Gareylinn509 posted:Anoxiare posted:Gareylinn509 posted:UweMoench posted:
To become an expert in trading we need to practice a lot in demo account also we need to read the e-books about trading this will help us to improve our trading knowledge then we have to make our own trading strategy then i hope we can become successful of expert in Forex trading.
Is using a demo account really that necessary? I mean everywhere I see people keep talking about it.
I don’t think it is about the importance of it. Demos are just for practice. Didn’t you start with them in the beginning?
I did use them but not for long since I got pretty bored soon.
That’s understandable. I used demos for about 7 months before going live with Fxtm and Turnkeyforex. My mentor advised me to practice on them before stepping into the real world of forex. It actually worked alright for me and I know that demos are not as good as live accounts, but they do serve their purpose.
perryjohn765
(perryjohn765)
Member Since Sep 12, 2017
149 posts
Mar 09 at 09:03
Anoxiare posted:Gareylinn509 posted:Anoxiare posted:Gareylinn509 posted:UweMoench posted:
To become an expert in trading we need to practice a lot in demo account also we need to read the e-books about trading this will help us to improve our trading knowledge then we have to make our own trading strategy then i hope we can become successful of expert in Forex trading.
Is using a demo account really that necessary? I mean everywhere I see people keep talking about it.
I don’t think it is about the importance of it. Demos are just for practice. Didn’t you start with them in the beginning?
I did use them but not for long since I got pretty bored soon.
That’s understandable. I used demos for about 7 months before going live with Fxtm and Turnkeyforex. My mentor advised me to practice on them before stepping into the real world of forex. It actually worked alright for me and I know that demos are not as good as live accounts, but they do serve their purpose.
thats actually wonderful and the correct way to proceed. one needs to be familiar with the demo.
tiahshermack
Member Since Dec 23, 2020
15 posts
Mar 12 at 12:09
You cannot become an expert at forex trading if you don’t use risk management and money management. These skills can make a significant difference in your trading career.
Exactly there is no short cut to learning. Most people try to learn it in 3 months. They are not ready to spend long time for learning. They think it's waste of time. As a result they lose money again and again.
SofieAndreasen
Member Since Jul 23, 2020
349 posts
Mar 25 at 13:22
Tremblay posted:
Exactly there is no short cut to learning. Most people try to learn it in 3 months. They are not ready to spend long time for learning. They think it's waste of time. As a result they lose money again and again.
Surely it takes time to learn trading properly. Trader need to be patience.
In order to become an expert, you need to spend a lot of time, several years, it is accurate and constantly to develop and learn.
willisgoodwin
Member Since Jan 06, 2021
6 posts
Apr 02 at 03:47
It is not that easy to become an expert in forex trading and everyone has to work hard to climb up the ladder of success here.
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