Steps to trade real money
Follow these 10 steps to start trading your real money account
- SUCCESSFULLY TRADE YOUR DEMO ACCOUNT
- OPEN YOUR REAL MONEY ACCOUNT
- FUND YOUR ACCOUNT
- TRADE WITH CAUTION (apply the exact same strategy you used profitably on your demo account)
- NEVER TRADE MONEY YOU CANNOT AFFORD TO LOOSE
- MAKE SURE TO READ ALL MONEY MANAGEMENT ARTICLES
- PATIENCE is key to trading
- Do not panic, think before you make any decision
- Trade small lots. Do NOT trade more that 1 or 2% of your equity per trade. Never have more than 10 trades open at any given time.
- Keep excellent track of your success. You should save your trading records so that you can analyze the profit, loss and drawdown from particular trades to further improve your strategy.