Mohammadi posted: We the traders first of all have to take demo trading seriously for acquire most powerful analyzing fundamental trading knowledge which is very supportive to continue a live trading in a proper way. but practically we the traders who are particularly newcomers don’t believe the importance of this trading place at all. as a result almost 90% traders are loser from here due to lack of exact trading knowledge . so, we have to make sure demo trading continually for become a knowledgeable trader very rapidly.
We the merchants as a matter of first importance need to consider demo exchanging important for get most ground-breaking investigating basic exchanging learning which is extremely steady to proceed with a live exchanging an appropriate way. be that as it may, for all intents and purposes we the brokers who are especially newcomers don't trust the significance of this exchanging place by any means. subsequently right around 90% merchants are washout from here because of absence of correct exchanging information . in this way, we need to ensure demo exchanging ceaselessly for turn into a proficient broker quickly.
Knowledge is the key to success in Forex. There is nobody who can make success from here without knowledge . so we have to emphasis on acquiring real trading knowledge and we can get most powerful analyzing trade knowledge by passing a long time. Otherwise that’s not possible at all.
Don't forget practice. You can have all theknowledge in the world but if you don't practice and know how to apply your knowledge then it is pointless. I find that price can move very different in real life compared to the 'theory'
In Forex trading, we the traders have to be professional if we want to get maximal result from this volatile trading place. and for being a professional trader we the traders have to pass a long time period for acquiring most powerful analyzing trade knowledge which is really supportive to predict the faction of this market with certainly. And besides this also important to keep trading discipline with great money management.
I have been trading for many months and there is still a long way to go. So much to learn and try. techincals, fundaments, risk management. Lots and lots. I try this on demo and it is so difficult to get profit. I'm sure I will get there with time
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.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.