View Single Post
Old 12-04-2006, 12:58   #7
patrick_fx
level 2
 
patrick_fx's Avatar
 
Join Date: Nov 2005
Posts: 88
Downloads: 0
Uploads: 0
Rep Power: 3patrick_fx is on a distinguished road
Re: Interested in starting out

Quote:
Originally Posted by MickMason
Absolutely!

Trading actually isn't that difficult, after all this is only a 2-horse race, it's the discipline to overcome natural human instincts that's the hard part and that's not on any chart or indicator.

Mick

MickMason! I like your view "this is only a two horse race". :-) You're right, it has a lot to do with discipline.

I'm still a beginner, but would like to share some advice. Either start with demo account or very small real account. I started with a demo account for a month, then a small real account for another month, then the real account. Some people might say that's too short. Some will suggest you to trade demo account for at least a year. It's all depend on your judgement.

IMO, indicators and charts are important, but the most important part of trading venture is Money Management. Make sure you have it even before start trading a demo account.


Good luck and welcome to Moneytec :-)
patrick_fx is offline   Reply With Quote