Read the below articles carefully before you open a live account: How to Become Multi Millionaire Trading Forex Double or Even Triple Your Forex Trading Account Risking 2-5 Only. Forex trading is a kind of business that makes money without having to work too hard. It is possible to turn a small account into a reasonable balance that a professional trader needs. To make money through Forex trading, you have to learn and master it and this needs spending some time and energy. Open a small live account, and treat it exactly like you treated your demo account. Forex trading can be risky if you dont know how to limit and control your risk. Dont gamble, there are skilled traders, and then there are people who gamble in the markets. Your Financial Situation, the second point I have to share with you before I help you become a profitable Forex trader, is about your financial situation. Make sure you can still sleep at night!
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IC Market with at least 1:400 leverage. Some others do it after a while of learning and practicing with a demo account. Todays lesson is going to give you learn forex trade online the insight you need to develop a profitable trading mindset, so read this lesson carefully and dont dismiss any of it, because I promise you that the reason you are struggling in the markets now is because your. Dont just dive in head first without being totally comfortable in your approachthis is what most traders do and most of them lose money too. As a forex trader, your account size, the risk you take in each position and sometimes your entry and exit prices are all you can control. Beginning traders especially need to slow down and learn to trade off the daily charts first. YOU DO NOT have TO trade everyday to make a solid return each month. Open a small live account, keep on trading with it, and raise it, no matter if you have hundreds of thousands of dollars in your bank account. It is a big mistake to open a big live account. you can always open or close your platform for monitoring purposes but it is highly advised not to touch anything, open or close trades because that will ruin our strategy.