trading Course page here. If you have any questions or feedback you can contact me here. Hey Nial, cheers for another great article. I remember when I first started on a demo I just choose to trade a small amount of fixed dollars on each trade as I was not aiming to make money but to show consistancy in sticking to my plan. The end result is that I ended up with more profits. I took this same mentality over to live trading and risked just a very small amount on each trade, I was able to trade EXACTLY the same way and didnt see or feel anything different from how I traded on the demo. It was a great feeling and knew instantly that all new traders need to risk only an amount that they are detatched from. As I started to increase this amount I had gotten so used to it gradually that I was DESENSITISED to it. Apart from haveing a solid trading plan and sticking to it and correct money management, risk/reward. The detatchment from the money is the real silver bullet for trading for me and trading is well and truly stress free for me now.
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Can you inform in which direction a currency will move today?Click here for more tips on expecting which way our chosen trading currencies will shift for a specific day.
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Grid trading is one example.
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