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Better to trader forex or futures with small account?
As I understand spread trading futures is: A person finds two futures that are highly correlated. Two different month contracts for the same future. March 15 vs May 15 corn could be example. A person would look at going short on the March 15 corn and going long on the May 15 corn for example. Some person have mentioned doing the same with e-mini SP500 vs e-mini DOW too. From what I was seeing, this would reduce the amount of risk when entering the trade.
Why not start with a $2000 sim account with both Forex and Mini futures and trade as you would with real capital? Then you can see how well you understand the market and are able to manage risk. IMO
curious, is it possible to trade with fake money and believe that it is real. As an example, I have a friend that has a game console with a snowmobiling game. That snowmobile game has awesome graphics, but this game is no match for real riding. Probably not the best example, but the point is there are clear differences between the real and the sim. At the end of the day, the question needs to be asked, how much of a concern are these differences.
how about attending some demo contest competition ? trade fake money for real prize . simply similar of any game console, well you know each game are become serious when it comes compete with others. at this state there's no clear difference either fake or not.
I would recommend getting a sim account at FXPro because they don't cancel your account. You can practice for weeks, months, until you are consistently profitable.
Additionally, I would get a small account with risk money that you can afford to lose. But something that still hurts enough to prevent you from doing crazy stuff.
. simply similar of any game console, well you know each game are become serious when it comes compete with others. at this state there's no clear difference either fake or not.