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ForeXecutor
| Looking for patterns when trading |
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| Written by Kimball Hall | |
| Tuesday, 14 October 2008 | |
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When I first got started trading, I thought it was going to be a piece of cake. I practiced looking for patterns and signs on the indicators to tell me when to trade and how far a trade should go and I as I did it I couldn’t help but think it was going to be a piece of cake. Well, we all know how that turned out. There is HUGE difference in looking for patterns after they have developed and looking for them as they develop. But how can you get that type of real time experience in trading and looking for trades without risking all that money. There are two great options. Both have advantages and disadvantages. The first way you can get real life experience is to use MoneyTrek in 4xCharts. The disadvantage of this method is that you aren’t risking anything real. The second way is to fund a micro account with $100 dollars and start trading. Most people waste that amount on sodas’ or smokes or some other habit that we could easily do away with and spend the money elsewhere. The disadvantage here is that you may feel like you aren’t getting anywhere with such a small account. However you do it you need to get started. And you need to get started now! Below are a few screen shots of set ups as they were happening today   
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