Let's Talk Trading

Surely, Uncertain and less predictable ! But risk managment takes you towards success and gain.

before some years ago , demo was the first choice for newcomer, but time has changed right now , beginners kick off live trading instead of demo , but result not actually. 

Imamul posted:
before some years ago , demo was the first choice for newcomer, but time has changed right now , beginners kick off live trading instead of demo , but result not actually. 

It’s not a good choice as I see! Maybe they can use micro type account after demo; but using the real account so directly is painful!

Many traders now come with a lot of theoretical experience and maybe that's why they start working with real money right away. Maybe they think that all the mistakes made by other traders will not affect them. But the big self-confidence is a cruel joke with them. The market is a market and it does not always give positive emotions. Sometimes you experience such a range of feelings, sometimes you are on the verge of losing a lot and it is definitely difficult. And these emotions are felt even by those traders who have been on the market for years. What to say about newbies who come to such a serious business with burning eyes and immediately say goodbye to their hopes that they will succeed here and now.

Your results improve every day or not, regardless of the time you dedicate to your trading. Excellent video. Thank you

Adribaasmet posted:

Imamul posted:
before some years ago , demo was the first choice for newcomer, but time has changed right now , beginners kick off live trading instead of demo , but result not actually. 

It’s not a good choice as I see! Maybe they can use micro type account after demo; but using the real account so directly is painful!

Yes. Practicing on a demo account is a must. When i started my trading journey i practiced on a demo account for long before moving to live trading. I can’t imagine beginning trading without practicing on a demo account.

Imamul posted:
before some years ago , demo was the first choice for newcomer, but time has changed right now , beginners kick off live trading instead of demo , but result not actually. 

Right, even I think demo should be the first try.

for newcomers live account can be a dangerous decision,
because they cant control emotions when trading.

Mohammadi posted:
for newcomers live account can be a dangerous decision,
because they cant control emotions when trading.

Newbie should start their trading career by demo practice! Because, it’s very easy to lose trading capital here & in this industry, more than 90% traders are struggling!

I do not understand why people do not start with demo. It is free and you can practice on it. Why risk money when you can use demo. Madness

figfilli posted:
I do not understand why people do not start with demo. It is free and you can practice on it. Why risk money when you can use demo. Madness

Well demo means no slippage, no spread widening and no psychological pressure of losing money. So demo trading means nothing. Demo trading is only good for understanding about trading platform.