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Can you please elaborate? Do you wait for your loss to reach 10-15% before you think about stop loss? If yes, then what is your contingency pan if market decides to make a big move?

Well if one can afford it then they can trade with a $100 account and see how things go for them. As an alternative to demo, I can not suggest more than that amount to risk.

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Well it is suggested to use the same amount of balance on demo account which you are intending to use on your live account. And it would be wise to do so. But on demo account traders can do all kinds of experiments. Who knows something good might come out.

Well said. It is the trader himself who chose to follow the trader and was lazy enough not to include his own input in to his trading. So should not blame signal provider for his losses.

Yeah. Overall they are bad for trading. This is my personal opinion. There are others who find those pairs profitable. Everyone has a different view on the market.

Well it is not a bad idea to trade with more than one broker. Now there are copy trading technology and similar softwares out there so one does not need to put trade on every platform. And can manage trading activities with just one platform.

Trading life must be difficult for you. Please don’t take it offensively. Just my impression from your post. Personally I find daily profit target a difficult thing and my preferred is weekly or monthly target.

Well EUR/USD has most liquidity in the market and less vulnerable to spikes. So most traders prefer it. But I also agree to check other major pairs. If you look at their correlation then you will see similarities in their movement.

Just remember one thing that the market moves based on the collective activities of traders around the world. And you can not always pick the right side. So occurring losses is normal.

Well if it makes you profitable then so be it. I like H4 chart but it is not my main focus. Swing trading is not my way of trading and I try to get in to a trade and exit on the same day.

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That is the best thing about trading. When you are making consistent profit then you don’t need to rely on others for anything. Everything you do is on your own decision and have the freedom which many people desire.

The slippage during NFP is unbearable and there are times when market spikes and those pending orders turns in to nightmares. It is not a preferable way in my opinion. But each trader has their own way so it is up to them.