Day Trading & Forex Forum

evergreen1

better for you to start live trading with real money before that you must do start trading on demo account at least 2 weeks.it will help you in market position and also in trading tools that you need to understand.

NetTecture

This is one core point. Unless you trade very slow (daily etc.), taking a week or two to make sure you are comfortable with the platform is a must. Basically I would say even a seasoned trader... would be good to take at least a week on simulation just to make sure he gets his fingers properly programmed to enter the orders correctly

docforex

Demo trading is very important , but live trading is not that hard and all you need just to adjust your trading time and starting balance not more than 5,000 and be patient.
Best Wishes

aamattsmith

I was using demo for about 2 months before going live but it all depends on your personal level of comfort, it is different for everyone IMO

glyder

I'd suggest once you have found your system/ method that gives you an edge, demoing for three months at the very least.
Find out all the mistakes you are likely to make and make them all for free at the same time as honing your technique. Whats a few months to learn a skill that can repay you for a lifetime.?

JDTRADER

Oanda FX Trading Platform
Practice Forex Trading with FXGame - OANDA FXTrade

This video is of the Game platform but the Trade platform is the same


Its a bit of a mission to get funds onto Oanda but you can trade with very small amounts trading from 1pence or 1 cent with a deposit of £50 or $50.

Use the game platform first run down the starting balance to a balance that you would fund in a real account and trade from there until you see a profit

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TO INFINATITY AND BEYOUD

http://www.youtube.com/watch?v=Dic_Hhnh9zg

http://www.myfxbook.com/members/JDTRADER/jdtrader/3255

trader545

It's really good to try different brokers with different platforms, because experience is the most important. But after trying, I think, it's better to find THE ONE, that suits you best - who has a reputation in the financial market, where the customer care support is very good and of course, it must be safe and reliable!

Definite demos help to grow yourself matured. The best investment is always the investment on your brain. Without a doubt, Forex trading needs much more than just a few guidelines or tips to be successful. Experience, knowledge, capital, fortitude, and even some help of luck are all crucial in one’s success in the FX market. if you lose in a trade, do not lose the experience in it. Learn from your mistakes and regain your position in the next trade

oiltanker

most soldiers get 6 months training. commandos get a year before they are sent anywhere near the real thing.

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OT