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Demo account is not enough to learn trading because we just learn basics of trading in demo trading. Our psychology also must be trained because it has important role in trading, if our psychology is not good, we can't think realistic and it can influence our analysis.. I think we can use no deposit bonus to train our psychology, like the posting bonus, welcome bonus etc. But demo account is very recommended for beginners who wanna start trading in forex.

@Achiever2015, I agree with what you say, because I think it would fit in forex as a side job because if we make forex as main job would not be optimal because we certainly will not benefit in forex continuously.

I think so. As we know, forex is a flexible business. We can trade anytime and anywhere. I also a part time trader with instaforex. Forex trading give me chance to get profit as my additional income to fulfill my daily need, although i haven't be able to get profit consistently.

Analyzing our history of trades from time to time can help us to know our weaknesses and strengths in Forex trading. This can help us to know our weaknesses and strengths and we can take steps to overcome our weaknesses and fortify our trading strengths.

 

Learning and improving our trading skills is very essential in Forex. We should not only learn from our mistakes but also from the mistakes of other traders which can help us to avoid many uncalled losses in Forex trading.

Yeah, it mean we evaluate or trading. By evaluating, we will know that there are deficiencies in us, so we should try to fix it.

Don't ever feel bored to make evaluation because it's very important for us.

Of course, Forex forums are useful because they allow you to interact with other traders who may be experiencing the same frustrations and setbacks that you are experiencing. Having discussions as a group can sometimes open you up to new ways of looking at things and can keep you from feeling like you are alone with what you are doing.

Forex forums can be considered a type of training ground where you can learn from each other and share positive and negative experiences.

I think we can make forex as a major work, but it's too risky to make forex as our source of income only. I think we should have a real business as a source of additional income.

I have information about no-deposit bonus that we can get to start trading without making deposit first.If you are interested in this bonus, maybe you could try it. InstaForex give bonuses for our posting in their forums. While learn, we will get free capital to start trading in real.

Thanks for your opinion, guys.

Yeah forex can be a main job for us and we should make profit consistently first before we make it as our main job. But i think we should not leave our real job.

Hmm, demo account usually have their demo server. They have different server for the different trading accounts and depends on what you prefer server. I usually choose of the fastest server so, it will not have connection problems or errors during my trading. So, it's the best to choose the best servers for the demo and real accounts since from the start this will affect our trades as well.

Of course. But basically, trade with demo account is same as trade with real account. The difference is our psychology. No wonder, if we can make profit consistently when trading in demo, but we can't make it when trading in real. Need process to get profit consistently when trading with real account.

Well, can you state what is the spread in this broker if you have said as the lowest spread in the world. Well, I don't know if that broker offer something for the traders like Forum incentives or even to have bonuses in contests or others. Also, not sure if that is available in our country since, it's obviously Europe. Still, I have tried only 2 brokers so far.

Every broker have advantages and disadvantages. And every trader choose their broker now because they have their own reasons, including I choose instaforex.

Foreign Exchange, also referred as "Forex" is the largest financial market in the world. Forex is a 24 hours market. The Forex market never sleeps. Traders able to choose their convenient time to enter the market. Traders are able to buy, sell, exchange and speculate on currencies. Foreign exchange markets are made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors.

A demo account is typically "funded" with simulated money, which allows the traders, especially beginner to conduct fictitious trades in order to become familiar with the ins and outs of the platform. A trading account that allows an trader to review and test the features of a trading platform before funding the account or placing trades.

if we wanna trade, we have to knowledge so we will get experience and skills after trying to learn trading. And luck will not make us to be a successful trading, because successful or not, it depend on our effort.

fbs is good broker. but i cnat trade in small lot. 5 dollar bnus is not enough

Have you try to trade by using the posting bonus as your balance.

I have try it in my broker now, and it's really helpful for me to start trading without having deposit.

 

Agreed. I even treat the trainin demo as a real one. This way can help me to prepare before facing the real account.

But i think it's not too effective if we treat demo trading as real trading. But if we can be serious when trading with a demo account, I think the experience that we've get can be very helpful for real trading, just a little adjustment only.

Sometimes because of a source of capital that makes traders underestimate a demo account. Equity capital for demo trading is virtual, but if trading with a demo account without rules, it could be it will carry over when we do the real trading. Better still use a demo account as it should, because without a demo account, we can not learn without risk.

Forex is really good to invest if we know now to trade to start with. So far I'm earning some how in forex. But I know that my earnings is really not that good or not that high but still I'm hoping that some day I can earn good enough in forex to make me rich enough to buy a big mansion. My dream is always to live in a big house. And if I earn one million a month in forex trading I guess I can say I'm really successful.

Yeah, Forex is a good business investment. Have the opportunity to earn huge profits and large losses too.

If we want to trade in forex, you should not rush to make a deposit, it is better to use a no-deposit bonus to start trading in forex.

We all know that forex is a very high risk, for months I plunge in forex trading, and I have felt the bitterness of current accounts had MC, currently do not run out of funds left. So, can forex trading be a main job? Are there any who have undergone this work as a source of income?

My answer is sure, it can help us achieve success on forex if we can use it as well as possible. My broker also provide bonus like this and i also use it to start trading with them. Even until right now, i can increase my balance by using the posting bonus.

Demo trading is an excellent training tool to see our readiness in using real accounts for trading. With real account we can make a profit that we can use. But it's not undeniable, there are traders who abusing demo account to play around, trading without rules and I think it will only harm us.

 

Getting profits quickly is really not possible in forex and you need to wait until you are well settled with this business . Earning with forex is really not easy as most of them think . A trader should be well skilled to start earning with forex and rest all of them cannot sustain in this business .

Yeah, to get profit in forex, we need process. But I think, we get profits quickly in forex , but our account will not survive long. I think we should focus on learning how to trade well, so we will find for themselves how to get a consistent profit.

Making Consistently Profit in Forex? Try this step :

1) Focus on trading, not just on making money

2) Learn that NOT trading is part of the game (Being out of a trade is a position)

3) Become organized and disciplined

4) Take a longer-term view of what “success” means

5) Develop a strict daily trading routine to develop positive trading habits

Thanks for the advice sir. Yeah, we don't just focus on making money only and i think we should better focus to minimize the risk so the possibility to get profit is bigger. And we must believe ourselves that we can do anything if we wanna try. I also believe that i can make profit consistently in forex trading with my account.

Sometimes because of a source of capital that makes traders underestimate a demo account. Equity capital for demo trading is virtual, but if trading with a demo account without rules, it could be it will carry over when we do the real trading. Better still use a demo account as it should, because without a demo account, we can not learn without risk.

Of course. Forex is a business and I have to treat it as a business, not a game or a perjudian.Forex is a risky business, if we are not serious in running it, we could lose a lot of money. But if we can also use a broker to get a bonus of convenience when trading, such as the posting bonus etc..

luck is only for gambler , but in forex we still need luck even i think that knowledge also become something that is important for trader,because luck only will make them loss, and i think the possibility to loss only by relying from luck is 99%, so it is better to prefer knowledge, because it will help us to trade

Yeah, we still need luck but we should not rely on luck only because Forex is business and we have to treat it as a business not as a game, gambling or something else if we don't wanna lose much money in forex.

I think we should use a simple system, easily understood and implemented so that we can be more comfortable trading and surely, we could get a maximum profit..