Hi,
Initially I spent some time with a friend of mine who makes quite a bit of money doing Forex. He taught me the basics. I worked with him on his account and saw what he is doing. I have have now spent three weeks with a demo account making an average of about $200 per day. I have more days with small losses than ones with big wins, so I am being very careful. Sometimes I grind my teeth when I see what I could have made if I had dared to stay in longer, but I have been able to control my urges.
I am using a commercial signal service my friend showed me which cost about $175 per month, so that will come off my bottom line.
I will also say that the $5K I will be using is money I can live without since it comes from sold stock. I am willing to take the risk loosing it (and so is my wife..
I wonder if I now should consider myself ready to go live? My friend has told me as long as I keep it simple and do not get tempted to try to make big risky trades I am good to go. What do people around here think is enough practice before going live? Am I ready?
Initially I spent some time with a friend of mine who makes quite a bit of money doing Forex. He taught me the basics. I worked with him on his account and saw what he is doing. I have have now spent three weeks with a demo account making an average of about $200 per day. I have more days with small losses than ones with big wins, so I am being very careful. Sometimes I grind my teeth when I see what I could have made if I had dared to stay in longer, but I have been able to control my urges.
I am using a commercial signal service my friend showed me which cost about $175 per month, so that will come off my bottom line.
I will also say that the $5K I will be using is money I can live without since it comes from sold stock. I am willing to take the risk loosing it (and so is my wife..
I wonder if I now should consider myself ready to go live? My friend has told me as long as I keep it simple and do not get tempted to try to make big risky trades I am good to go. What do people around here think is enough practice before going live? Am I ready?
//C