Hi Independent Investors
I am somewhat new to Forex trading. I have quite a decent knowledge about trading currencies using different books. I have learnt how to open a position and close it and did research about the tools used in trading such as limit orders, stop losses, guaranteed stop losses. I have traded using demo account with City Index and did alright placing few trades. I did not use any indicators or any strategy whatsoever. Trader am I or a gambler, I donít know about that!!!
Is that all it takes??? Am I ready to start trading live account now? Is there anything else I should learn before proceeding to the next stage?
Thanks in advance for your feedback
Happy New Year