5 thoughts on “Been practicing for about a month now. Am do y’all think I’m ready to start with real money ?”
only you can answer tht question my brother using real money can mess you up mentally since its tough to take a loss & alot of ppl when they take losses they want to revenge trade to make back their original loss but they ultimately end up losing more than wht they bargained for i suggest when you go live to use money that you can afford to lose, dont think because you can grow a demo account you can grow a live 1 not all demo accounts have spreads unlike the live accounts which can & will take you out all in all if your comfortable going live than do it just dont put in 1,000 or so dollars to try to get rich i suggest start small 100 – 500 dollars & grow tht to 1,000 than 5,000 etc
only you can answer tht question my brother using real money can mess you up mentally since its tough to take a loss & alot of ppl when they take losses they want to revenge trade to make back their original loss but they ultimately end up losing more than wht they bargained for i suggest when you go live to use money that you can afford to lose, dont think because you can grow a demo account you can grow a live 1 not all demo accounts have spreads unlike the live accounts which can & will take you out all in all if your comfortable going live than do it just dont put in 1,000 or so dollars to try to get rich i suggest start small 100 – 500 dollars & grow tht to 1,000 than 5,000 etc
have you traded any other pairs? And can you replicate this with other pairs? Do you have a system/plan to your trades?
How
One month is pretty ballsy but try it for one day.
One month is too little in my opinion. Minimum 6 months