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yes the newbies may feel bore for practicing in the demo account and they think that they are wasting their time in that but frankly they should know that if they are serious in demo trading,they can learn a lot from those ,which may be helpful in their real account trading later.
Newbie ko chaya to pahala trading ka bara main boht sara knowledge hone chaaya ap ko trading ka bara main complete knowledge hone chaya or ap demo account par few month training karnaa or boht sara profit gain krana or apna emotion ko control karana.Quote:
Originally Posted by Anytime
I think if the newbie people want to start forex trading then they should try to make a plan to trade for this they should make a trade on the demo account for at least 3 months then they will have some idea about forex.
very true friend. The beginner should open a forex demo account before deciding to trade in real trading. demo account will be able to demonstrate skills and abilities they have in the trade. if he was able to make consistent profits, then he's ready to trade in the real tradeQuote:
I think if the newbie people want to start forex trading then they should try to make a plan to trade for this they should make a trade on the demo account for at least 3 months then they will have some idea about forex.
For the new trader its very difficult to trade without the practice.experience is must in forex trading and for that its very important to go for the trading with the news and also go for the demo practice.
mein hamesha naye traders se kahunga ki woh kisi forex forum ki maddat pakka lein jaise indoan forex kyonki aap iss forum se
acchi capital bana sakte hai jisse aap acchi tarah se trading kar sakte hain.
Select a mentor for you.. Who can guide you properly in this long journey.. He can save you from many hurdle you might faced if you traded alone.. There are many trap in this journey.. So when you have a mentor you can showed you the right way to trade on this market.. you can save both time and money at the same time..
While the 1st year of practice makes sure that your knowledge about forex trading is proper and that, now you better know how to interpret your forex charts? If yes, then you may try doing the real trading. But, if you think that yet you don’t have the proper knowledge to success, then try practicing a little more.
One should be sure that he is ready to trade on Forex with real account as well money. Additionally, through acquiring this experience while entering the forex market using the demo account for trading high liquid assets, which intends to deal with future.
That is pretty impressive. You must be incredibly patient, besides how have you assessed yourself about profit and loss percentage as well your confidence level. Have you yet located any effective strategy? If you think your advancement is good, I am certain that you are going to do well on real account.