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Forex (Ch. 3 Permit to trade (Practice Account (what to do with it? ( …
Forex
Ch. 3 Permit to trade
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In trading, there's no one to stop us from lossing money (you are the one who's responsible for yourself)
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Practice Account
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what to do with it?
- learn to get consistent success trading b4 start on live account
- start with a small account size ($1000 to $5000)
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Patience
in driving, you have to train and pass the machine simulator tests (this needs patience)
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Introduction
What to expect
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Keep losses small, profitable as large as possible
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Ch. 2 Terminology
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Making Money
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Example.
if you believe the price of EURUSD will rise (euro UP, dollar DOWN)
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