emetserg Posted October 21, 2021 Share Posted October 21, 2021 Hi Guys. So I have been searching at the babypips forum and recently started using forex tester 5 for learning before I proceed over to the live account. I really want to avoid the figure of 90/90/90… i.e. 90% of traders lose 90% of their capital in the first 90 days… pros Interactive course within forex tester describes basic topics in the forex market and helps out step by step on how to start the simulation. After studying forex topics I was able to interactively and immediately apply my new knowledge in practice using a single tool. I tested my first forex strategy on 2 years of historical data (it took me only several minutes) and realized that it is far from being profitable on a consistent basis, so I am working on the improvement of my trading skills before losing real money cons currently the education section is available for beginners only and there will be intermediate and advanced sections added in the future I hope Well these are my real experiences. Perhaps it will be useful to you. You can go and buy thousands of dollars of courses but they want help you as much in beginner concepts. And 9 out of 10 of these programs are worthless or scam so goodluck in finding one. https://forextester.com Quote Link to comment Share on other sites More sharing options...
Vaabum Posted October 22, 2021 Share Posted October 22, 2021 Most often, courses do not give the result that a trader would like to receive. Rather, it’s just an opportunity to learn something, but for money. Quote Link to comment Share on other sites More sharing options...
emetserg Posted October 23, 2021 Author Share Posted October 23, 2021 20 hours ago, Vaabum said: Most often, courses do not give the result that a trader would like to receive. Rather, it’s just an opportunity to learn something, but for money. The course built into the forex tester is free. Its main feature is that it allows you to apply the knowledge gained in practice immediately. For a beginner, that you need Quote Link to comment Share on other sites More sharing options...
Vaabum Posted October 23, 2021 Share Posted October 23, 2021 For me, the demo account of the broker ExpertOption turned out to be the most convenient option for training. At least I was able to really get the necessary knowledge and skills Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted October 26, 2021 Share Posted October 26, 2021 On 10/23/2021 at 9:55 PM, Vaabum said: For me, the demo account of the broker ExpertOption turned out to be the most convenient option for training. At least I was able to really get the necessary knowledge and skills If we are going to make use of the Demo trading accounts then our income from such trading will get increased. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted October 26, 2021 Share Posted October 26, 2021 To be honest, the best option for learning Forex is a demo account. As for me, this is the most correct option. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted October 27, 2021 Share Posted October 27, 2021 22 hours ago, Vaabum said: To be honest, the best option for learning Forex is a demo account. As for me, this is the most correct option. I am doing my Forex Trading with the International Broker FXOpen They have Low Spreads in Gold and Forex Pairs with USD. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted October 28, 2021 Share Posted October 28, 2021 The best way to test Forex is to work on a demo account. As for me, this is the most optimal option. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.