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trading basic
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Mohammadi

Member Since Aug 11, 2017  630 posts Mohammadi Sep 22 2018 at 08:52
Only trading knowledge can help us in this market place to lead a comfortable trading life with certainly, so pass a long time in here with regular practice. Hope everything will change.

lucyroberts123

Member Since Sep 21, 2018  6 posts lucyroberts123 Sep 25 2018 at 08:01
Bacis knowledge is important in the world of forex market. for beginners, they need to learn forex trading and with the basic knowledge they can put a step or can place their first trade.

blackRichie

Member Since Sep 06, 2018  6 posts blackRichie Sep 28 2018 at 05:45
SAFXEater posted:
But you cannot get the same emotions with a demo account. I prefer a micro real account to learn on
That tends to be true for a lot of traders. But since demo account trading is important I think it is better to first try trading live on a micro account like you said and after that if you're good you should probably move on to a bigger account.

Imamul

Member Since Aug 09, 2017  400 posts Imamul Oct 03 2018 at 06:51
That’s really true, knowledge is power house of trading success! In addition, knowledgeable traders are also able to identify the difference between a good and scam broker! But honestly, broker plays a strong role here! No one can success here without a good trading broker! Whatever, novice traders should concentrate first on their learning process than broker!

Mohammadi

Member Since Aug 11, 2017  630 posts Mohammadi Oct 03 2018 at 08:25
I have seen according to my trading experience the traders who are particularly new Forex trader or part timer always try to depend on scalping approach that brings profit in a short time. scalping brings profit very rapidly but this approach make them loser ultimately because it contains huge risk.

yellowman94

Member Since Oct 09, 2018  41 posts yellowman94 Oct 12 2018 at 05:59
To learn the basics of trading, start with demo account where you’ll be able to trade on real life like situations risk free.

EddyEdgardo

Member Since Aug 21, 2018  11 posts EddyEdgardo Oct 12 2018 at 10:05
I use my demo account all the time for new strategy forward and backtest. It is best for new and advanced users. why waste money on real when demo is free to make mistake!

Mohammadi

Member Since Aug 11, 2017  630 posts Mohammadi Oct 16 2018 at 13:08
exactly, learning good knowledge from at any good books cannot bring good result when trading if you don't have much practice in trading .  learning with regular practice , its a real combination in this Stock market.

Sevinj

Member Since Oct 16, 2018  8 posts Sevinj Oct 16 2018 at 14:16
real account is not a waste. How you know what it is really like to trade unless you have money on the line. I did well on demo and then went to real and it was so different. I had to learn all over again

WiktorM

Member Since Oct 03, 2018  5 posts WiktorM Oct 17 2018 at 07:07
Imamul posted:
That’s really true, knowledge is power house of trading success! In addition, knowledgeable traders are also able to identify the difference between a good and scam broker! But honestly, broker plays a strong role here! No one can success here without a good trading broker! Whatever, novice traders should concentrate first on their learning process than broker!

That's actually true without knowledge it is not possible to get success in the forex world so it is better to focus on learning first, then look for a reliable forex broker as it is also equally important.

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