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Learning and earning
Dec 16, 2018 at 11:28
Mitglied seit Aug 09, 2017
598 Posts
Demo account generally is more appropriate to ensure the basic fundamental market experience which is very supportive to continue a live account in a proper way , but not appropriate to make sure brokers performance but shortly you can understand how the broker works.
Dec 21, 2018 at 11:33
Mitglied seit Jan 14, 2017
35 Posts
Imamul posted:
For me, Forex trading business is the most decent way of money making! That’s way, I have already decided to use this money earning opportunity as my full time profession! Although, I struggled a lot because I started my trading without any teacher! Here, popular forums helped me a lot including this one!
Tell us about any forum (except this one) that has helped you in your education, please.
Mitglied seit Jan 05, 2016
1097 Posts
Dec 23, 2018 at 07:39
Mitglied seit Jan 05, 2016
1097 Posts
Jingyi posted:
yeah broker is important but even with a rubbish broker you a pro trader can make money. Forget worrying about broker and focus on trading
A highly regulated and reputable broker is extremely important in order to protect your investment capital and accounts from fraud and other questionable activities.
Look at it this way, would anyone think it was reasonable to have brain surgery done by someone who wasn't a doctor?
No of course not, if someone needs brain surgery they go to a doctor who specialized in brain surgery.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Dec 24, 2018 at 07:09
Mitglied seit Apr 18, 2017
700 Posts
DonaldB posted:Imamul posted:
For me, Forex trading business is the most decent way of money making! That’s way, I have already decided to use this money earning opportunity as my full time profession! Although, I struggled a lot because I started my trading without any teacher! Here, popular forums helped me a lot including this one!
Tell us about any forum (except this one) that has helped you in your education, please.
Hello, I don’t know his answer; but I see all of the popular FX forums are helpful like; ForexFactory; BabyPips; EarnForex etc.
Dec 25, 2018 at 10:08
Mitglied seit Aug 11, 2017
870 Posts
Managing the risk is a great skill in successful trading, we can’t avoid the demo trading which sometimes teach us how to manage risk. When you trade with high leverage in demo then you ll understand how much risk you have to take in live for avoiding loss. So please remove this immature thinking that demo doesn’t work.
Dec 25, 2018 at 13:25
Mitglied seit Apr 18, 2017
700 Posts
Mohammadi posted:
Managing the risk is a great skill in successful trading, we can’t avoid the demo trading which sometimes teach us how to manage risk. When you trade with high leverage in demo then you ll understand how much risk you have to take in live for avoiding loss. So please remove this immature thinking that demo doesn’t work.
Correct! Basically, new traders need to spend their demo sessions so sincerely; as like same leverage, same capital according to their live trading plan! Then the demo experience will be helpful to the new traders.
Feb 21, 2019 at 09:32
Mitglied seit Aug 11, 2017
870 Posts
as a learning The demo account is the master place for a beginner to acquire all basic fundament information which is very supportive to continue a live account in a proper way. But practically most of the beginners don’t believe the importance of this trading place at all. In my trading career, I use all my trading strategies in demo trading to see the performance how it works.
Mitglied seit Aug 27, 2017
875 Posts
Mitglied seit Jan 23, 2019
9 Posts
Mitglied seit Aug 27, 2017
875 Posts

forex_trader_565984
Mitglied seit Oct 08, 2018
141 Posts
Feb 24, 2019 at 08:59
Mitglied seit Aug 11, 2017
870 Posts
I have seen according to my trading experience by and large traders are extremely dependable on EURUSD which is mainly considered as a bass currency pair in this market place. But I think for increasing trading performance very rapidly we have to trade other major currency pair. Sometime I trade at all major pair in my demo trading to see the performance how it works.

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