Take your time on the demo account

[rahmi777 320]

Take your time in the demo account and do not rush because the point of success and failure factors starts with the demo account. Improve yourself and do not rush to open a real account 

[joemcgwa 3227]

Sometimes when beginners are using demo accounts without learning, they might be winning mostly of their trades without any experience, so this sometimes makes newbies to hope that they already expertise of the forex market.

[guatazoo 7150]

But when you are spending your time into the demo trading you must be very interested on learning and gaining, because otherwise you can believe thats you already be expert while not. 

[huesca123 946]

On 11/17/2020 at 9:58 PM, rahmi777 said:

Take your time in the demo account and do not rush because the point of success and failure factors starts with the demo account. Improve yourself and do not rush to open a real account 

A good rule to follow when your 1st starting out in a demo account, is to double your demo account before opening a real / live account. Also, use a position size calculator, to find your entry price, stop lose, take profit, etc. BabyPips has a good position size calculator, its what I use. Follow these 3 points to become a more profitable trader - Discipline, Patience & Money management.

 

Good Luck.

[clara66 4]

Thanks for the advice.One need to take quality time to master the principle in Forex trading very well with the demo account before opening a real account to avoid loss due to inexperience.

[George10 9932]

On 11/17/2020 at 10:58 PM, rahmi777 said:

Take your time in the demo account and do not rush because the point of success and failure factors starts with the demo account. Improve yourself and do not rush to open a real account 

You have a good point and advice to beginners in trading my friend it's important for them to begin and perfect their trading knowledge on demo account and if possible make or generate a strategy right there and then apply it on a real account when you have proven it's performance to be awesome.

[Ameralsamt 2558]

Yes, my friend, of course all new beginners and beginners in forex trading should start and learn all trading methods in the demo account and forex market, because it teaches them the most important principles and principles in the Forex market.