Recent content by DannyG24

I opened what is called a Forex demo account with a broker and it has commodities on there like crude oil. I have been trading it on there for the past week. The broker is avafx. Am I missing something?

Well would I have to trade with margin and leverage? What if I want to just use my own money and not go over what my capital in my account is? I don't want to ""borrow" money from the broker.

Thanks for the advice. I have been doing a demo account for the past week and I don't plan on jumping the gun yet on investing real money. I mean I have so much more to learn first. But honestly, from what I have been doing with the demo is I have just been trading the crude oil in the...

Thanks for the response. Basically my next question is, say I would want to try my hand on this. Obviously I would have to make a big order to make any kind of decent profit on a say 59 cent profit a order. So I would have to basically pay the price for crude oil which is currently $45.32...

I am totally new when it comes to stocks, forex trading and everything. However I have simple basic bare bone question. I'am looking at Crude Oil on the forex market, I mean the price jumps are so frequent and so often. I mean this morning its selling for $43.93 a unit and then it becomes...