A few months back, something sparked my interest on getting into spot (Foreign Exchange) trading and so I started practicing on demo accounts, enrolling on online courses, attending webinars until finally I openned a live account – a microlot account.
The real trading practice is significantly different from the demo and yes, as expected, I burned some good money away the instant I started placing my trade. It was disheartening at first but I surely got something more valuable to my future as a beginning trader than the money I lost at startup. I gained practical knowledge on the best practices on how to and how not to trade going forward.
For those newbies like me considering on getting into spot trading, here are some practical and no non-sense advice you would definitely find it handy:
Read More Post a comment (8)
This blog says what it is, a blog about the three basic life essentials: Leadership, Money and Family. This is a collection of original articles I felt very passionate about and wrote them all here to share to my subscribers.
Hi my name is Daniel Dumaraos and I write and maintain this blog as a pastime. All articles I write are just my thoughts and opinions founded on personal experiences, wisdom, advices and other readings.