cokodot Posted September 7, 2017 Share Posted September 7, 2017 Handling trading risk is the main thing before entering the forex market, where every open position we must with the smallest risk in the placement of its stop loss but has a likelihood of a large profit gain. Practise forex trading with a free demo account to develop your trading strategies and test the features of a trading platform before you place a real trade. Quote Link to comment Share on other sites More sharing options...
myregister Posted September 8, 2017 Share Posted September 8, 2017 Handling trading risk is the main thing before entering the forex market, where every open position we must with the smallest risk in the placement of its stop loss but has a likelihood of a large profit gain. Practise forex trading with a free demo account to develop your trading strategies and test the features of a trading platform before you place a real trade. To practice how to handle the risk is also a good option to try account, right? It is possible for all traders to do that, it just needs the will from each trader. The key to trade in a demo account is actually consistency and persistency. Doing that both will lower how much time you need to spend in demo account. Quote Link to comment Share on other sites More sharing options...
Squirrel Nuts Posted September 9, 2017 Share Posted September 9, 2017 Demo would be the best way to obtain knowledge regarding the Forex Trading, and that too for free and if you wanna learn more, then you could opt for the small investments trading and learn it in more better way. Quote Link to comment Share on other sites More sharing options...
gaban Posted October 30, 2017 Share Posted October 30, 2017 Demo would be the best way to obtain knowledge regarding the Forex Trading, and that too for free and if you wanna learn more, then you could opt for the small investments trading and learn it in more better way. True, the demo trading it will be able we can understand will be a good trading for the run, because in the demo account we can practice in running trading with free of risk problems. And forex is clear for us to understand will be a good trading on the run where we to understand will by profitable run forex trading in real account Quote Link to comment Share on other sites More sharing options...
Sininfinity Posted October 31, 2017 Share Posted October 31, 2017 True, the demo trading it will be able we can understand will be a good trading for the run, because in the demo account we can practice in running trading with free of risk problems. And forex is clear for us to understand will be a good trading on the run where we to understand will by profitable run forex trading in real account Right. Traders can do so many things with demo account. But they need to be sure what do they expect from long term trading career. They should understand that forex trading is not some short term thing. It is a business can be operated without selling anything to anyone. And they should take the time they need to prepare. Quote Link to comment Share on other sites More sharing options...
pepy Posted November 1, 2017 Share Posted November 1, 2017 Right. Traders can do so many things with demo account. But they need to be sure what do they expect from long term trading career. They should understand that forex trading is not some short term thing. It is a business can be operated without selling anything to anyone. And they should take the time they need to prepare. How about scalpers? They are short term trader. Basically forex is about speculation we speculate either one price will rise or down and then get profit from closing or open it. However, talking about the time we need to spend in demo account, it is different to each other ranging from 1 month to few years. Quote Link to comment Share on other sites More sharing options...
Sininfinity Posted November 7, 2017 Share Posted November 7, 2017 How about scalpers? They are short term trader. Basically forex is about speculation we speculate either one price will rise or down and then get profit from closing or open it. However, talking about the time we need to spend in demo account, it is different to each other ranging from 1 month to few years. Well I was not talking about trader types but about the nature of forex as a business. What type of trade a trader wants to do it totally up to him. I never judge any trader for his methods. As long as they can make positive pips it is good in my view. Quote Link to comment Share on other sites More sharing options...
pepy Posted November 7, 2017 Share Posted November 7, 2017 Talking about the nature of forex, yes it is risky business not all can cope with the risk and leave this actually lucrative if only patience included inside. But forex can be a short term things, that is what i want to say like scalpers, right? Do they use turtle trading system? Nope, they quickly open and close the position but of course with some preparations before. Quote Link to comment Share on other sites More sharing options...
aliforex Posted November 8, 2017 Share Posted November 8, 2017 Talking about the nature of forex, yes it is risky business not all can cope with the risk and leave this actually lucrative if only patience included inside. But forex can be a short term things, that is what i want to say like scalpers, right? Do they use turtle trading system? Nope, they quickly open and close the position but of course with some preparations before. for it all we have to control well in order to be managed properly and we need to do is to often learn and try with the best possible in order to better understand in running it so use everything well Quote Link to comment Share on other sites More sharing options...
myregister Posted November 12, 2017 Share Posted November 12, 2017 I think by spend like 8-10 months and during that time you all keep trade during business days and practicing your strategy or skill. After that it is up to you to start, if you still find that you can make just 50% profitable trading, i suggest to spend more time in demo account. Make sure you reach like 85% profitable trading. Quote Link to comment Share on other sites More sharing options...
aliforex Posted November 13, 2017 Share Posted November 13, 2017 I think by spend like 8-10 months and during that time you all keep trade during business days and practicing your strategy or skill. After that it is up to you to start, if you still find that you can make just 50% profitable trading, i suggest to spend more time in demo account. Make sure you reach like 85% profitable trading. for that before we understand how much we make a profit, it would be nice to learn and understand some trading materials correctly, the demo account that can help us in running all its good, so it needs to be done in order to be affected big Quote Link to comment Share on other sites More sharing options...
Gee Dee Posted February 6, 2018 Share Posted February 6, 2018 How much time a trader should invest in demo trades will significantly depend on his analytical abilities to interpret the market. The more realistic and psychologically well-built people can adapt them with the frequent changes in the forex market; thereby their time investment can be lesser than the average retail traders. I believe a trader should provide sufficient time in demo trades until he gets the full confidence that he is able to trade with live accounts competently and beneficially. Quote Link to comment Share on other sites More sharing options...
gaban Posted February 7, 2018 Share Posted February 7, 2018 Demo account it to be learned it will be useful, because in the demo trading we can learn and practice will be way way better trading performance again. Forex is a very big risk business, so where continue to strive in learning and practice to be able to we are more able to get maximum results where we run forex trading Quote Link to comment Share on other sites More sharing options...
davidblack Posted February 8, 2018 Share Posted February 8, 2018 It depends on you, you may take just 2 months on a demo account to get ready for the real trading, and maybe you will need 1 year, and for sure it depends on your time too example, someone has no free time to practice everyday one demo account,but another one has free time to practice 8 hrs daily,sure the 1st one needs more time than 2nd one. Forextraders.blog Quote Link to comment Share on other sites More sharing options...
gaban Posted February 9, 2018 Share Posted February 9, 2018 For the demo account it is where the things we should be able to learn, with a demo trading practice will be how to manage good and true trading. Forex is a business where all the risks are very large, so traders continue to strive in the process of learning in stages to be able to we are more able to master trading more profitable Quote Link to comment Share on other sites More sharing options...
Sininfinity Posted March 6, 2018 Share Posted March 6, 2018 How much time a trader should invest in demo trades will significantly depend on his analytical abilities to interpret the market. The more realistic and psychologically well-built people can adapt them with the frequent changes in the forex market; thereby their time investment can be lesser than the average retail traders. I believe a trader should provide sufficient time in demo trades until he gets the full confidence that he is able to trade with live accounts competently and beneficially. You are right. A trader should give himself sufficient amount of time to get prepared for live trading. When real money will be involved then thing are not going to be easier for a trader so the more prepared a trader becomes the better. Quote Link to comment Share on other sites More sharing options...
gaban Posted March 7, 2018 Share Posted March 7, 2018 Where for us to learn in demo account it is the most important also where we can run good and true trading, forex business is not an easy or instant business, but forex business is very big risk that exists, so we continue to improve ability better trading in order that we can trade in a way to get maximum results Quote Link to comment Share on other sites More sharing options...
Michael Butcher Posted August 19, 2021 Share Posted August 19, 2021 I suppose a demo account can help you understand whether a broker is right for you or not. But I strongly advise you to study all the information about brokers in order to understand whether you can trust them. You can surf the net and read this information. I can recommend u one site which calls Finarm com. It's pretty convenient and can give you some insights. You can visit it and learn all necessary information. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted August 30, 2021 Share Posted August 30, 2021 On 8/19/2021 at 11:36 AM, Michael Butcher said: I suppose a demo account can help you understand whether a broker is right for you or not. But I strongly advise you to study all the information about brokers in order to understand whether you can trust them. You can surf the net and read this information. I can recommend u one site which calls Finarm com. It's pretty convenient and can give you some insights. You can visit it and learn all necessary information. If we are using the DEMO trading accounts we will have to understand how it works in t he first place. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted August 31, 2021 Share Posted August 31, 2021 20 hours ago, FXOpen Trader said: If we are using the DEMO trading accounts we will have to understand how it works in t he first place. the facilities provided by traders must be able to be considered properly, this is done so that traders can be more leverage in improving the skills, profits, and experience that exist when they are on a real Tickmill account. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted September 5, 2021 Share Posted September 5, 2021 On 8/31/2021 at 8:58 AM, uncle gober said: the facilities provided by traders must be able to be considered properly, this is done so that traders can be more leverage in improving the skills, profits, and experience that exist when they are on a real Tickmill account. We should try to open a demo trading account with a reliable and international foreign exchange broker FXOpen Markets Quote Link to comment Share on other sites More sharing options...
uncle gober Posted September 6, 2021 Share Posted September 6, 2021 The selection of the existing broker must be able to be considered properly, this is done so that traders can become more leverage in surviving and can become a trader of the month together with Tickmill. Quote Link to comment Share on other sites More sharing options...
Upoctin Posted September 7, 2021 Share Posted September 7, 2021 One of my friends taught me the basic principles of trading in a demo and I went straight to real trading with a $20 deposit. Also, i do not think that demo is useful for learning, it is made for taking a look at strategies, eas, etc. not for learning how to make a profit. An important distinction between a demo account and a real account is the emotional factor, which has the biggest bearing on a brand newcomer's success. When a trader moves from demo to real trading, they find it challenging to manage their emotions. Therefore, the majority of them always ask why I continue to lose in real trading when I do well in a demo? During trading on a demo account, he could not learn how to manage his emotions Quote Link to comment Share on other sites More sharing options...
bearhugs Posted September 9, 2021 Share Posted September 9, 2021 You could spend as much you time as you want, but real knowledge starts with the real narket, real money (though little) and improvises your trading skils. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted September 10, 2021 Share Posted September 10, 2021 don't forget to be able to improve existing skills, profits, and experience well, this is useful so that traders can be more leverage in surviving and can become a trader of the month with Tickmill. Quote Link to comment Share on other sites More sharing options...
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