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its really true .Its a matter of sorrow that most of traders losing their money always without earning any profit.Its now time for changing those situation with a good practice and reach on a good profit
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it is a very nice question.my advice is before demo trading to read several forex a books and study on some strategies.and for example choose one strategy and always follow it
---------- Post added at 09:29 AM ---------- Previous post was at 09:19 AM ----------
it is a very nice question.my advice is before demo trading to read several Forex a books and study on some strategies.and for example choose one strategy and always follow it for at least one month on demo account,and please write down the wins and looses and analyze it if it is a working strategy.until you will find a very nice strategy,so it may takes months don't forget it is better then loosing too much money just for practicing your trading skills.then when you will ready and your strategy works very well for a few months then it is time to study on emotional discipline.
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yes , i think so consolidation can extend itself so far, and for so long, that it actually turns naturally into distribution, (where the asset starts to get sold as the realization that the original trend has expired), when there is no more forward momentum. Add in low volume levels, as we have right now, and volatility starts to decrease a little.
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first of all i want to say you my friend that you can see lot of same type of threads there is no need of opening of new thread to spoil the forum and second one is that you should learn forex at least 2 month on demo account.
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I thing forex demo account is the fist step of learning forex business.i thing 2-3 month we should spend in demo before going to live account.cause demo is a very importance for beginner so they have to spend more time in demo account.
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Totally agree, rather than money spent on smoking-invested his money better.
Would be a shame if we squander the money mending we manage to produce in accordance with the seriousness of what we want.
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Demo account is the most important for beginners, we learn more about forex trading and many more. so we should practice in demo at least 6months. we must practice in demo before live trade, because here are more risk to become loss in trade.
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it's only depends on you.. what you learned from demo. if you think you are good enough to go for live trading then go. else spend some more time on demo.
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for spend time in demo account depend on us, if we fast understand to make profit and we can make earn continously i think we can direct trade in live account.
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A good tip is to question before the lounge Forex and my research some of the strategies. and choose a strategy, such as read and follow, at least one month demo account and enter to win and lose, and check whether the strategy. to work to find a very nice strategy, so it may take months, the better to remember a lot of money, just your skills in the context of the negotiations to lose in practice.