Hello guys if a person is beginner then What should he or she learn from the demo account before he or she start real account in the Forex trading plz share your experience for the beginners.....
Hello guys if a person is beginner then What should he or she learn from the demo account before he or she start real account in the Forex trading plz share your experience for the beginners.....
first of all we should learn how to open trade or close , than we should try make some trading plan for getting profit and we should try some new skills for trading by using basic trading knowledge , i think we can learn this things from demo account , i think we can also gain some experience of real trading from it.
We should learn about the forex market risk and volatile situation trading in the forex market. Demo trading helps forex beginners to learn how to trade in the real account. So traders must need to learn how to trade with discipline in the forex market trading in the demo account before we start real trading account.
Uses and Benefits Broker or brokerage that provides forex demo account is for pembelajran for newbies novice trader master even though in my opinion still need it. usability forex demo accounts and forex trading effective tips for beginners is as pembelajran forex introduction to forex and forex master was to test the latest analysis indicators or master trader.
How open position and how close,how setting different indicator it was learned from demo account.But demo never create a serious trader because it has no economical profit. Every man always want to economical profit.So for serious forex learning we need to open mini or cent account and trade with low risk.
i like this question this is an important question for beginners.i think in the demo account we practice about trade , how to trade with others we can learn different methods about trade.we can get some information about trade.in this after short period of time which we spend in demo account w almost become experience so we can easily start the real account and trade easily.
i think the demo is the best place to learn so many things which we gain from different resources......... i think we should use six months practice on demo as it is very much require... but i like to trade with discipline in demo and in this way we may have good knowledge with no cost............. so this is the simple way of learning........
We should learn how to analyze the market and trade with proper planning only. We need to realize the importance of lot size which should be in accordance to the trading account capital. We need to develop a winning trading system which produces consistent result. We need to learn the total account management.
on demo account , you will learn and practice , to get knowledge about forex trading and how to trade
and on this place, you have to find trading system that suitable with your style, and this is very important then you will bring it to real account
and avoid to use something hard and complicated to understand, take the simple and easy
Because if any kind of experiment you going to do so that you can not using your real capital and not only that you also going to analyzing you must use demo for your starting any move so that you can understand.