I have seen many beginner traders so confident in their trading skills that they were in rush to put $1000-2000 dollars on their new Forex accounts just to lose it all in few weeks time. Those who were fortunate enough to stop before losing the entire account, got many fears to deal with and a damaged self-confidence.

What a losers! They were driven by the greed to start earning big money with their new accounts, instead they paid the price for their greed. The first Forex trading lessons are very costly; those who don’t know that, will pay too much to learn the truth.

Many factors come in play once a trader opens his first real account. Trading real money is challenging. When you have a lot to lose your level of nervousness and restlessness doubles and triples; and for unlucky ones it sky-rockets.

Save yourself a couple of thousand of dollars, kill your greed and a will to start making big money right away. Actually, it won’t happen anyway.

Open a small tiny-puny Forex account with, say, $250 dollars. That’s enough; believe me, just perfect to start with. Trade the smallest lots available. Not only your mind will be calm and you won’t be worried about losing some pips, you would practice and learn trading lessons for free! (Almost).

If you manage to make a couple of dollars on top – that’s awesome! Practice this way for at least 3 months, my friend. If you good at it, then add another $100-200 dollars, and practice for a month again. Add funds in steps, so you get comfortable with the responsibility you take and, plus, over time you’ll be gaining confidence about the trading methods you use.

With such simple approach you won’t pay thousands to learn how to trade and lose in Forex, because, I promise you, you will start with a losing streak once you are in the real money world. Money is evil, in every way you look at it, even when you wan them to work for you.

** Forex Dark Lord **

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