Learning Forex Trading
Member Since Aug 16, 2021
9 posts
Aug 16, 2021 at 09:58
But how valuable is demo account if you do not care about losses of virtual money. It surely cannot help teach you
Jan 08, 2022 at 14:36
LyudmilLukanov posted:Without an education in trading, making money is not feasible. It requires a deep knowledge about the markets. The majority of newbies commit the error of not paying attention to studying. They get focused on earning instead of studying. They lose funds on a constant basis.
Knowledge is the key to success in trading. So, focus on learning.
Jan 12, 2022 at 08:52
Here everything depends strictly on you actually. Nowadays tradesr can start their trading career with 10$ however it depends on the broker and the conditions which it offers. The vst majority of brokers use 100-200$ of minimum deposit just because this sum i enough to boost. If you will comply with risk management practices ( I hope you will), then you have to open deals with 5% of your total deposit. If you will deposit 200$ fpor example, then opening a position with 10$ will be enough for you to learn how to trade and how to earn money here. Everything is much more difficult in case you don't have this sum of money.
Member Since Jun 26, 2020
327 posts
Jan 13, 2022 at 08:06
as part of learning demo is important for ensuring all basic knowledge but i dont like to trade in there , because there is no real money and we cant focus on there consistently , so i think micro account is the good solution,.
Member Since Mar 17, 2021
536 posts
Jan 13, 2022 at 20:07
Unellene posted:Yes. Proper practice can make a trader successful.
it is best to learn from your practice and analysis of all your trades, so as not to waste extra time and money on third-party resources
Member Since Sep 14, 2020
12 posts
Feb 05, 2022 at 12:15
Practice is the best way to learn it. I noticed that I learn faster when I trade more. Yeah, I still trade on a demo account but hope to shift to a real one soon. I remember when I read articles and watched guides from gurus I felt that my pot was boiling and I went crazy. It’s much better to trade and learn from your own mistakes.
Member Since Jun 12, 2021
132 posts
Feb 07, 2022 at 07:56
for practice in a proper way we the traders should go in a demo account even though traders dont believe the importance of this trading place at all.
Feb 14, 2022 at 11:31
I think the mindset of the OP is exactly why so many lose money. Why are you even thinking about it yet? If you started med school are you thinking about which blade you're using to make a cut on day 1 or understanding why you need to make the cut in the first place?
If you can't spot the liquidity then you are the liquidity.
Member Since Aug 10, 2021
176 posts
Feb 15, 2022 at 02:20
Forex trading has become the most popular alternative because of the ROI (Return On Investment, or the value of the investments we have planted), and the profit to be gained can far exceed the average trade in general. In order to achieve the highest return possible on the market and to achieve success at the same time.
Feb 16, 2022 at 04:57
With proper learning, one can get the right, and profitable mindset to become a successful trader. One should know what the market is doing, and by knowing that they can understand which direction it might turn. This will allow a trader to buy low and sell high.
Member Since Oct 29, 2021
70 posts
Feb 28, 2022 at 05:31
A forex trader has to be focused, disciplined, and knowledgeable. It might seem easy to buy and sell currencies but what causes the biggest trouble is determining the right time to do so.
HeavenLeighGill (HeavLeighGill26)
Member Since Aug 05, 2021
401 posts
Mar 01, 2022 at 17:19
Depends. Some brokers will allow you to open an account with $5 but I'd suggest depositing a lot more than that.
Member Since Jun 26, 2020
327 posts
Apr 05, 2022 at 08:02
as for learning demo is the first basic after finishing pre school level , but we traders don't believe the importance of demo at all and trade here at random for all time, that's why sometimes i prefer micro account instead of demo after finishing baby pips school.
Member Since Jun 26, 2020
327 posts
Apr 07, 2022 at 08:55
We always advised by the senior traders and experts just for learning. but I think we the newcomers have to practice trading besides learning process. Demo account is more appropriate for them and as a learning Process newcomers can depend on Pips School.
Member Since Jun 26, 2020
327 posts
Apr 08, 2022 at 08:34
for learning demo experience sometimes doesn't work in really account, its really true. but that not mean , it is useless. beginners level of course minimum have to spend 3-5 months in here to ensure live trading experience.
