July 8th Forex trading practice report
So I’ve started a new demo account in order to demo with $5000 instead of $50,000. I started the $5000 demo account yesterday. I think I might be able to come up with $5000 to fund the account once I’m ready to live trade. I have contacted someone I know and have explained my plans and they have agreed to think about providing me with the money to fund the account. The only thing I need to do now is investigate FXCM more thoroughly because that’s where I’m planning to open an account. I need to find out if their demo trading system is in any way different from their live trading platform. I understand some of these companies try to trick you by setting up their demo to deliver generally good results.
|PnL||Profit/Loss of Trade||1,241.97|
|MargInterest||Interest on Usable Margin||0.00|
As you can see I have managed to increase my account value by 1240.27 in 2 days. Wouldn’t it be fantastic if I could have the same results once I begin to trade live?
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