e_abrams Posted July 31, 2021 Posted July 31, 2021 The best way to avoid getting scammed is to pick a broker that has a proper license from a reliable regulator. No offshore zones, no unregulated companies. Quote
Leander Posted August 6, 2021 Posted August 6, 2021 Forex live trading experience is important because trading only in demo cannot help you grow or build new skills. Forex trading is about constantly changing patterns of your trade. A trader with live experience will know when to trade, which time frame is the best and what strategy to use; the trade will also know how to manage the losses due to previous live trading loss experiences. Quote
e_abrams Posted August 6, 2021 Posted August 6, 2021 Certainly. But demo has its place and its uses, it's just not enough. Quote
Upoctin Posted August 10, 2021 Author Posted August 10, 2021 Experience is the most important thing in forex market. Knowledge is key and without knowledge you cannot achieve your goals. Experience comes with time and makes you experience trader. Quote
FXOpen Trader Posted August 16, 2021 Posted August 16, 2021 On 8/10/2021 at 7:27 AM, Upoctin said: Experience is the most important thing in forex market. Knowledge is key and without knowledge you cannot achieve your goals. Experience comes with time and makes you experience trader. We will need to increase our trading skills so that we can make more income from the Forex markets. Quote
Vaabum Posted October 24, 2021 Posted October 24, 2021 The experience and level of knowledge in trading plays an important role. At least, when I started working with a broker from ExpertOption, I initially used a demo account to get the necessary knowledge. Quote
FXOpen Trader Posted October 26, 2021 Posted October 26, 2021 On 10/24/2021 at 3:00 PM, Vaabum said: The experience and level of knowledge in trading plays an important role. At least, when I started working with a broker from ExpertOption, I initially used a demo account to get the necessary knowledge. I am doing my Forex Trading with the International Broker FXOpen They have Low Spreads in Gold and Forex Pairs with USD. Quote
Vaabum Posted October 30, 2021 Posted October 30, 2021 Experience is one of the most important indicators of a trader. As for me, this is what you should pay attention to. Quote
fxoops Posted November 4, 2021 Posted November 4, 2021 As the saying goes: "practice makes it perfect". You can't underestimate the value of experience. Quote
Vaabum Posted November 4, 2021 Posted November 4, 2021 Trading experience plays one of the key roles. When I started working in this industry with a broker from ExpertOption, I spent a lot of time to get experience of working on a demo account. Quote
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