|My Trading Performance in R|
My name is Dave. I am a coder by day and trader by night. On this site, I share my experience Trading Forex, Precious Metals, Crypto Currencies, and CFDs on Stocks, Indices and Commodities.
To read about why I trade and why I think you should too, you can read this post.
I am open about my trading by:
Check My Trading PerformanceMy trading log supports the above performance graph. You can find every trade in my trading log. I track my performance in R. To learn what R is, check out this post.
Read My Trading PlanEvery trader needs a plan. Plan your trades and trade your plan! My Trading Plan can be found here. I hope it will show you that I actually trade according to a plan and that luck is a minimal factor in my trading.
Follow My Trading IdeasI regularly publish trading ideas on Tradingview which is freely accessible.
And I do weekly forecasts of the markets on my Youtube channel.
Learn My Way of TradingBecoming a trader is a process. And although some people have a natural ability to be successful in trading, most others do not have this.
I believe anyone can learn to trade the markets.
I have spent many years studying the markets, reading books on trading, doing backtests, and of course, trading itself. Finally, I am at the level that I make more money then I lose. So I feel confident I can share with you what I know on the subject.
Go Through My Free Trading CourseI have written a series of posts as a Free Trading Course: Learn To Trade For Free. It will help you get started trading the way I do. I highly suggest you go through the articles in order. The first post can be found here.
I suggest you check out my Youtube channel as I post educational content there as well.
Practice Your Trading SkillsAfter reading my series of 'Learn To Trade' articles, you are ready to practice what you have learned so far.
You can open an account at a broker and start practicing on a free demo account. Alternatively, you can fund a real account and practice trading very small position sizes. This is actually better, as with real money on the line, however small amounts, you will be able to practice the mental aspects of trading as well as the technical aspects.
About My ChartsI use charting that is independent of the platform I execute trades on. I use Tradingview for my chart analyses. As an alternative, you can also use platforms like Investing.com, Metatrader, or CTrader. However, to use these last two platforms you will at least need to open a demo account at a broker that offers the platform and the usage of these demo accounts is often limited in time.
I recommend both Investing.com as well as Tradingview, because:
- Both are free to get started.
- Bothe are independent resources.
- Both offer charting, news, economic calendars, screeners, trading ideas, a trading community, all in one place.
- Both offer tools on a wide variety of instruments, like stocks, forex, bonds, ETFs, mutual funds, commodities, precious metals, and cryptocurrencies.
- Tradingview even offers a replay function that will let you backtest your strategies.