I want to start real trading with stocks (or forex, or CFD’s, or indices), however I am not sure how much money do I need to start. And what is most important? At the moment I have success with online trading demo software…I doubled the 50 000 demo money within 2 weeks by trading gold and indices. And with forex I have made about several hundreds pips monthly. But what is the reality???
Thanks alot
1 responses to Where to start with stocks?
how long have u been demo trading? If i were u i’d trade at least 3 months and demo trade another 3. Then STICK to your trading rules that uve created with real money. The key here is discipline. DO NOT stray away from your rules. If you have zero experience in trading I would suggest to start out in stocks…big boards…. REASON: daily fluctuations are low and they follow technical anaylsis pretty nicely. Then as u get good….u could go into penny stocks….for kicks and giggles….but ultimately i would learn options trading and forex. That’s where u make the real doe my man. Lots of stuff to learn….
and i would stay away from futures. The risks are not worth the rewards…imo of course.
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