Am i ready to trade with my money?

Hi David,

If you have to ask, then the answer is probably not.

It does not seem you traded your demo account in a way that will properly prepare you to trade $250 in a real account. Here are some tips to help you make the most of your demo trading going forward:

  1. The first step is the treat your demo account like a real account. Use trade sizes that are realistic for the live account balance you intend to have: Pip value for 500 bucks on metatrader 4
  2. Then make sure you use appropriate risk management: Leverage and Margin
  3. And when you start trading a live account, stick to your plan: How do you deal with your loss?