Hey guys. It's me again.
I am a sucker for futures trading especially short time frames.
So I'm going to start a demo trading journey for 2 reasons.
Reason number 1 is from psychological view, it is risk free and it would only be about my projection on trade that is either right or wrong. There are nothing in between like against the platform or others players.
Reason number 2 learning journey, holding a trade and risk - taking is a very weak part of my trading. I think some of you would realise after a considered amount of time on live trade. We sometimes can be caught in a trade where we just want to catch the reversal entry point of the market. This can be huge profit if it is right or bleeding you guys out completely.
I don't know how long the journey will last. But everyday 1 trade - reasons for going in and I will just use 3 indicators ( RSI - MACD - VoL ) plus Elli waves structure ( SP and Res of course).
I hope if you are new to the market this journey can help me and you to minimize the risk before actual live trading.
Target of the journey - 1.000.000 USD or 0 LOL.
Starting fund would be 12.000 USD on demo.
Now yesterday I got lucky on $MYX which made me profit of a little over 6000. But then tried to short $RAVE and it was shit. Funding fee was like crazy and up until now there are really no upside of catching the reverse entry giving the fee is too high. If it just goes side way the bleeding just crash your account seriously.