Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the best way of trading after taking the simulation?

best simulation taking trading
0
Posted

What is the best way of trading after taking the simulation?

0

At the beginning we recommend “paper trade” (Fake money) only. Using paper trade, real time data and charts along with the trading platform (Students chooses the kind of platform to trade in) in simulation mode will give student invaluable experience and confidence without risking any real money. Next we suggest that students only trade with one e-mini contract. This will get new students accustomed to placing live orders and increase their confidence level. Students should gradually increase the number of contracts only when they gain more experience. Lake of patience in this area can be a big mistake made by novice traders.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123