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Ah , I though there was a 5 point spread at the buy and the close - thus 10 points and I was beginning to think how this would quickly add up , at the moment I am just watching the price movements across the 4 majors - I think much of my trading will be done on M15-30 charts as my optimal risk threshold is 20-25 points if I begin with a 15USD account - If I was to attempt entry/exit on 1-4HR chart the price ranges wouldnt align with my risk tolerance , cant really risk 50 -75 points on a given trade so I have to look for multiple time frame alignment and set my stops accordingly
Should I backtest my trading system or test it in real time , my strategy is to build up a 100 trade sample size over varying time increments using various setups along the way
From here I will look at average loss/gain
average stop , premature exits/entries , system reliability etc
just have to build up a sample size so I can break it all down and hope to learn from it
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