Levie

we need to learn forex demo account with a demo account so we can learn forex properly. for that, we have to utilize a demo account with either. because a lot of things we can do with the demo account. highly recommended for beginners to learn andpractice a lot of trading in a demo account

You can make money with forex if you have learn all that is required in order to be a successful trader. I think that will have to come first, knowledge is everything. You will not gain much if you don't have the knowledge to do it. Once you have acquired all the knowledge, you will be able to make some profit. I agree with the rest that you will need a demo in order to learn as much as you can about the trades and see your skills and see your mistakes as well. From this, you can gain real experiences that will help you become a successful trader. Once you have become a successful trader, you will be able to minimize your loss and gain some real profit.

Forex becoming one's main job or not is rather a case of choice than the prospects. Many, there are who have made forex trading their main stay job. However much more people adopt forex as another source of income. I belong to this category. I don't see forex being my main job.

I thin its one of important thing to remember before you start trading. check if you can trust you r broker so you can be so sure if your money is safe. forex trading is very risky so you need to monitor everything so you won 't encounter difficulties when you trade.

Yes, a trader is a learner. Because, if one wants to succeed in forex and earn huge profits then we have to study hard and practice well. We must never be satisfied with oneself. We must learn and practice intensively in order to get good skills and experience. The better a person to learn and practice trading then it will definitely be successful in forex.

I think Demo and Real account is a whole lot different thing. Demo only gibes you idea and to make get you familiarize in trading. Demo could be helpful if you use and maximize it. You can practice here strategies which you think you can use in real trading. But still study shows that traders who are winning while using demo accounts still looses when they open a real account. This just proves that a real forex trading should require real experiences from the real trades you make.

to point out stop loss level, depend on traders strategy. if traders use scalping technique, probably will set fix stop loss with tight level. but if traders use long position strategy in trading, will set wide stop loss level.

ctually there's one way for forex to work without any risk but it requires bigger amount of money and also the risk is exist actually but it is more to human error like simply open wrong position or other small mistakes. It is called carry trading, where you like hedge a position and earn money from the interest rate. The earning is small but if you use big lot size you can earn passively. But make sure when you hedge you are in profit or at least small profit like up to 10 pips for example.

We all know here already, actually the best place to practice the Forex trading is by using the demo account here. And the next thing also, we can try to use the free money, like from the forum or from the broker's bonus to open the real account to trade on Forex here.

learning is a continuous process.so all the trader have to be more concern about the market.without the better thinking anyone can not be a better trader.as a trader should be more thinking that need a proper learner in this market for the future.if the trader can not be a better trader in here they should be more think that need a proper practice in this market.so all the trader have to be more concern about that.

well. you are right, it depends on individual. we have our own strategy and plans for our trading to be successful.

how long we should spent on demo account before we able to open a live account?

well, me i am sticking on my broker which is ForexMart, i like them because they give me good service until now that i'm on my 10 month. I now earn good profit from them. But still looking for more profitable and higher earning on all of my trades.

indeed we should be able to face the situation of trading with a cool mind because it can make us become easier to cope with all the pressures that exist in trade we do but if we just satisfied with the results we get then we will cease to keep learning and will not be able to generate better profits because we know with the increasing knowledge we have and it will make a profit on the trade we can also be better

demo account just a demo cash ,not a real cash, if need real cash we need to use real account to earn real money,but need step by step, newbie must use demo account first and learn about on demo account.

demo is a good place for newbies to practice forex trading. its just like live account the only difference is the virtual money we use on demo account. So better start on practicing on it and gain experience before you actually use live account, so you won't have difficulties when you start trading.

I am now with ForexMart, so far they give good services and i like their no deposit bonus because i received enough bonus to use as my capital on trading. And now i can say i improve and may trading are smooth sailing. looking for more profitable trades with my broker.

at first, i thought i need a mentor to help me learn forex trading, but thru practice and learning all about knowledge , i step by step knowing the real work in trading. and now i can do it all by myself. but i think i still need to know more and practice more so i can improve my trading skills.

Stop loss is a type of pending order that he forex trader places in anticipation that if a trade or an open position goes the other way round to the negative side, then the trade should be closed automatically at the set order price which is the stop loss. It prevents a trader from losing more than required amount while trading.

You are right, gambling is where you just take a risk, and in trading skills and knowledge are needed for us trades to get and earn large amount of money. so i am sure that forex trading can't be compare to gambling.

And maybe trader just click on the button to do trade with out knowing the real meaning and work here in forex trading. we must make sure that you are fully knowledge on how the market flow. forex is very risky and you should be prepared cause everything might happen.

demo is important also in entering forex trading, it is the place where you can practice you ability as a trader and try out you strategy if it would be better for trading.

well, I'm not so far, and i think its not good to be much attached on something remember that you still have some other thing to prioritize, so better manage you time on trading and other thing so you won 't have difficulties when you do them both.

forex is the best worker but it is difficult for those who can not understand it and they cannot earn in the fore if they want to earn they should learn the forex if they learn then it is good for them and they can also earn in the forex by trading in real acount

Maybe because they that traders use large amount of money just to bet in this business and taking any risk just to gain huge amount., but for me its not a gambling its a business where you take a chance that it will grow.