I'd have to agree about starting a live account asap. And by asap I don't mean tomorrow. I'd also stress that you do not put in alot of money in at first. Build up your account very slowly ie if you double your account in a few months put another 50% in, don't put your life savings in at that point . You'll know when you've got a profitable system. You definately have to do enough demo trading to get the basics down and do your home work to learn about forex first. After getting to that point though. Put in enough to make it real.
It took me about 6 months of study and practice before I opened my live account. Probably would have been longer without a mentor. But having a little real cash on the line is the only way to learn the psychological side of this. And in my opinion psychology is key in this business. Would also like to add, I don't think I've ever worked so hard. I'm either studying or trading all day everyday while the market is open.
Last edited by randont; 06-21-2008 at 01:27 AM.
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