Imamul posted: Demo trading the first of trading in Forex , but Honestly speaking I have never used this trading place when I was a newbie. Because I was bored in here. I studied in Pips School and besides this i was in live account with small balance. It worked greatly instead of demo account.
How did that work for you? Are you now profitable?
I never really learnt that much from demo account. I only started learning and taking trading seriously when I used a micro account. I suggest that new trader move on to a real account as soon as they can
Mohammadi posted: i was profitable in demo with this trading approach but didn't get same result when starting real account.
ok profitable in demo. May i know is it system wise demo or 5000 & 10000 usd demo. if you use large account in demo then real is like that type of demo. I think we use as careless. We want to invest 100 or 500 usd and we use 5000 or 10000 usd. How it will workable. You have to use demo as real. That is if you want to invest 100 then demo is 100usd ok.
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.
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