The RKD £1000 FX Challenge - trading a live Oanda account from £250 to £1000 - every trade posted.500 pips on EURAUD (missed!)

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#OPINIONLEADER#

I have set myself a challenge. I have been asked many times how much do you need to open and trade an FX account. I always give the same advice. If you are a novice or inexperienced trader or indeed a losing trader then DO NOT OPEN AN ACCOUNT WITH $5000 OR £5000 BECAUSE YOU WILL LOSE IT!!.

If you are learning to drive you don't learn in a Ferrari.

Demo accounts are (almost) a complete waste of time.

There is no risk with a demo account. You can trade1 or 10 or 20 lots and it doesn't matter.

You will never learn to trade by doing this.

You are far better opening a $250 account and trading microlots until you have a method that is reliable andf dependable.

If you follow my challenge you will see the trades I am taking and the rationale behind those trades and you will learn how to manage risk which is what trading is all about.





면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.

독자들의 호평을 받았습니다. 팁으로 총 20를 받았습니다.
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