Starting out

cycro

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Hi all,
How can I manage a trade entered as I am not always at my workstation?
(I'm new to Forex and only trade demo at this stage)
Cycro
 
Hi all,
How can I manage a trade entered as I am not always at my workstation?
(I'm new to Forex and only trade demo at this stage)
Cycro

Have a plan on what price to enter

If you have a plan on entry you should have a Stop Loss and Take Profit target. Some sites have iPhone access to mange you trade on the move. But you should never enter trades from this method.

A good site for Demo and Live trading Forex is Oanda. Bit of a pain getting funds on and off but great for trading plus they have an iPhone app.

Demo: http://fxtrade.oanda.com/forex_trading/fxgame/

Live:
http://fxtrade.oanda.com/forex_trading/fxtrade/

Some great videos on Forex:
http://www.youtube.com/user/InformedTrades#p/p

And its back to school with Baby Pips:
http://www.babypips.com/school/

Trade well :cool:
 
Thanks for the heads up.JDTRADER:smart:
I think a great Game Plan is required and I am definitely going to follow it.
Cycro
 
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