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Importance of demo trading
trong
Nhà giao dịch mới
Sep 03, 2018 at 07:08
It is true that demo trading cannot help you in earning any real money but that is not the purpose of it. It is meant for learning real trading experience which will help you immensely in making real money when you go live.
What do you wish to achieve through forex?
trong
Nhà giao dịch mới
Aug 21, 2018 at 07:24
Don't we all wish that? Living the beach life😁
How long on a demo account
trong
Nhà giao dịch mới
Jul 17, 2018 at 11:36
Demo account trading is not a race. Take as much time as you need and carefully learn how to trade. Don't compare yourself with others, especially if they take less time than you. This is the lerning phase. The longer you spend here the clearer will be your basics. however, let me tell you that for advanced learning there is nothing better than live trading. So take you time on demo and when you have gained enough confidence and skills open live acc, preferably a micro a/c and start trading there.
Is demo trading enough before real account?
trong
Nhà giao dịch mới
Jul 17, 2018 at 11:34
Rightly said. It is very important to factor in the effect of real emotions on our trading styles and results. Demo trading is a beneficial tool for testing strategies for both newbies and veterans but only if you trade like you are trading live. Not easy, but certainly very much essential. Otherwise it won't be of much use.
Forex is profitable ?
trong
Thông tin chung
Jul 16, 2018 at 10:52
Yep! There's all this noise you'll hear about forex being profitable. It makes everyone believe that anyone can succeed here no matter what. But the hard truth is that only a very small percentage of people can be profitable here, those with the right combination of knowledge, skills, experience, dedication, discipline, patience, hard work and sharp trading instincts!
Risk and Forex
trong
Nhà giao dịch mới
Jul 16, 2018 at 10:52
If you are venturing into forex then there is no chance that you can avoid risk at all. Prices can fluctuate very much during he trading session. So you need to keep you eyes and mind open at all times. However you can guard yourself against the risk element by employing good trading strategies and risk management plan. Manage your money and risk well.
scalping is risky ?
trong
Thông tin chung
Jul 05, 2018 at 12:39
Rightly said Noah Martin! Scalping is risky when done carelessly. Adequate risk management is very crucial alongside money management.
Can forex trading make you rich ?
trong
Thông tin chung
Jun 07, 2018 at 12:23
very much!! ;)
Can forex trading make you rich ?
trong
Thông tin chung
Jun 07, 2018 at 12:22
Yes very rightly said! A bit of luck can work wonders not just in forex trading but in any profession or job. Can you share any personal experience where luck played an important role in forex trading? It'll be interesting to know. :)
Can forex trading make you rich ?
trong
Thông tin chung
Jun 06, 2018 at 06:55
Yes and no. It will depend on how well you trade, your experience, forex knowledge, strategies, risk appetite, persistence, alertness, etc.
What do you wish to achieve through forex?
trong
Nhà giao dịch mới
Jun 03, 2018 at 06:04
Well, most of all and primarily money and more knowledge about forex markets that would help me with better trading strategies.
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