what are people's thoughts on using pending orders to trigger trades while they can't be in front of the PC? it sounds like a good idea. but i always wait for a candle to complete before i judge the situation. if i use a pending order it might get triggered by a market fluctuation. e. g. what is supposed to be a new high breakout ends up being a false breakout. . . what are people's thoughts ?
Choosing the size of the lots when you enter a trade should be a part of your trading strategy. If you ask yourself what lot size it will work best for you as a beginner, the answer depends on your trading style and trading strategy. The smaller your lot size is the more flexible you can be managing your account.
This strategy made me profits of almost $45000 yearly. What do you think when I turn live trading with this scalping method (working on a 5M-15M chart and executing 3-5 trades per day from Monday to Thursday and sometimes Friday, but very rare, keeping a position open for 3-30 minutes), any recommendations?