Since a new month has started and after inspecting my past performance in the contest and what went wrong I realize that the number one mistake I make is taking trades that are not meeting my trading rules and I do this out of boredom as I'm waiting for my setups to show up so I can take them in my live account I'm finding myself taking experimental trades in the Contest account which turn out to be not so good trades as usually I go full margin in.
In order to counter this weakness I thought that the only way to manage it is to link my demo account to my live account (first need to figure out if I can subscribe to my live account and link the demo-live account together).
I'll be killing 2 birds with one shoot:
Over the past month I was quite busy and as far as I can tell it will be even busier as beside trading my own live account I'm also managing some OPM capital. Wish everyone good luck for November, but my goal is to smash it this month
Best Regards,
Daytrader21
In order to counter this weakness I thought that the only way to manage it is to link my demo account to my live account (first need to figure out if I can subscribe to my live account and link the demo-live account together).
I'll be killing 2 birds with one shoot:
- I'll be only taking trades that are based on my trading rules
- Second I'll be getting live subscription points.
Over the past month I was quite busy and as far as I can tell it will be even busier as beside trading my own live account I'm also managing some OPM capital. Wish everyone good luck for November, but my goal is to smash it this month
Best Regards,
Daytrader21