Are you ready for real forex account?

I’ve read like million times the advices of text authors which propagate that you should keep yourself for 1-2 years on demo account before switching to the real. Brokers and financial institutions which offer forex courses keep saying more like in parrot manner: don’t switch on real account right away, you should come to our course and practice for a year and then you’ll be ready for a real account. Of course, all of them charge over 2000$ for quality forex courses. But you need to ask yourself one question: is it really like that? To make it more clearly, I’ve passed a lot of those courses and spent a specific time on demo account before switching to a real one. But I haven’t actually followed any of those that advised that I need to practice for two years first before switching to a real account. I switched to it rather fast and haven’t felt sorry for it.

To make it more clear for you, if you split 2000$ in 10 smaller accounts, you’ll actually learn like ten times more than paying the same amount for the forex course. My advice goes like this: don’t invest in the educators, invest into yourself – especially in these times when the brokers offer account opening with a deposit less than 100$.

Take the next situation in mind: you practice for a 3 months on demo account and do the reading everything regarding forex in the way, and you open up a real account with the deposit of 100$ to test your discipline, strategy, control the emotions, and you end up actually seeing how well you do the trading with a real money. Am I right? Course educators are trying to persuade you that you’re actually not ready for it and ask 2000$ to invest in the forex course, and I don’t see the reason why you shouldn’t feel the real experience of a forex trader with 100$? You wont make a millions but you will learn a lot for sure

You might also like

Trading With Forex Micro Accounts Forex Micro Account If you using demo account over one year it's time to make some changes. No matter...

MetaTrader 4 Indicators on other Broker Platforms I’ve received a few emails regarding the use of indicators for forex superb scalping strategy. Many...

How Much do You Risk per Trade? There is a lot of talk about how much you should risk per trade. It's very important part of every...

Why is so important to open more than one forex account? You’ve probably had a chance to read the interviews of professional traders and how every one of them...