I posted a similar thread in the Beginners forum as well. I just need some help on setting up a new real money account - i.e., what are some good forex sites to use for trading?
Based on a recommendation from a friend I downloaded meta trader 4 and the avonko elite system from
http://www.avonko.com and set up the free
demo-account with the program.
Ive been letting this "expert advisor" run for like 2 months now almost every day and it's done really well, taking my play money balance from 5000 to about 7200, but I want to actually start making real money with it.
Here's my position - I have $2500USD to start trading with. Is this enough? Where should I set up an account? What type of leverage should I use? And how do I go about tying my REAL account into this Meta trader program?
This system has been amazing with my demo account and I'm really anxioius to start using it with my savings, but I can't help but feeling like I'm a little over my head.
Plz help!