pepy Posted June 6, 2013 Share Posted June 6, 2013 I think best place to learn about Forex is to open a demo account and make practice by the demo account. It give opportunities like real account and it give high amount of free money to practice. There are many sites online who are giving demo account. Yeah i agree with you, but you know now i think the best way to make practice of forex is real account with very low deposit amount , why? in real account you will have an factor which is not exist in demo account called fear, greedy, and other psychological thing. so that is why i called it as the best place. Quote Link to comment Share on other sites More sharing options...
budado Posted June 6, 2013 Share Posted June 6, 2013 Having a demo account really helps a lot. I'm sure in two to three months time with continues trading you can actually end up making good income in forex in the long run. I do hope that in two to three years time I can reach 1,000 dollars a month earning. You see in forex trading its all about making some goal and try to achieve that goal. Because this is the only way we can actually make profit in forex. Quote Link to comment Share on other sites More sharing options...
gaban Posted June 11, 2013 Share Posted June 11, 2013 Trading using a demo account is one of the stage / process that must be followed by people who want to trade in forex. We should use this account as well as possible so if we have trade with real account, we will not find difficulty. Only one thing that can't be learned with demo account, it's psychological. So i think, it's not a wrong thing if we also take advantage of no deposit bonus if our broker offers it. Quote Link to comment Share on other sites More sharing options...
kaito kid Posted June 24, 2013 Author Share Posted June 24, 2013 I guess for a beginner enough with $ 5 only. fortunately, gave free FBS. although small nominal, traders tested the patience and the use of money management to be more skilled. so traders can better understand and experience in forex trading  Access to FOREX market is Direct Requote No Order Execution Requote are Guaranteed Time of execution is under 1 sec Trading strategies is No restrictions Scalping is No restrictions EAs (Robots) is No restrictions News trading are Allowed Quote Link to comment Share on other sites More sharing options...
gaban Posted July 1, 2013 Share Posted July 1, 2013 Having a demo account really helps a lot. I'm sure in two to three months time with continues trading you can actually end up making good income in forex in the long run. I do hope that in two to three years time I can reach 1,000 dollars a month earning. You see in forex trading its all about making some goal and try to achieve that goal. Because this is the only way we can actually make profit in forex. Â Yeah, we can get many benefits if we can use demo account as well as possible. We can understanding the workings of the platform we are going to trade live money with, studying and learning the behavior of the many indicators available and how changing the settings can affect our trade setups, etc.[/left] Quote Link to comment Share on other sites More sharing options...
uncle gober Posted July 9, 2013 Share Posted July 9, 2013 Having a demo account really helps a lot. I'm sure in two to three months time with continues trading you can actually end up making good income in forex in the long run. I do hope that in two to three years time I can reach 1,000 dollars a month earning. You see in forex trading its all about making some goal and try to achieve that goal. Because this is the only way we can actually make profit in forex. Â Demo account provide many benefits for us, especially for traders who can use it well. And someone who wants to trade in forex, should use this demo account first. We can learn a lot of things, which is also the basis of our trading we will use later. Quote Link to comment Share on other sites More sharing options...
gaban Posted July 11, 2013 Share Posted July 11, 2013 Â Demo account provide many benefits for us, especially for traders who can use it well. And someone who wants to trade in forex, should use this demo account first. We can learn a lot of things, which is also the basis of our trading we will use later. That's right, a lot of things that we can learn with a demo account, even though we could not test our psychological trading using a demo account, but I think the demo contest can be used as an alternative to the psychological test. Quote Link to comment Share on other sites More sharing options...
shoaybkhan Posted July 29, 2013 Share Posted July 29, 2013 Demo practices or the virtual markets may be? Quote Link to comment Share on other sites More sharing options...
gaban Posted July 29, 2013 Share Posted July 29, 2013 Demo practices or the virtual markets may be? Â The difference of demo account and real account is in a server which is used by traders. And we use virtual money if we use demo account to trade, but basically if we wanna make profit using demo acount, we need to make analysis such as when trading using real account. Quote Link to comment Share on other sites More sharing options...
zef316 Posted August 6, 2013 Share Posted August 6, 2013 I just know that mt5 forum is the best place for working in forex. They provide you accumulated bonus on your created post so you can earn profits and start tradings with instaforex accounts as they deposited your earned bonus in the same. Quote Link to comment Share on other sites More sharing options...
gaban Posted August 10, 2013 Share Posted August 10, 2013 I just know that mt5 forum is the best place for working in forex. They provide you accumulated bonus on your created post so you can earn profits and start tradings with instaforex accounts as they deposited your earned bonus in the same. Â I also try to take advantages of forex forums, include mt5 forum. Beside get experience, we also get bonus that can be used to trade with InstaForex. I also see there are several brokers which offer forum posting too. We should utilize well. Quote Link to comment Share on other sites More sharing options...
budado Posted August 15, 2013 Share Posted August 15, 2013 I have right now 10 trading account and one demo account. I still do believe that I can maintain and sustain my 10 accounts because of my demo account. I guess without any demo account I will not going to sustain and maintain my account in forex. I do believe that I will going to end up making one good income one after another in here. I'm sure I will become a successful trader in here in the right time. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted August 18, 2013 Share Posted August 18, 2013 Demo account is good place to make pratictice in forex trading, because we will get basics of trading and trading experience. For get more trading experience, we can take part in demo contest or we also can take advantages of no deposit bonus such as 15EUR welcome bonus from Armada Markets. Quote Link to comment Share on other sites More sharing options...
gaban Posted August 21, 2013 Share Posted August 21, 2013 Demo account is good place to make pratictice in forex trading, because we will get basics of trading and trading experience. For get more trading experience, we can take part in demo contest or we also can take advantages of no deposit bonus such as 15EUR welcome bonus from Armada Markets. Â For starters, you should not directly start using the real account. try to learn first using a demo account that has been provided by the broker, for example, just instaforex. This is useful so that you do not lose substantial funds. And can increase your knowledge about forex trading. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted August 21, 2013 Share Posted August 21, 2013 Â For starters, you should not directly start using the real account. try to learn first using a demo account that has been provided by the broker, for example, just instaforex. This is useful so that you do not lose substantial funds. And can increase your knowledge about forex trading. Â Of course, it is too risky, especially for people who do not have knowledge and never learn about forex in advance. now each broker has provide demo account, even some brokers offer free capital. Armada Markets also offers to their client. There are many sources that we can use to get knowledge in forex trading. Quote Link to comment Share on other sites More sharing options...
kaito kid Posted August 21, 2013 Author Share Posted August 21, 2013 demo account is a virtual account for traders who still doubt his ability to carry out forex trading. thus, the demo account is an account for practice, but if you want to feel the real forex trading. http://www.fbs.com give free account for $ 5 with easy terms. Â other than that there are monthly demo contest with prizes totaling $ 1,000 for the top five traders. please look at http://www.fbs.com/fbspro Quote Link to comment Share on other sites More sharing options...
budado Posted August 21, 2013 Share Posted August 21, 2013 I guess its can't be disputed that its in demo account that we need to practice in order to become a successful trader. I do spend three months in demo account before I even try real account. I do believe that its in demo account that we can earn and make good income. Eventually we all going to become a successful trader some day. I do believe that its in demo account we can save money while we learn also. Quote Link to comment Share on other sites More sharing options...
gaban Posted September 2, 2013 Share Posted September 2, 2013 Of course, the demo account is very useful for anyone. A trader who is reliable, they also practice using a demo account first. learn trading does require a long time. That we need to learn a lot in this business. For example: the selection of a suitable leverage for our trading, indicator selection, etc.. By learning to use a demo account, we are not going to lose a lot of money. Quote Link to comment Share on other sites More sharing options...
humanhope Posted September 9, 2013 Share Posted September 9, 2013 Even though demo account not use real money, important to traders serious when practice in demo account. Treat demo account like if they trade in live account will give the best result in their practice. Sometimes traders able to get good result in demo account but unable to do same in live account and the answer for this problem is seriousness Quote Link to comment Share on other sites More sharing options...
Samar Posted September 9, 2013 Share Posted September 9, 2013 Using a demo account is the place to practice because we all know that we can experience forex trading without needing to spend any single penny. So, you have nothing to lose when you are trading with your demo account and yet you are getting experiences from your demo account. Quote Link to comment Share on other sites More sharing options...
RodWell Posted September 10, 2013 Share Posted September 10, 2013 I think that our experience in trading is the most significant to find other learning we will have in forex. Not all knowledge can just be found in only the reading but also when we do or implementation and application of such. It's the hands on learning where we usually understand more the market that we can't write down or explain well. Quote Link to comment Share on other sites More sharing options...
budado Posted September 10, 2013 Share Posted September 10, 2013 I guess theirs no other place to practice but in demo account. But if we have good amount of money to spare I do suggest real account. In here we can practice our trade and our emotions as well. I know those who are successful in demo account still have hard time adjusting in real account simply because they don't have any practice of losing so when they trade in real account they get emotional. Quote Link to comment Share on other sites More sharing options...
sakai Posted September 11, 2013 Share Posted September 11, 2013 Practicing is very useful, while practicing we may be trying different techniques and so may make losing trades most likely, and for that reason demo accounts are best way to make practice until you get confidence enough to trade on real account. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted September 12, 2013 Share Posted September 12, 2013 Practicing is very useful, while practicing we may be trying different techniques and so may make losing trades most likely, and for that reason demo accounts are best way to make practice until you get confidence enough to trade on real account. Â We also hone our trading skills and get trading experience. It would be useful if we want to make evaluation. And i think, beside we make practice, we should test our trading skills to. Trader of The Month from Armada Markets can be place to hone our trading skills. Quote Link to comment Share on other sites More sharing options...
euro Posted September 15, 2013 Share Posted September 15, 2013 This sounds awesome, please do contact me in future for more promo like this. I like to do demo contest a lot cause I'm not risking my own money but I just love promo overall. Now, its kind of bad since I can open account for US clients only so if you're accepting US clients then do pm me for it. I will sign up and play for sure. I'm from US and can only participate in such a company but any referral is welcome and I will click on them for contest. Quote Link to comment Share on other sites More sharing options...
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