Roberto21 posted: every time is best in Forex trading if you know how to manage money but for the beginners level it is more appropriate to avoid news trading , its too much complicated to predict the real faction of this market with certainly.
true! even sometimes the experienced ones also can miss the move, market is so unpredictable at times
Many traders now come with a lot of theoretical experience and maybe that's why they start working with real money right away. Maybe they think that all the mistakes made by other traders will not affect them. But the big self-confidence is a cruel joke with them. The market is a market and it does not always give positive emotions. Sometimes you experience such a range of feelings, sometimes you are on the verge of losing a lot and it is definitely difficult. And these emotions are felt even by those traders who have been on the market for years. What to say about newbies who come to such a serious business with burning eyes and immediately say goodbye to their hopes that they will succeed here and now.
Imamul posted: before some years ago , demo was the first choice for newcomer, but time has changed right now , beginners kick off live trading instead of demo , but result not actually.
It’s not a good choice as I see! Maybe they can use micro type account after demo; but using the real account so directly is painful!
Yes. Practicing on a demo account is a must. When i started my trading journey i practiced on a demo account for long before moving to live trading. I can’t imagine beginning trading without practicing on a demo account.
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