It has been said that practice makes a man perfect. Forex trading is no exception to this. If you enter the market without the best possible practice you should confront numerous troubles. For practice you need a demo account that is well synced with live market prices.
Yes, practice gives that required confidence to a trader, which is a big aid for him in the long run. If one has practised and tested his strategies well, his chances of attaining success stand strong.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.