STEP 6
BEGIN BUILDING A PERFORMANCE RECORD
Now, you should be fully accustomed to all the tools available to you and also have a reasonable knowledge and understanding of the markets. Now it is time to start afresh and open a new Free Demo account, from the 'open a demo account' box in the member's area. The reason for this is so you can now trade from a starting point and monitor your performance as you should have ironed out some of the mistakes you were making. Once the demo account is open, you should also open a new Risk Management spreadsheet, inserting the new demo account balance into the "Starting Account Balance" field within the sheet. You should now begin trading on your demo, using all the tools to your disposal, ensuring you risk manage every position, using the sheet properly. You should begin to see the results now, and see your demo account balance beginning to grow.