Demo is a good place to test the strategy. Many experts and traders also use profational demo account to test the new strategy. Demo is also good for beginner traders, since they can practice with it and got a good trader.
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Demo is a good place to test the strategy. Many experts and traders also use profational demo account to test the new strategy. Demo is also good for beginner traders, since they can practice with it and got a good trader.
Every newbie must be in position of adequate knowldge about forex trading and have a practise on demo account .there are many way to get success in forex trading.
mere khial main jo b eforex trading main new ata hai us ko chahye ke wo sab se pehly demo accounts pe kaam sekhny jitna be wo demo accounts pe kam kary ga utna he usy faida ho ga usy forex ke bary main knowledge hasil ho ga different websites humain bohat sa data faraham karti hian wahan se sekhain
sir , jesy humarey ye or member keh rahy hain ke newbie ke leye demo account bana ne chaheye tu main be yahi kehna chahta ho ke newbie ke leye demo account se or behtar koy chez nahi hain wo newbie ke leye buhot helpful hain
Real account can give me real experience and emotion. But as a beginner, can I imagine what real experience come after trading for the first time? If it is bad experience, it can slow the movement of beginners down. So, I think it is better to practise with demo account.Quote:
Originally Posted by Anytime
A newbie should never be in a hurry to trade forex because of the hunger for profits and big bucks. He/she should firstly take time to study and research about forex before attempting to trade. Many who rush into trading without learning and building some trading skills usually have themselves to blame when things go completely wrong for them. Excessive losses can be contained and controlled by acquiring the appropriate trading skills to combat the forex market without resentmentQuote:
Originally Posted by randeep
Mere khayal mein naye traders ko neechay batayi gai batoan ka khayal rakhna chahiye:
- Maloomat (knowledge) ko barhana chahiye.
- Demo trading se apna tajurba (experience) barhana chahiye.
- Technical Analysis or Fundamental Analysis ki maloomat (knowledge) barhani chahiye.
- Forums ke zariye doosroan ke tajurbay se faida (benefit) uthayein.
- Apne under confidence paida kerna chahiye.
- Apne under sabr (patience) paida kerna chahiye.
You know if we are still a beginner in forex, it is exceed to use a demo account primary, so we can personage out the best way to do forex trading.
but if we can already star at trading forex, we can start trading with a demo account to leaving and ferment to actual account.
u said right.... directly jump into real market will be dangerous...new trader seems less confident with lack of knowledge,,this the things that he shuold improve before real life trading exeprience
===>>>according to me newbies should practise in demo account at beginning when he feels he is good and getting regular profit in demo acounts he should go to real but trading in demo account should be of more then 6 months.