iMusingKiMi
Sergeant
- Messages
- 896
It depends on what your goal is. For instance, if your are looking to try out different strategies and currencies, then even a $100 account would do perfectly well. I know that some people prefer to use the demo account, but in my opinion, if after using the demo account for practice you feel that you still need more practice, then do not open another demo account, but rather a live account funded with a small amount that you are ready to lose bit by bit. This is because live trading is quite different from demo trading in several aspects, and you may need to learn this without risking a lot of money. make sure you trade using micro- lots and keep leverage low to afford yourself several trades.
Great post.