Quote:
Originally Posted by Joe Doe
My first test run... lost $1,700 in 5 minutes! Well done!
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Sounds like my first attempt.
I played through oanda.com but from the start I tried to pretend it was real money... I still did some bigger trades that were more risky but generally I was fairly conservative. The downside was that to earn even $100 I'd have to do a bunch of small, conservative trades which would consume several hours. Doesn't seem worth it.
I never did start with real money since my local currency isn't USD... any gains could end up half wiped out when I convert to AUD.
Being able to experiment with play money is great because you can see how quickly things go red. Keep at it, but don't get overexcited and forget that one day it could be real money you're losing.
