Congratulations on successfully completing your backtest! You have reached the 4th and final step in the training process, demo trading. With the demo account you opened, begin trading the strategy, recording your trades and keeping a journal. Attend the trading review sessions with your teammates to review your trades and experiences.
Trading Room
Crush Pro Teams are working together in the Trading Room channels of Slack. Now that you are ready to begin demo trading, contact your Team Leader to access your Team’s Trading Room. Opportunities are being shared by both demo and live traders. The Live Trader’s Opportunities are pinned to the channel for easy reference. Once you go live, you will be rewarded for the winning opportunities you share!
To keep things simple and consistent, enter trading opportunities as follows: BUY EURJPY 117.32, SL 116.72, T1 117.92 (H4 Engulf)
BUY: Is it an opportunity to buy (go long) or sell (go short)
EURJPY: The market the opportunity is in.
117.32: Entry price where the trade was taken.
SL 116.72: Initial Stop Loss
T1 117.92: 1st target
(H4 Engulf): not required but helpful to let traders know the timeframe and setup
You will trade for a minimum of 1 month. You can continue to demo trade until you gain the confidence and believe you are ready to trade live. Once you have completed a profitable month, you will have successfully completed your training and be ready to join your team with real capital.
Assignment: Upload your Trading Report with your profitable month of trading results.
Trader’s Mindset:
Profit Gap – A profit gap is the difference between your backtested results and your live trading results. The wider the gap the more work you need to do on your mindset in order to reduce it.