I have set myself a challenge. I have been asked many times how much do you need to open and trade an FX account. I always give the same advice. If you are a novice or inexperienced trader or indeed a losing trader then DO NOT OPEN AN ACCOUNT WITH $5000 OR £5000 BECAUSE YOU WILL LOSE IT!!.
If you are learning to drive you don't learn in a Ferrari.
Demo accounts are (almost) a complete waste of time.
There is no risk with a demo account. You can trade1 or 10 or 20 lots and it doesn't matter.
You will never learn to trade by doing this.
You are far better opening a $250 account and trading microlots until you have a method that is reliable andf dependable.
If you follow my challenge you will see the trades I am taking and the rationale behind those trades and you will learn how to manage risk which is what trading is all about.
Penafian: Pandangan yang dinyatakan adalah semata-mata dari pengarang dan tidak mewakili kedudukan rasmi Followme. Followme tidak bertanggungjawab ke atas ketepatan, kesempurnaan, atau kebolehpercayaan maklumat yang diberikan dan tidak bertanggungjawab untuk sebarang tindakan yang diambil berdasarkan kandungan, melainkan dinyatakan secara bertulis secara jelas.
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