Hi every1, its great to join a site such as this. I would like to ask at what point, to switch from a demo account to a live account?
So far i have traded forex for 4 weeks and feel like i started putting all the pieces together, only this last week..I managed this week to place 47 trades of which 40 were successfull. I want to start trading soon and plan to open a account with £2000..but i dont know if im ready yet?
Also as stupid as this question may seem i need to ask. Is a demo account the same as real but its just that u dont pay the price of a bad trade? or is it a simulation of a trace the broker uses to entice beginners to start trading and what is live is different?
thx guys
So far i have traded forex for 4 weeks and feel like i started putting all the pieces together, only this last week..I managed this week to place 47 trades of which 40 were successfull. I want to start trading soon and plan to open a account with £2000..but i dont know if im ready yet?
Also as stupid as this question may seem i need to ask. Is a demo account the same as real but its just that u dont pay the price of a bad trade? or is it a simulation of a trace the broker uses to entice beginners to start trading and what is live is different?
thx guys