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Upoctin
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Everything posted by Upoctin
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A demo account is a kind of trading practice account. they helps us increase our knowledge about trading.they allows you to practice day trading with a widly range of financial instrument.
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1. Through demo trading you can learn different forex techniques 2. You can test different trading strategies 3. You can identify the reasons for your loss and correct it 4. You can test the effectiveness of a new EA or indicator.
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In fact forex trading not easy and all the people think that forex is money machine but in fact this trading may give you huge money but after learning the secret of the earning .forex trading attract all the people to trade and achieve their goals but after training and practice on demo to save their money and survive.
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Forex is a good and very excellent business and if you want to get good and maximal profit in it you must learn it before start and should gain good knowledge and skills.
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Forex is a good option to make money for your living but always remember you can not succeed in forex if you have no knowledge and skills.
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Do your trading first. This is the strangest and most dangerous time of the market right now, and trading profitable for current trade risks (such as the possibility of hyperinflation) is not a safety net. Three weeks is not enough.
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Learning is very necessary to gain some good knowledge about forex. Forex is a great online business and we can succeed in it if we have no knowledge and skills. So always learn and earn is the best practice in Forex.
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Yes, Forex is the most common platform to make money online in 2020 due to this COVID-19 sitution and people want to make money sitting home. So Forex is becomming more and more popular and people are more interested to make money online.
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Forex trading is a very risky business. If you want to be successful in Forex, you have to test your patience. If you are not patient then it is not possible for you to be a successful trader in Forex. So learn to be patient and don't lose patience if your trade goes in the opposite direction, wait and you will benefit. Remember that patience is the key to success.
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Do you learn trading by yourself or from a mentor?
Upoctin replied to Levie's topic in Forex General Discussion
Yes, I have learnt my trading myself with the help different Forex related youtube channels and watching their different videos about Forex. Also read some good ebooks and articles to expand my knowledge. -
For finding and choosing a good and reliable broker you must have good searching skills over internet and you can find good broker after reading some reviews about different brokers at different reviews sites. Always choose a broker with good online reputation.
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The lowest spread is usually peculiar to the most popular instruments Floating changes in this type of spread regularly and completely depend on the situation on the market at the moment. This spread is not profitable in some strategies, and it can as well significantly hamper their testing., trading spread is a very important issue.
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Many trading stratagems: which one to choose?
Upoctin replied to Gee Dee's topic in Forex General Discussion
I think you should several strategies and test them on demo account and which stretegy works you should trading with it and try to make profit. -
Any broker having Payeer deposit option?
Upoctin replied to Anne Morris's topic in Forex General Discussion
I think there should be no problem with withdraw and you can withdraw with any withdraw method. -
To me do not start trading without proper knowledge and skills.
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Do not forget to start trading with demo account to practice more and more and after doing some practice you will can start real trading with real investment.
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Forex is a global market and you can trade sitting anywhere in the world and you can make good profit if you have good skills.
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Earning in Demo account is easy.
Upoctin replied to PROPENSITY100's topic in Forex General Discussion
In fact forex trading not easy and all the people think that forex is money machine but in fact this trading may give you huge money but after learning the secret of the earning .forex trading attract all the people to trade and achieve their goals but after training and practice on demo to save their money and survive. -
If we have a good knowledge about Forex trading business and we work with patience in this business we will earn a lot of money.so knowledge and patience are most important things in Forex trading business.
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Emotion is important component of our life. Every where it has influence and effect but majorly in forex trading. if we avoid it's influence then not possible to handle Forex business. so we have to reduce emotion by demo trade and real trade. Am i right?
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What is the best Forex signal Telegram group?
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Great broker with good trading conditions. It provides good customer support and good trading circumstances to its customers.
- 124 replies
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- justforex review
- justforex.com
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Demo trading is just a preparation to give us a clue of how the market works in real time. The fact is that in real trading emotions can hunt the trader. That's why it is good to start with a low amount.
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A good trader must avoid greed in forex and every business if you make money in this market we need to invest here our time properly because you not give time forex trading you never gain here it a necessary for learning about forex we need to make some schedule or work with targets that is the best way off success in forex market to become successful trader.
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There are many platforms available for cryptocurrency transactions and you can find them at Google.