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Everything posted by gaban
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Forex trading is very famous for the moment. because forex trading is a promising business profits large than other businesses. So many people are opting for forex trading. And this business also give it easiness to do so. with all the flexibility we can do this business anywhere and anytime.
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I think we do not need to join in forex school to make money from forex trading. All we have to do is a lot to learn in a demo account how to do a good analysis so we can make a profit. Or we could also join in indo.mt5. Here we can share with each other with other traders to learn to trade the better.
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yes, with the leverage we will increasingly benefit from forex. We do not need to spend big money to do forex trading. This is what distinguishes the forex with other securities business.
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of course, in forex trading we do not need to rush to get a big profit. Because forex is a job that relax. we can trade anytime. If we trade in a hurry then our trading results will be less than the maximum.
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Importance of Demo Account/virtual account in Forex
gaban replied to abdulla1's topic in Forex Newbies
The demo account is very useful for traders. Because the demo account, we can practice trading without risk. If there is not a demo account, then we can not do trading with properly. So we will often experience loss. Therefore, a beginner, compulsory education in a demo account before starting trading real account- 751 replies
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- forex virtual account
- forex demo account
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The most suitable place to practice trading with a demo account is. In demo account, we can practice trading well without worrying about losing money. So that we can practice trading comfortably. In addition, we can also utilize demo contest to practice trading .
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of course, if we take the bonus from the broker then we have to be disciplined. because of the discipline so that we can utilize bonus with a maximum. So that our trading results will also be maximized. discipline is the key to success in forex trading.
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I agree with you, a mini account can be used to practice the trade after practicing on a demo account. because psychological conditions the demo account are very different from real account. so we need to train our trading psychology. with a mini account we can practice trading psychology.
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demo account is the best place to practice trading without risk of losing our money. for newbie, should practice on a demo account before trading real accounts. Because forex is a very risky business. So we need the trading skills to make profit in forex trading.
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although I have lost 20 trades, then I do not have to quit trading. Because forex is actually a very profitable business. loss is a common thing in this business. All we have to do is a lot to learn and practice trading. And conduct an evaluation to determine our trading errors and fix them. So that the loss can be minimized again.
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Leverage allows us to be able to make trades with small capital. But with leverage to create an account we also experience a loss if we can not control emotions our trading. Therefore, leverage is chosen must fit the needs of our trading.
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Importance of Demo Account/virtual account in Forex
gaban replied to abdulla1's topic in Forex Newbies
Demo account helps you to hone your trading skills well. therefore, a demo account should be put to good use. With a demo account, we can train discipline and MM our trading. So that these habits will carry over in real account.- 751 replies
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- forex virtual account
- forex demo account
- (and 7 more)
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leverage as a boomerang for our trading. because of the leverage that we choose then it could be beneficial or detrimental to our trading. with leverage the greater the risk that we face will be greater as well. because it means that our margins will be smaller so that it will tempt us to trade with a lot more.
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Is it advisable to trade on all currency pair as a newbie?
gaban replied to flybiz08's topic in Forex Newbies
of course, for beginners it is better not to trade with more than 2 pairs of currencies. especially for those who do not quite have the knowledge and experience of trading that much. because the forex risk is very high. too dangerous if we use more than a single trading currency pairs. so we can not focus on our analysis. -
we have to work hard in forex trading that can benefit from this business. and this business does have a very high risk. therefore, increasing trading ability is indispensable. we have much to learn and practice on a demo account.
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Importance of Demo Account/virtual account in Forex
gaban replied to abdulla1's topic in Forex Newbies
yes, of course, traders who do not have the knowledge and experience of trading is quite good indeed should practice first on a demo account. by practicing on a demo account so we can get the knowledge and trading experience. after enough, we can start a real trading account by making use of bonus posts.- 751 replies
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- forex virtual account
- forex demo account
- (and 7 more)
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I think experience is the most valuable teacher for our trading. With the experience we can get the most valuable lesson. To gain trading experience, then we have to do a lot of trading or follows trading contest.
- 361 replies
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- Forexmentor
- forex mentor necessity
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Is not very easy to be able to benefit from forex trading. because of the very high risk of forex. for that, we have much to learn in a demo account. With a demo account we can learn the basics of good trading. So that we can minimize risk.
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of course forex is very profitable. Because to high liquidity so we can get a lot of profit. but that is we can get if we could do a good trading analysis. to do a good trading analysis, we have much to learn and practice.
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patient, in forex we have to be patient. to be successful because this business can not be fast. we need a process. If you often experience a loss then do not cease to trade. Loss is delayed are win. You have to learn from the loss. So that the same mistake will not happens again.
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yes, in forex trading nothing can be done instantly. we need to do quite a learning trading. Because forex has a very high risk. To be able to get consistent profit we have a lot of experience and have sufficient trading learning.
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Welcome bonus by brokers - Make guaranted money
gaban replied to yogeshwartyagi's topic in Forex Newbies
The instaforex we can get a bonus post that can be used for real trading account. without having to spend their own money. This is suitable for use by traders who want to test the ability of a real trading account. if we could have a good trading skills so we can be successful in this business. -
of course, the leverage we can trade with small capital. For example, if we use the leverage of 1:1000, then we can trade with a capital of 1000 times that of our capital. And it is very profitable. But it can also be very large leverage detrimental to our trading.
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Importance of Demo Account/virtual account in Forex
gaban replied to abdulla1's topic in Forex Newbies
yes, you are right with the demo account we can learn trading platform that we will use in the real account. we also need to understand the indicators that we will be able to learn to use and analyze the market. Therefore, it is advisable for beginners to learn on a demo account first.- 751 replies
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- forex virtual account
- forex demo account
- (and 7 more)
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I agree with you, trading in a demo account does not mean we have to trade with the origin. Precisely early trading on a demo account is good. By trading in a demo account we can begin to discipline, using MM, patience, and controlling emotions. although only using vritual money, if we can use it well, it will be very beneficial for us.