beginner traders so confident in their trading skills that they were putting 1000-2000 dollars on their new Forex accounts and were blowing them away eventually, or at least were losing a great part of their investment and stopped trading scared to lose the rest of money.
What a losers! They were driven by the greed to start earning bigger money with larger accounts, instead they paid price for their greed. First Forex trading lessons are very costly; those who don’t know that will pay too much to learn that.
Many factors come in play once a trader opens his first real account. Trading real money is challenging. When you have a lot to lose your level of nervousness and restlessness doubles and triples; and for unlucky ones it sky rockets.
Save yourself a couple of thousand dollars, kill your greed and a will to start making big money right away. Actually, it won’t happen anyway.Making a copy for personal use or linking back? Be my guest! Stealing content? STOP immediately! If I find you, your site will be banned!
Open a small tiny puny Forex account with say $250 dollars. That’s enough; believe me, just perfect to start. Trade smallest lots available. Not only your mind will be calm and you won’t be worried about losing some pips, you would practice and learn trading lessons for free!!!
If you manage to make some couple of dollars on top – that’s awesome. Practice this way for at least 3 months, my friend. If you good at it, then add another 100-200 dollars, practice for a month again. Add funds slowly so you get comfortable with the responsibility you take and over the time become confident in the trading methods you use.
This way you won’t pay thousands to learn how to trade and lose in Forex, because I promise you – you will start with a losing streak once you are in the real money world. Money is evil.
