Post
Topic
Board Trading Discussion
Re: Husband does not want me to Day Trade BTC but it works well for some, right?
by
Tejsei3
on 02/05/2013, 14:00:28 UTC
What about running simulated trades for a day, a week, a month?

It's pretty common advice for anyone entering trading to work on a demo account for a few months before moving to live trading. There are real differences in psychology between a simulated trade and a live trade, but practicing your analysis and evaluating the quality of your decisions with 0 risk seems like a no-brainer.

Here is an article on setting up a forex trading journal: http://www.learntotradethemarket.com/forex-trading-tools/a-forex-trading-journal-to-track-your-trading-performance

Hope this helps. This is a great conversation.