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Bitcoinjunky

How can i start forex with no risk of money?

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If you are willing to do forex for learning then you can choose demo account and start doing trading there but it's only demo meaning you can't get profit in reality. But you can learn and then you can Invest little at first and start working for real profit. But risk is always in trading.


NOTHING I SAY IS FINANCIAL ADVICE. YOU SHOULD USE YOUR MIND ,FOR YOUR MONEY,

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23 hours ago, Ridam said:

If you are willing to do forex for learning then you can choose demo

I do not think demo account is necessary, after learning the basic, risky $10 to further learning is not bad than to trade with what is not real. 

23 hours ago, Ridam said:

But you can learn and then you can Invest little at first and start working for real profit. But risk is always in trading.

Yes, that is what I am talking about, it is the best than wasting time on demo account. 

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On 5/29/2020 at 10:55 AM, Yomose said:

Yes, that is what I am talking about, it is the best than wasting time on demo account. 

Demi account is one of the best, but starting with low amount is better because in demons, you will not be able to use the money in real life. Starting with low amount affordable to lose is better. 

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Once you anticipate price movements, your trading will be successful and achieve a lot of profits. If you feel that the euro is of little value, all you have to do is buy the dollar from the EUR / USD pair. Executing a sale order and in the end you will achieve profits or losses if your prediction is not correct so I advise you to learn how to properly anticipate before starting and put a few sums


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If you fears to take risk in forex then leave this platform, because without risk we can't do trading in forex, but we avoid this risk to trade in perfect pair and don't invest all your funds in one day, only invest some percent of amount because if we loss then recover in next day, and mostly in forex need patience to take right time to entry and follows patrons to earn profit.


 

   

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On 6/4/2020 at 11:00 PM, BitcryptoHan said:

Demi account is one of the best, but starting with low amount is better because in demons, you will not be able to use the money in real life. Starting with low amount affordable to lose is better. 

Using demo as a waste of time because you are not trading with real money, and if trading with real money, emotion can be attached that makes the trading experience to be so different. Like you said, using little amount to start is the best. 

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8 hours ago, Yomose said:

Using demo as a waste of time because you are not trading with real money, and if trading with real money, emotion can be attached that makes the trading experience to be so different. Like you said, using little amount to start is the best. 

Demo is never a waste of time, just using it to learn first, and you can also start with little amount of money after using demons account which is the best. 

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My friend, it is very difficult to work inside this field without the presence of risks, because frankly, the risks always deviate everyone
And for you, you can learn without risk by working inside the free sites that allow you to trade fictitiously for the purpose of learning and I advise you to join these sites before entering and starting work inside the real Forex sites

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There is no such thing as a trade without risk, whether in Forex or in the trading of cryptocurrencies or even in regular trading in daily life, there are always risks and you can be exposed to loss at any time, but there is a thing called risk management so that you can reduce it but you cannot To completely cancel it.

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On 1/5/2020 at 8:14 AM, Bitcoinjunky said:

I am saking if there is way of start forex with no risk

and  i can withdraw profit  earning with no heavy condition.

You need to learn about it very well and know both how to use fundamental analysis and technical analysis, but risk must be very possible but not mostly of time. 

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Indeed not possible, that is why trading platforms that ate well regulated will tell users the risks of trading, if you want to gain in trading you have to risk and during the risky you can lose. 

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There is no easy way that you can start forex without any risk. The only best way is to start with small amount but apart from that you will lose a large amount.

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I have not yet tried of Forex trading but it seems there's a lot members who uses it. I still not confidence to invest on Forex because i still seeking a pure things to consider to help me in trading. So that I will not losses my funds.

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One of the ways to trade without risking money is simply to practice with DEMO accounts. You can also participate in various airdrops of new currencies and use them to capitalize the account.

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2 hours ago, SOLCITO said:

One of the ways to trade without risking money is simply to practice with DEMO accounts. You can also participate in various airdrops of new currencies and use them to capitalize the account.

Agree, with DEMO account you dont have any risks, you can practice your strategy, and then start with small amount of money (free money). Remember, 70-80% retail traders lose their money.

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The best tip that i can give to all it's to choose two or three (2-3) profesisonals to learn from, in Youtube you can find a couple of them with a very long experienced in the crypto-business.The trick is in not jut receiving all what they give to you but adapting their strats to your goals and personal objectives. Hope this helps someone.

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There is no legal way to make a profit without risking a capital, the only thing you can do is practice in the beginning on a demo account while you learn and gain experience.

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If you are going to do forex trading for a full time. You need to give yourself some time for practise on demo account and researching about this topic. Are you going to day trade? or long term? 

 

Know your risks and be aware of big trade losses.

Only trade what can you afford to loose.

Good luck.

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In order to be able to win in Forex, you have to manage your capital.
Entering into transactions with plots commensurate with the capital and do not take risks.
Try to trade with the trend, especially if the trend matches your analysis, and do not hobble the market.

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Take it a rule in this field that you must lose in order to win, but you must learn from your loss well so that you can achieve profits, and the important thing is to learn Forex well before starting it and move away from the channels that give recommendations and rely on yourself in the analysis

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I think that the best way to star forex without risk is doing by simulating the situation with some apps like IQ-Option and others.

 

It is not lucrative, know, cause is fake money, but in the same way you don't lose any real money neither.

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First of all, you need a very good trading platform then you can start with a demo account to see how you'll fair in the trading market , if you're happy with your progress you can then go ahead and start trading in your real account.

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 The following lines will provide you with basic recommendations related to this mission:

 1- Create a trading plan

 When a trader expects the market to go up, he or she will usually say something like this: "I think the price of EUR / USD will reach $ 1.3000; at which level should I buy?"  So the answer is: "How much risk do you bear in trading? Or, in other words, when will you exit the trade if your expectations are not correct?"  This response usually comes with surprise to the trader;  He never thought that he might be wrong or considered at what level to place a stop loss.

 Most traders don't have a plan, meaning that they don't know what to do if they turn out to be wrong or right.  And how big profits on paper turned into a huge loss in reality for no reason other than because they don't know when to exit the deal.

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You must choose the platform and company that you will work with carefully, as for the rest, it remains a matter of being familiar with the basics of technical analysis, as well as knowing how to divide your capital..

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