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Vaabum
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Everything posted by Vaabum
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Newbie Trading in Demo Account , But For How Long?
Vaabum replied to kiranchandra's topic in Forex General Discussion
Until the trader himself is confident in his abilities -
I believe that such a scenario is quite realistic. It is important that the trader takes this seriously.
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There are really a lot of risks in trading. When I started working with a broker from ExpertOption, I studied on a demo account to minimize risks.
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To obtain such a result, a trader must make efforts on himself and try to improve his performance.
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Losses in trading can be quite normal, but you should still avoid it. I use a broker from ExpertOption for work, and to avoid losses I use training on a demo account.
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I usually put it at the breakeven point.
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These are two completely different things. In general, I do not even advise you to compare them.
- 76 replies
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- forex v/s gambling
- forex or gambling
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In my opinion, there is not much difference between the platforms right now. The main thing is that the broker is reliable.
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How to protect and secure your Forex trading business.
Vaabum replied to Lin5878's topic in Forex General Discussion
The best option is when the trader is ready for a particular situation. In this case, it will be much easier to make a decision, and most importantly, it will be safe. -
Newbie Trading in Demo Account , But For How Long?
Vaabum replied to kiranchandra's topic in Forex General Discussion
The most important thing for a beginner is to pay attention to working on a demo account. I think this is really a very important aspect. -
The most important thing is to work out problematic issues on a demo account. I find that newbies often miss this.
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I sometimes use several companies for work that provide high-quality working conditions.
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The best option is to work on a demo account. At least when I worked on a demo account of the broker ExpertOption, I did just that.
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It is really important for a trader to be able to manage risk. As for me, this is really important. I tried to gain such knowledge when I worked on a demo account with a broker ExpertOption.
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To be honest, for me this is not a matter of principle. I know there are quite a few couples, but I don't really care about that.
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The broker may have plenty of them. But do you need to work with everyone?
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How to protect and secure your Forex trading business.
Vaabum replied to Lin5878's topic in Forex General Discussion
This is best done when the trader has enough experience. As for me, this is the most correct option for a trader. -
As for me, it is quite a convenient platform for work. At least for me, there are simply no special differences from MT5.
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Newbie Trading in Demo Account , But For How Long?
Vaabum replied to kiranchandra's topic in Forex General Discussion
It is really possible for a beginner to initially work on a demo account and this is very important. When I started working with a broker from ExpertOption, I also devoted a lot of time to working on a demo account. -
What should leverage be and is it important to take leverage?
Vaabum replied to Upoctin's topic in Forex General Discussion
Sometimes it can also be quite risky if the trader does not have enough experience. -
Trading may well be the main job, but it requires a lot of work experience and a set of knowledge. For this, when I started working with a broker from ExpertOption, I used a demo account.
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Trading is also a risk, and a rather high risk. This is important to understand. So, when trading, you should be careful and work carefully.