I trade on a demo account now. I think I’m not ready to trade on a real account yet. I think I need to trade on a demo account because I feel I need to practice more strategies, try various approaches in trading. I don’t want to speed it up cause I’m afraid of fatal consequences. I think I will trade on a demo account for three months more and then I may consider shifting to a real one.
LukeRachel
Member Since Mar 16, 2021
477 posts
Jan 28 2022 at 16:03
Pengus posted:Trading is easy but risk is manageable. Trading cannot be done without risk management.
I trade on a demo account now. I think I’m not ready to trade on a real account yet. I think I need to trade on a demo account because I feel I need to practice more strategies, try various approaches in trading. I don’t want to speed it up cause I’m afraid of fatal consequences. I think I will trade on a demo account for three months more and then I may consider shifting to a real one.
Tradelist45
Member Since Jun 26, 2020
301 posts
Jan 29 2022 at 07:17
trading is demo really important but besides this i think it is more important trade in a micro account.
WaltonCharles
Member Since Mar 21, 2021
144 posts
Jan 30 2022 at 18:11
Pengus posted:Wish you all the best for your future.
I trade on a demo account now. I think I’m not ready to trade on a real account yet. I think I need to trade on a demo account because I feel I need to practice more strategies, try various approaches in trading. I don’t want to speed it up cause I’m afraid of fatal consequences. I think I will trade on a demo account for three months more and then I may consider shifting to a real one.
Hi Roger .
As others have stated start off on demo .
Use proper money management
Never risk more than 2% per trade and good luck 👍
As others have stated start off on demo .
Use proper money management
Never risk more than 2% per trade and good luck 👍
Knowledge and skills are key. Without knowledge and skills, no one has ever been successful. He will eventually lose any big profits he makes if he is lucky.
Willowerno
Member Since Jun 19, 2020
38 posts
Feb 04 2022 at 06:00
Forex trading is full of opportunities, but the opportunities come with several risks as well, which most traders fail to acknowledge. If you are new to forex trading, then you should take every step with great caution. Don’t risk more than 2% of your total capital and implement risk management strategies to minimize losses in case of an unfavorable trade.
blareblare20
Member Since Jan 15, 2022
4 posts
Feb 04 2022 at 15:11
Trading is a business and incurs expenses, losses, taxes, uncertainty, stress, and risk. As a trader, you are essentially a small business owner and you must research about the important thing like the techniques, and you should identify the [url=https://www.brokersview.com/news/what-is-the-best-leverage-ratio-for-forex-beginners-778]best leverage ratio for forex beginners[/url]. Strategize to maximize your business's potential. Anyone who wants to become a profitable stock trader need only spend a few minutes online to find such phrases as 'plan your trade; trade your plan' and 'keep your losses to a minimum.'
Demo trading can be one of the most easiest way to get into forex trading so that you can get to know how to trade easier and accessible.
For a beginner, the most important thing is to pay attention to learning. At least, when I started using the broker for work, I studied on a demo account.
Hey, welcome to the forum. Learn and practice on a demo account before starting with real money. The difference will be that you won't lose real money if you fail to make a good trade.
rogelio11 posted:
hi. I'm Rogelio. u can call me roger.
I'm new to forex trading.
i got about less then $1000. i want to find the best place to invest.
any recommended forex managed accounts i can add cash in?
also if i want to use my own forex trading account. which forex EA is best to use for newbie traders like me?
I see you opened this thread almost 12 years ago! What’s your current situation bro? What are you doing right now?
writhehaircut
Member Since Feb 21, 2022
9 posts
Mar 02 2022 at 11:04
Akasuki posted:rogelio11 posted:
hi. I'm Rogelio. u can call me roger.
I'm new to forex trading.
i got about less then $1000. i want to find the best place to invest.
any recommended forex managed accounts i can add cash in?
also if i want to use my own forex trading account. which forex EA is best to use for newbie traders like me?
I see you opened this thread almost 12 years ago! What’s your current situation bro? What are you doing right now?
I bet that Roglio gave up forex trading after losing his $1,000 1 month after starting this thread
forextrader777
Member Since Jan 16, 2021
133 posts
Mar 02 2022 at 12:17
writhehaircut posted:Yeah can be!Akasuki posted:rogelio11 posted:
hi. I'm Rogelio. u can call me roger.
I'm new to forex trading.
i got about less then $1000. i want to find the best place to invest.
any recommended forex managed accounts i can add cash in?
also if i want to use my own forex trading account. which forex EA is best to use for newbie traders like me?
I see you opened this thread almost 12 years ago! What’s your current situation bro? What are you doing right now?
I bet that Roglio gave up forex trading after losing his $1,000 1 month after starting this thread
rogelio11 posted:
hi. I'm Rogelio. u can call me roger.
I'm new to forex trading.
i got about less then $1000. i want to find the best place to invest.
any recommended forex managed accounts i can add cash in?
also if i want to use my own forex trading account. which forex EA is best to use for newbie traders like me?
According to your budget its better to not doing anything and invest in your trading skills
winning_trades
Member Since May 31, 2021
48 posts
Mar 02 2022 at 14:27
writhehaircut posted:Akasuki posted:rogelio11 posted:
hi. I'm Rogelio. u can call me roger.
I'm new to forex trading.
i got about less then $1000. i want to find the best place to invest.
any recommended forex managed accounts i can add cash in?
also if i want to use my own forex trading account. which forex EA is best to use for newbie traders like me?
I see you opened this thread almost 12 years ago! What’s your current situation bro? What are you doing right now?
I bet that Roglio gave up forex trading after losing his $1,000 1 month after starting this thread
Or might he attained the goal! Ultimate goal 😁
Zander09Arie
Member Since Jan 13, 2022
18 posts
Mar 05 2022 at 07:32
Welcome, if you are new then it is important to take baby steps and do not run after profits. Most importantly, focus on learning.
The good thing about some traders is that they know their limits. They don’t want to take unnecessary challenges. Neither do they wish to lose their peace of mind doing something that is beyond their understanding. They make use of demo accounts to understand the market and check different strategies until they are sure about moving ahead.
rogelio11 posted:Nice to see, you have such a long time trading experience! What you are doing now bro?
hi. I'm Rogelio. u can call me roger.
I'm new to forex trading.
i got about less then $1000. i want to find the best place to invest.
any recommended forex managed accounts i can add cash in?
also if i want to use my own forex trading account. which forex EA is best to use for newbie traders like me?
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