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yes completely meaningfull and very true post made, the first shall be greed tht new ppl get coz of the profits tht they get from the demo a/c but they dnt realise tht a completely diffrent world awaits in the real a/c, and when they enter the real a/c and suffer a loss then they are always scared to buy or sell thinking tht another hit awaits them to loss so they just keep on staring the charts and do not enter the trade, this is also something tht is a prt of me so i m speaking with experience
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if a new person wants to start trade he should invest low capital so that he can utilize it slowly with that understanding and even can make some profits which can help to make that capital big, but i will say why borrow if various brokers offer money for sign up or even forum's like our's where you can get lots of knowledge ,get things and querries cleared along with a bonus for learning
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is trading with gold and silver this profitable like cumil said above that even 70.000$ can be made, is it really that achievable?
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hey very nice share buddy, good one, and also has a lot helpful information and statistic's, to me the appealaing point was this one "30. We begin to see that our lack of success is within us (a lack of
discipline in following the rules because of some kind of fear),"
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well destiny wont give a bit if we depend on it, and also if we trade with forex day and night ( not literally ) then wont it just stress us out too much to make our brains tired and start making wrong decission?
crorepati ban bhi agar sakte hai toh large capital and big lot sizes and with the pronunciation of those two you can get the smell of risk! offcourse if you want to avoid ages for it! :P
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i will say a combination of both technocal and fundamental analysis can bring up good results coz technical analysis is important but even the smallest change in market coz of news can make you regret a lot
---------- Post added at 12:29 PM ---------- Previous post was at 12:27 PM ----------
very accurately and exactly explained yaar, yes technical analysis will be needed for long term trade coz it will be the perfect thing to do to know when to exit with the profit's of a long term trade
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naye logone atleast dedh ya doh mahine tak demo a/c use karna chahiye jab tak woh consistent profit kar le aur fir real a/c par chale jaye par fir bhi agar age koi nayi strategy samhaj mein aaye toh demo a/c par pehle try kar le aur fir real a/c par
---------- Post added at 12:30 PM ---------- Previous post was at 12:20 PM ----------
demo a/c has almost no death at all coz it is used even after a person goes on live coz demo a/c is the only place where we can experiment our new ideas and strategies, it is not just like to be used at the start but is used most of all by successful traders al the time even when they have years of experience they experiment on demo for new outcomes
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through forum we come in contact with ppl who are in this business from years now, also you get to look at the startegies and live shats and also all the problems and querries are solved, they even teach you decipline, how to make a consistent system, how to withdraw ur profit's and also help financially
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demo a/c is like the bsic platform for all the newcomers so it is lot important to learn stuff but demo contest is like a warfare going on to win the price in the least of time, i dnt deny the fact tht even it need ssome skill but to learn forex trade deeply this demo contest is like no use, coz it is not possible to be money managed all the time coz u juss hurrying to win the prize
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yei have woken up from that now and again started to use sl coz without it neither di i want loss nor do i want to taste margin call, small profit increase hoti hai par fir ek bhi bada loss hogaya galat movement ki wajah se toh fir problem mein aajaunga so i started to use it again
