I am currently practicing demo right now and so far I have written below two of my closed position, they are long and short. I want everybody's comments about it.
Desk Instrument Side Open Closed Qty Profit
Virtual Forex EUR/USD Long 1,3094 1,3105 100000 110.00000
Virtual Forex EUR/USD Short 1,3092 1,3082 100000 100.00000
I have some questions about it:
1.) In the two position above I am gaining profits even though not that much. Can I trade like this? Is there any chance that I can perfect this strategy and earn profits trading like this?
2.) I buy and sell trades at the same given time, trying to block where the market trends will go. What I am trying to do in the transaction above is that I want to benefit both the downward and the upward trend of the market. Do you think it's risky or not?
Share to me what is your comments about it. Am I doing the right thing if I continue my trades like this? Or this kind of trading will only give me more loses than gains? Thanks...
Desk Instrument Side Open Closed Qty Profit
Virtual Forex EUR/USD Long 1,3094 1,3105 100000 110.00000
Virtual Forex EUR/USD Short 1,3092 1,3082 100000 100.00000
I have some questions about it:
1.) In the two position above I am gaining profits even though not that much. Can I trade like this? Is there any chance that I can perfect this strategy and earn profits trading like this?
2.) I buy and sell trades at the same given time, trying to block where the market trends will go. What I am trying to do in the transaction above is that I want to benefit both the downward and the upward trend of the market. Do you think it's risky or not?
Share to me what is your comments about it. Am I doing the right thing if I continue my trades like this? Or this kind of trading will only give me more loses than gains? Thanks...
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