Podcast Ep.18 - Would you trade in front of other people?


I've traded stocks in the past, but I'm not natively a stock trader. In my 1000$ account trading class, I will and that will be a true test of my ability using the same principles growing my Forex account to trade stocks! I've been asked several times: should you focus your attention on one financial instrument or should you trade a bunch of instruments? More and more I'm thinking that it's nice to have something in your pocket. 

With this class, I'll trade in front of other people. Do you think trading in front of other people changes your way of trading? I have experience in this and I have my answer.

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.