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rtv2

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  1. rtv2

    Only Have 5K

    Any on trading Psychology? If not please do. FX can be traded with that amount of money, however 90% traders fail. Have you thought about a mentor? There are loads of them, the trick is to find the right one out of the gazillions of scammers. Question: Have you defined what kind of trader you are? That is, are you Technical Analysis, Fundamental Analysis or a combination of both? If you are only Technical Analysis then MT4 is adeqaute. However if you are a combination of Technical & Fundamental Analysis MT4 is wholly inadeqaute. If you are a combination take a look at the platform ThinkOrSwim, it is nice to have equities, options, currencies and more on the same platform when you trade. If you don't think so install both MT4 and TOS and compare, see any Level II on MT4? TOS will blow MT4 out of the water! Paper trade is a must. You must learn your chosen platform. Why lose money because you don't know the platform? Start here -> Develop your own trading Plan. If you cannot then don't trade, put your money in a "Certificate of Deposit" until you can.
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