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by using a demo account is the proper and best way to learn forex trading, because we can use how much capital we want without fear of losing, with a demo account we can learn and practice forever, but if we've managed to make a profit on demo account , then we are ready to enter the real trade.
Hi member, maybe you are ignoring the importance of education in this aspect. If you do not have a sufficient level of education then how can you trade? this thing will fail The best way to trade is to trade. I mean if you do not know about the market actions then how you will make an entry in the market? how will you take profits?
if we dont have proper knowledge we can not do trading. we can practice if we have the knowledge. so we have to learn first to gather knowledge then apply it in demo account to get experience. we will learn from our experience, find our weak point and fix it, improve our skill. it is important to learn but it is also important to practice our knowledge, so we should not skip the learning process.Quote:
Originally Posted by crux9
One can begin forex trading with the demo account and can start learn from popular forex learning resources like ********, fxfactory etc and also read about the forex expert's journal and forums like Indian Forex
Yes the best way to learn forex is to trade forex,we can use demo account to learn trading and it usefull for practical and improve our strategy and skill.
practice will makes us learn fast and we will not forgot about our learning also, because we dont just read it but doing it. learning by doing is the best way to learn and the fastest way to learn also
In my opinion, we should in demo account first because it give us very good idea about Forex and we should make strategy and if we get profits with that strategy then we can start trading on real account. Thanks
Getting in some practice on a demo account gives you experience in multiple areas. First and foremost, it allows you to see if you are any good at forex trading. It also allows you to see if you feel comfortable with the tools of the broker.
bhai aapko online aur indian forum jaise forums se kaafi help mil sakti hai,mai indian forum se hei strategy banana sikha hoon aur mai chahta hoon aap yaha members ke touch mein rahe unse aapko kaafi kuch sikhane ko milenga..
Trade the real account is important. But you must remember to trade only with cent account if you are still practicing the trade or demo account to improve strategy. Trade directly in real account without know the beginner stage like that only lead us to loss.