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Newbie looking for guidance and support

mitchelmarsh008
Mar 26 at 05:27
21 posts
Marshshaun posted:
I try very hard to manage what I earn but I think I need to enroll into meditation classes. Else I will lose everything very so

Lol. No you don’t need meditation classes. You just need to manage your risks. Keep your risk/reward ratio to approx 1:3. I have managed my risks and money this way only. I get live risk reports from ActTrader and it has many other risk management options too. Apart from, FXTM is also good with managing your risks and having good automated trading features.

WaltonCharles
Mar 28 at 19:15
123 posts
Demo account is the best place to learn. You can test your knowledge in trading for free.

hoagsobject
Mar 29 at 12:33
9 posts
WaltonCharles posted:
Demo account is the best place to learn. You can test your knowledge in trading for free.



I support that. demo is king for learning

Greg Amos (Greggo45)
Mar 29 at 13:52
5 posts
Trading on demo accounts can teach you the mechanics of entering and managing trades, but imho you can't learn money management with a demo account. That requires handling real (and sometimes losing) real money.

ABS - Always Be Scanning!
WaltonCharles
Mar 31 at 13:30
123 posts
Greggo45 posted:
Trading on demo accounts can teach you the mechanics of entering and managing trades, but imho you can't learn money management with a demo account. That requires handling real (and sometimes losing) real money.

Yes. Demo account is the best way to learn forex properly.

Tremblay
Mar 31 at 15:32
330 posts
WaltonCharles posted:
Demo account is the best place to learn. You can test your knowledge in trading for free.

I completely agree with you. Without a demo account it will be quite difficult to learn forex.

suzannewallace
Apr 06 at 09:55
12 posts
No matter who you choose to be your guide or mentor in forex, try to be careful and try not to trust just anyone out there.

SofieAndreasen
Apr 06 at 18:00
571 posts
Practice demo first. Don’t invest money or real trading without proper knowledge.

LyudmilLukanov
Apr 07 at 15:57
547 posts
Try to trade for a while in the demo and learn the proper way of trading.

Tremblay
Apr 15 at 08:53
330 posts
WaltonCharles posted:
Demo account is the best place to learn. You can test your knowledge in trading for free.

Yes. a demo can help a trader to practice and learn many new things.

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