29‏/08‏/2009

PRACTICE ACCOUNT

PRACTICE ACCOUNT
I would strongly recommend that before you start scalp trading with real
money (even if you are already an experienced Forex trader) that you first get
a demo account with the broker you intend to trade real money with to
practice. I STRONGLY URGE YOU to practice scalping in your demo
account for at least a month (accomplishing a minimum of 20 trades, but more
is better) before trading with real money. Remember, if you can’t make
money in a demo account you won’t magically become successful just by
transitioning to real money. forex sato
After you have succeeded in a demo account next trade a small amount of real
money in a mini account to continue practicing (as your psychology will
change as a result of trading real vs. fake money) before gradually moving up
to trading with the full account size you intend to be trading.

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