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RE: Trading Journal: Pips and Pip Hunting
Good luck. I quite like the idea of trading from a Bitcoin based account.
It will take some time to work out what your psychology is. Mine - I have to be right. Forex is tough because you can make money being right 50% of the time, which means that you are WRONG 50% of the time. My brain cannot hack that. That is why I have spent quite some time finding root ways of trading - robots have no emotions.
Thank you. It will take time. I've thought about trying to use bots for that exact reason, but haven't just because it seems daunting because I don't know much about coding.
No coding required to setup a trading bot. What is required is a strong understanding of FX markets and a solid approach to backtesting and live (forward) testing. I found in all the FX stuff is there is a right time to learn new things - that time will come especially if you are disciplined on conserving your capital.
Thanks @carrinm! I have a lot to learn!