If you’re going trade, TRADE WITH REAL MONEY!!! Whatever your experience level you will make it as a successful paper trader. If you blow out the demo account, no problem just start out again fresh and new. The number one trait that you need to survive as a trader is discipline and money management. The feeling of anxiety, expectation and fear is something you will only really experience when you put your own hard earned money on the line. That’s not to say paper trading does not have its uses, where better place to start for someone completely new to trading. It’s a great place to learn the ropes and develop your strategies. If you want to see if you will really make it as a trader you will have to take the leap and trade for real. If you’re new to the game take lower risks and buy fewer contracts; being able to control your emotions in the real market will be your biggest test. No matter what your level of experience is ALWAYS USE A STOP-LOSS!!! Good Luck and Happy Trading.
