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I think after trading the demo for a time, it is a must to start a real trade and you have to start with a cent account. You must trade on a real account to get a real experience. The trading demo only allows you to experience MT4 and all its functions but you need to trade on a real account for real emotional training. and I agree with "the best way to learn forex trading is to trade forex" when you are going to trade, your experience will grow and you can find out how the market behaves and how we can make profits in this market. Your experience can give you success.
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Open a demo account and paper trade until you can make a consistent profit. Many people jump into the FX market and quickly lose a lot of money (because of leverage). It is important to take your time and learn to trade properly before committing capital. The best way to learn is by doing.
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Trading instructors often recommend that you open a micro forex trading account or an account with a variable-trade-size broker that will allow you to make small trades. Trading small will allow you to put some money on the line, but expose yourself to very small losses if you make mistakes or enter into losing trades.
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yes you say right Open a demo account and paper trade until you can make a consistent profit. Many people jump into the FX market and quickly lose a lot of money (because of leverage). It is important to take your time and learn to trade properly before committing capital. The best way to learn is by doing.We can focus and learn the forex trading on top rated video sharing websites. Just give the daily one hour on video sharing websites and learn the forex business and start your own business
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The more we do trading with real account the more valuable experience we get and this is very much valuable for the traders who use it effectively to learn and improve upon the strategy followed, analysis carried out etc. Hence trading only can help us more than simply reading books and articles.
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This is really a bitter truth, we can learn anything without doing it,. Practical experience is more important that the theory. Hence we must keep trading even if we are making small profit with low lot orders. So instead of trading with large lot and risking our account we must keep trading with low risk trades.
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That is right practical trading experience with real money is indispensable, and has more value than any other type of coaching or training.
But again if it is done properly , is a waste of money and time, one needs to make a habit of analyzing the loosing orders and take corrective actions to stop there repeating in future.
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That is right practical trading experience with real money is indispensable, and has more value than any other type of coaching or training.But again if it is done properly , is a waste of money and time, one needs to make a habit of analyzing the loosing orders and take corrective actions to stop there repeating in future.
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You also have to keep learning whatever you trade, never stop learning, the more you learn the more experience you will get, besides learning from your losses will help you a lot the next time you trade, and I agree, the best way to learn everything in life is really practice, all know beforehand that theoretical learning is fundamental in practice after we have a strong foundation in this field and we all have an obligation to improve and adjust difficult conditions. market trends.
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I also think that the best way to learn forex is by trading .... but it is also important that we first learn about the rules and basics of forex trading and then try it on a demo account and then we can trade right away ..... but we will learn more about forex trading, when we get more and more trades ... because if we suffer some losses, then we will try to overcome them and learn from our mistakes and that will improve our trading skills. true because trading itself is the best way to learn but that won't make you a pro because we also have to explore the internet to learn about topics to see what other traders are doing and what they think, I prefer learning from forums and Google and internet topics with practice and testing.