Hey guys, this is my very first post on this forum and I would like to thank you all for this wonderful community. Is some input from you guys on this idea. I am considering opening a live account and trading quite little (10 pennies a pip) just to get a hang of trading. I've been practicing on demonion, but I hear that reside is an entirely different story. And yes I do have cash to sacrifice as long as it will be to my advantage. Anyways, input appreciated and maybe if you guys can tell me that broker to choose.

Thanks in advance,

ART
yes. Trading reside is the best method to get a hang of it. I remember my first few trades. I had been too scared to exchange, and I couldn't ardently choose a direction. I'd go one direction, and then after losing about 10 pips, go in the other direction and so on, until I dropped most of my cash. From then on, I have started ignoring money management principles, and today , I trade maybe once a week, however my trade is perfectly planned out, almost always leading to a massive profit. This may not work out to you, but its the subject and the patience which matters the most. Ask yourself these questions.

Can I withstand the pressure once I view my equity fall by --%

What needs should be met for me to enter a transaction. (think along the lines of fundamentals, as IMO, they will not let you down)

How much risk can I choose.

Good Luck.