am i ready?!

start live with forex
why? because you can go live with 200 usd as initial deposit. after that you can trade with 5-10 usd.
whenever i blow my account which happens regularly i put 10 usd and trade.
Also forex market is 24 hours so you can do a job and then trade for another 4-5 hours if you are day trading..
trade the smallest lot.

 

Try to beat the index and see how far you get. The market needs traders like you. You may not have a home to go to...

 

Why misguide the kid let him get real job to live and then let this be a side investment focus to grow his account bit by bit. imo, as a retail person You either invest in financial markets or wasting your time there is no cover expense bullshitt forex aint gonna give you fix income each month to cover your expenses .

 

forex is the best market to learn because you can trade with 5 usd also you can trade when you feel like because it is 24 hours

 

So it seems this is an option thread not Forex

 

before you learn how to shoot, how can you aim for anything: you may shoot yourself in the foot!.
every single professional trader has said it took them 7-10 years to start making money regularly.
No one has ever said that i started trading and started earning my living after 2or 5 months
it takes 10 years to become a doctor 5 to become an engineer so it should take that long to learn to trade, if you do it full time.
to do anything well takes commitment....are you committed enough to stay the course?

 

i am assuming he wants to learn trading and is not already an expert

 

I think those 400:1 leveraged FX accounts are obsolete now - and for good reason. I'm certain they are shut down in the USA and Canada.

 

no they are not shut dow

and they are an opportunity because of those leveraged account i can afford to trade. I am a beginner trader even after ten years so trade 10 usd at a time.

Because of those highly leveraged accounts anyone can trade not only the rich like before.
because i can trade with 10 usd,i can enjoy my passion.
i am not trading for a living but not everyone wants to trade for a living:i was an amateur golfer for 25 years i never was good enough to turn pro but i still enjoyed the game every single day.
i am not bothered that i cannot trade for a living but i can still enjoy trading only becuse of leveraged forex accounts

 

i disagree with you there is NOWAY someone makes 200% a year its a DREAM not realistic