Learning and earning

Oct 08, 2017 at 06:48
7,112 Views
213 Replies
Member Since Apr 09, 2019   9 posts
Oct 22, 2019 at 14:13
AnthonyWins posted:
Any approach to get the desired experience is right. However, it is very important not to stay only inside the demo account, but to look for the opportunity to gain knowledge and update it.

It is important not to stay at all inside the demo account. A real money trading account can't be compared with a demo account. 'Money Management' remember? People missing the point of it if they are using a demo account. If you buy something it means somebody selling these shares to you. If you doing it in a demo account it means another person buys the share and that person might have a different idea when to sell them as he/she using a different strategy. If you are using the strategy on a demo account it means
 the market did not digest your money, it means the strategy you will use with real money is flawed.
onebox@
Member Since Oct 22, 2019   8 posts
Oct 22, 2019 at 15:03
This is what happens to most of current trader.
They see youtube video, simple EMA line, and execute action.
this is nonsense. Im trully sorry, but trading in forex needs 3 months minimum to learn. What makes it so long? accotuming to news. you have to find a good time to trade on sepecific pair. Because no all pair can be traded on the same time.
correct me if iam m wrong. Hope you guys doing well :)
Never stop learning from strangers.
Member Since Aug 09, 2017   785 posts
Oct 24, 2019 at 10:03
every profit depends on market movements It’s not countable at all by our trading accounts. I was profitable when I started my live trading with 1K. but I did huge loss when I increased my balance in 2.5K but there was same strategies with same money management.
Member Since Aug 11, 2017   886 posts
Nov 21, 2019 at 07:18
as a newcomer , learning Forex now already easy actually because many source we can learn and read from these sources , yes Baby pips is almost popular website among trader to learn Forex on school tab section , but also will very important while learn on theory also use demo account to practice .
Member Since Oct 24, 2019   45 posts
Nov 24, 2019 at 12:49
The better you learn the more you earn , trade with demo trading account though demo account trading is not realistic enough as you are not using real money and you don't have any emotional connection with the money because its dummy and it dosent matter either you loose the amount but if you have some money in the liv account you have actual emotional connection you have a feel how market goes but still I would suggest to start with demo account because it will build your decision making power once you master in it you can go with real money.
Revenue is vanity, profit is sanity, but cash is king
Member Since Nov 25, 2019   9 posts
Nov 25, 2019 at 13:09
you can learn from demo but emotions problems are better dealt with on live account.
Member Since Aug 11, 2017   886 posts
Nov 26, 2019 at 07:27
A successful trader is a trader who is able to predict the market with certainly, and he never trade at all with his emotions. Every successful trader obviously has a long term experience in this market and he never give up at all after unfortunately loss.
Member Since Aug 27, 2017   994 posts
Nov 26, 2019 at 15:10
saturdayresearch posted:
you can learn from demo but emotions problems are better dealt with on live account.

No way to ignore this point; this is why new traders need to start their live trading with a small amount of money!
Member Since Aug 09, 2017   785 posts
Nov 27, 2019 at 14:02
as a newcomer , learning Forex now already easy actually because many source we can learn and read from these sources , yes Baby pips is almost popular website among trader to learn Forex on school tab section , but also will very important while learn on theory also use demo account to practice .
Member Since Aug 11, 2017   886 posts
Jan 02, 2020 at 15:17
learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme
Member Since Aug 27, 2017   994 posts
Jan 02, 2020 at 20:18
Mohammadi posted:
 learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme

It’s a long term process & new traders need to spend enough sessions in demo! There is no shortcut way! I used my demo almost 18 months!
Member Since Aug 09, 2017   785 posts
Jan 03, 2020 at 17:47
The beginner should use demo account minimum for three months, sometimes many brokers organize demo contest with real money prizing. Newcomers can join here. It could be great to acquire real trading exeprince.
Member Since Dec 23, 2019   11 posts
Jan 08, 2020 at 11:26
Both are equally important. If you haven't learned how to trade then no amount of practice will help you and vice versa
Member Since Aug 11, 2017   886 posts
Jan 15, 2020 at 16:14
practice and learning ,
 its a combination
which is really important for the traders who are particularly beginners.
Member Since Aug 09, 2017   785 posts
Jan 15, 2020 at 17:04
as a newcomer , learning Forex now already easy actually because many source we can learn and read from these sources , yes Baby pips is almost popular website among trader to learn Forex on school tab section , but also will very important while learn on theory also use demo account to practice .
Member Since Aug 09, 2017   785 posts
Jan 16, 2020 at 11:40
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme
Member Since Aug 09, 2017   785 posts
Jan 23, 2020 at 09:42
learning Forex now already easy actually because many source we can learn and read from these sources , yes Baby pips is almost popular website among trader to learn Forex on school tab section , but also will very important while learn on theory also use demo account to practice .
Member Since Oct 29, 2022   1 posts
Oct 29, 2022 at 08:27
Even if there are numerous resources available, such as pips school, learning about forex trading is not simple.
Member Since Jul 23, 2020   869 posts
Oct 31, 2022 at 09:13
Once traders can recover from their mistakes, it remains as a good knowledge in them. Follow a certain educational program which can probably help you recover our mistakes.
Member Since Aug 05, 2021   401 posts
Nov 01, 2022 at 17:33
So many beginners are in a rush. I've seen some that needed money quickly for food or medical reasons and they believe trading will help them get that money quickly when they have little to no knowledge. It just isn't a quick solution - it takes time and effort to get there. Learning should always come first before you even think of making money.
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