Hello Traders,

 

I finally reached enough capital to start, and feel semi-prepared. Now I need experience so this is my plan for that:

 

1) April 10-16 -> Study everyday. Practice TimFundamentals. Re-adjust my body from my overnight work schedule (the week prior would have been my last week, so one week to re-adjust. #caffeine). 

2) April 17-23 -> paper trading week. I feel as if one week for paper trading will suffice, as my main goal with this is to just understand the IB platform and get a little feel of the market place.

3) April 24-30 -> get in the market. will trade very small position (0.5% of my equity per trade.) If i am unable to finish with a profit, I will set two weeks of solid paper trading.

 

 

QUESTION: will i have to convert my CAD funds into USD funds and then transfer that into my Interactive Brokers account, or is there a way to simply transfer my CAD directly into my IB account and trade US stocks?

 

ALSO: how did you guys transfer money from your bank to brokerages? Wire-transfer? 

 

 

Thank you

Ramster