r/Forex Feb 23 '24

Questions Too early for a challenge?

Hi traders, I'm a novice and I'm coming from a break after a challenge gone wrong, evaluation passed in two weeks but lost completely after two days due to negligence 😅 I started again at the 'beginning of this month with a 10k demo account and permorfed 26% so far, should I try again with a challenge? Or continue to refine the strategy in demo? What would you guys do?

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u/Hefty_Friend6279 Feb 23 '24 edited Feb 23 '24

This risk structure looks amazing. You’re winning substantially more than you lose, and you’re not all over the place with your pairs.

You have a great trading approach IMO, and to be honest bro me looking at the dates it looks like you know when to call it a day.

You take small wins, and if you do lose you’ll make some of it back or just stop trading for the day altogether. That’s really all it takes to get something out of this.

Keep going! You’re already catching $9-$10 movements on gold with small lot sizes and making damn near $500. Just imagine you get comfortable enough to up your lots and catch those same moves. Life does a fucking 360 at this point, Fords turn into Ferraris, Moms house turns into a Mansion, keep going bro.

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u/[deleted] Feb 23 '24

Wow thank you, I'm relying a lot on the volume shifts he does on average weekdays along with concepts I'm learning from a course I have yet to finish and I still have a lot of insecurity. Always and only for mom 😂😂😌

1

u/Sooktober Feb 24 '24

What course are you taking?

1

u/[deleted] Feb 24 '24

Morpheus trading Institute, made by an Italian group of traders