There is no way to determine the best strategy, and be sure to know that there is no such thing as a perfect strategy or plan. There are options available to you, but there are a few things to keep in mind before deciding.
You have started this journey because you want financial freedom or wish to supplement your current income. Either way, you are on this journey to make some coin. In this article, we highlight why you should delay your first withdrawal and compound your account. Delayed gratification is the act of ignoring the impulse to take the reward available with hopes […]
In several instances, I had to cut losses at 10 or 20 pips to avoid significant loss. Overall you need to give your trade room to breathe, which means that you cannot have an SL that is too tight. You cannot swing trade with a smaller account because of the manner that the market moves. Scalping, on the other hand, […]