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back to the discussion thread. experience in the trade can be a very useful lesson for us. can demonstrate skills and experience of our ability to trade. we will be able to see the outcome of the trade that we have made, and we can correct our mistakes in a trade with the experience
yes you are right my brother, Trading in a demo account is very different than trading in a real account, then we must do a lot of practice to improve our level of forex market, and to test our strategies and for the Experience.Quote:
Originally Posted by atif58
well u echoed my exact feelings. forex is really like real life. when u feel that life is good some misfortune happen and ur down. similarly in forex the moment u open the trade the market will start going the other way leaving u wondering why is this happening and why me. but these things are what u should expect and prepare yourself to face them with courage
indeed true that the experience is very valuable to trade forex, generally what is presented in books on forex is an ideal condition, or event is often the case. But forex is the real thing that might happen like a repetition of events that never existed, but of course with different details. Therefore, we need to study the habits historically and match them with real time events. to be able to obtain a more accurate or predictive.
I agree with you that real trading is different from what we learn on book or site. there is many factor that affect real trading such as greed and fear. so i think learn by experience.Quote:
Originally Posted by atif58
han gi forex trading main sab se ziyad ajo cheez zarori ha woh ha experince han gi forex trading main experince k bagher app ko bhi profit nahi kama saktey ho es liye main to es main kafi experince hasil karney k baad he real account main aya thaQuote:
Originally Posted by atif58
right, the way we trade a year ago is different with now. I am too. the longer, we are increasingly keen to see movement in the market, not just a guess, but with a mature analysisQuote:
Originally Posted by atif58
It is not necessary that what writes in books would help us 100 % in trading.Books and other reading materials, provides help to bulit the knowledge base for forex trading.But the actual experience ,we get during real trading.
To gain experience, newbies should start as a small trader. Even if they have a lot of risk capital they should start out with a micro account. At this time they need to learn the industry and it’s terminology, the way their brokers does things, the way the platform works, how to use some indicators, how to control their emotions, how to manage their money, how to handle losses as well as how to handle winning trades.
Expeience is always a plus point in every business. But in forex it is more valuable. U trade for a long time. You see many events. U learned a lot. So u have some extra knoledge about it. Of u get some benefit of it