Another newbie!

Beginner Questions
1

Hi all!

This is my first apperance here. Two weeks ago I discovered this site, and I’m learning a lot of things of this world of FX! I’m on elementary, so I’ll start to “bet” money after learned all the FX school.

I have two demo accounts in FxPro, the one on 1:100 leverage, earning 7.000€ in three weeks, and another with 1:50 and “only” 1.000€ of benefits in two weeks. My idea it’s to put a capital of 1.500-3.000€ and go on. My questions are…

-With this capital, it’s a risk on a 1:100 leverage? (I usually sell/buy 100k)
-FxPro is a confident trader?

Since I started I earn benefits… It sounds too good, seeing that 90% of traders lose money… so I’m a bit scared, but a part of my is confident with my way of trading.

I’m from Spain (Euro zone… catastrophe zone), the economy is going down and down, I’m only 20 years, studing engineering, I have my projects on the automotive sector, and I saw this market like a way to enlarge capital to do this projects in a future! And first of all take more classes of english!! Sorry if are grammar mistakes in this post hehe

Best regards!

2

Big wave back over the pond to Spain.:slight_smile: Demo your way in, and don’t be tempted to run before you can walk or you might end up with skinned knees and elbows. Good luck trading friend.

3

Im with Fxpro. Very happy so far. But dont expect real trading to be the same as the demo! If you arent too bothered with using MT4 platform, check out their cTrader ECN. Very user friendly

4

I started with cTrader, and with it I’ll go on!

What differences have you noticed between demo and real trading? The orders are slower?

5

If you are new to trading, I don’t recommand playing with such a high leverage. It is better to just observe the chart and get a feel of what the market is like. It is better to be conservative than to be aggressive … especially if you are new to this business :slight_smile:

6

Good day everyone! I am James Spader. I found this site interesting and of course we can interact also to other members as well. Hope to find new more friends here. I’m positively looking forward to the forum and its members hope all will guide, share and help me to increase my knowledge.