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protox

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Posts posted by protox

  1. Why people don't want to spend their time trade in real account? that is depend on the trader but i am sure 95% of new traders will spend their time in demo account first since lack of funds or don't have good confidence in learning forex with real account or simply afraid to loss money.

     

     

    Learn to read a long term chart. This will help you to take your eyes rest while you are on something.

  2. 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.

     

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

  3. If trade Forex without the basic idea, without know how to trade. Just place your luck on buy and sell. Yes, you are treating Forex like casino. But if you learn carefully, get the baisc idea of trading. Practicing with demo account, you are surely not treating Forex the right way. And it will not turn out like casino.

  4. Free money are given for certain broker. Yes, they can be withdraw. But the problem that, you have to open the broker that they are working together. Like say Mt5 with instaforex. You have to open the account of that broker from the link provided by the Mt5. Therefore, if you had open the account by yourself, you can't your account to the broker in oder to get the money.

  5. If they are not learning to trade properly, they might fail in trading. Some newbie are also jumping into trading without practicing with demo account. They only get the basic idea of trading from e-books. Even sometimes, they only learn from friend who trade based on experience.

  6. Quite true, but not all of us agree in that to be a success, we need to fail first. First of all if we are not learning the basic idea, the we put into a practice. If we fail from that, we still can accept it. But if we have no idea at all, and step into the the business, and we fail, we are gambling with our life. Then you will keep on question, what is wrong with me.

  7. not like that too :D, people that trade from real account to demo account maybe because they want to joined demo contest, one thing that people should know that demo account lack of psychological side, make us more relax to take decision, but in real account there are a lot of pressure like fear or greedy

     

    If you create a demo account and take it as a contest, then how can you prepare yourself to the real battle, in real trading? I wouldn't want to gamble in the Forex without practicing with demo account.

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