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you are right, demo account is just for newbies who want learn forex for the first time but we still use it if we have an experiments or we want to test EA (if interested with EA)
so i prefer use real account for my practicing with micro or cent accounts
Things are true to some extents my friend. Demo accounts are used by traders to get familiar with real trade. It is not possible to go for the real trade until we start trading in demo accounts. We can learn more and more about forex trade through demo accounts and when we get experienced, we can use demo accounts to test our strategies.
Demo accounts help newbies to get used to the forex trade. But expert traders can use demo account trading as the part of experiment. They can try new strategies with demo accounts and see if they work or not. In case of the failure, they don't have to lose any money and in case of success, they can try them with real trades.
Well, I appreciate the thread. It is a very good work by the thread starter. This is piece of information that every newbies should know about forex. It will help newbies to develop positive aspects towards forex and boost up the skills.
very truly said brother.
Forex is source of earning a nice and high amount money but it require lots of hard work.
humko concentrate karna hota hai forex pai to hi hum earn kar sakte hai baki going to loss.
irrational think karna bahot bura hota hai brother.
1 night main agar koi amir ban jata to sab abhi millionaire ho jate.
so jab bhi trade karo tab market ko analyze kar k karo to hi profit hoga.
A trader must always try to minimize his losses and trade with less and low risks as it is very important for a trader.Also it is better to put stop loss to all your trades.
forex me bahut tarike aiseh ai jisse ki aapki deal kam se kam loss me jayegiQuote:
Originally Posted by nirale
har tarder ko technical aur fundamentals ko dekh ke hi trade karna chahaiye...hamesha trend ke hisa bse tarding karni chahiye
iske alawa agar aap apni dal ko stop lsos aur take profit se lock karke rakehnge to aapke account ke liye kafi acha ho ajeyga kyunki money management ka ye bahut zaruri hissa hota hai...sath hi sath demo account me apne strategies ko cross check karna bhi bahut zaruri hota hai
sahi kaha aap ne forex bachon ka khel nahi aur kuch bhi cheez muft main nahi milti us k liye mehnat chahyie ya acha plan aur money managment hi ho? koi na koi cheez hogi jo aap ko success de gi kyon k agar itna hi aasaan hota to aaj saare amir ban jaate forex se aur koim ghareeb na rehta aur koi kaam na hota dunya forex k elavaQuote:
Originally Posted by nikam
a good internet connection can make trading a heaven or hell. i had experienced a lot of losses due to low speed internet connection,these losses gave too much frustration,tension,headache etc.then i give government unlimited broadband internet connection,i got good profit from it.