There is no shortcut for practice, whether that is on demo, or a small live account.
Education and learning are important, but once you have the basics there is no replacement for trading practice, as this is what will really develop your skills and understanding, when you spend time on the charts.
long time experience is a complicated issue , by passing long time no way for all time to ensure long term experience, on the other hand by maintaining real trading discipline within very short time , thee is a chance to get rich experience on trading.
Imamul posted: in trading how much time you have passed for practicing , its not a deal , the main deal is how was your effort when practicing.
Professional investors will never stop learning. What works for one person on a Monday, may not work for the same person on Tuesday.
The markets changes constantly and as such professional investors understand that their trading system must be able to adapt to this changes as well.
Automate those tasks which are easily automated.
And for those tasks which you determine cannot be fully automated for your strategy, then you must practice and master those items until you feel comfortable with your skill set for trading on a live account.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Foreign currency exchange may seem to be very limited definition of forex. No trader can simply think of earning money within his financial capacities if he can’t manage his funds according to trading knowledge and skills of him. But today traders are now receiving access to many learning tools. However, yes, before a trader can go with any trading method he must recognize whether he is able to make best out of it.
In my knowledge its lifetime learning process. Every time here u learned new new things and system. From here you can earn millions so keep in mind how much time you should give to earn those. Its not a hard work at all. But need to stick in one plan and proper money management also.
It's a new world, it's a new start It's alive with the beating of young hearts It's a new day, it's a new plan I've been waiting for you Here I am....
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.