make your first trading exchage only
 

Most online forex brokers offer practice accounts that simulate the real trading experience. Instead of risking your hard-earned cash, you can trade using virtual money. The lessons you learn using a practice account are immediately transferable to live accounts, so to receive the greatest benefit, you must treat the practice account seriously and trade as if you were trading real money.
Do this for at least a few weeks and then make an honest assessment of your performance. If you have more losing trades than winning trades, you must adjust your strategies and continue practicing before you open and fund an actual trading account.
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How to Make Your First Trade :

Phil and Danielle discuss the tools you’ll use for your first trade and the type of investment brokerage account options for the new and seasoned investor alike.

In Episode 14 You Will Learn :

1. How to make trades when you don’t have much money to start.
2. How to invest with almost no downside.
3. What are Angel Investors?
4. What is a stock?
5. How an Initial Public Offering (IPO) works.
6. How to buy and sell a stock.
7. What is a brokerage account?
8. Brokerage accounts for the new investor.
9. Paper trading websites.
10. What is a market order and a limit order?