Recent content by Bear Motion

I don’t consider demo trading to be dull rather it provides the beginners with better understanding of the market as well as of the platform before starting live trading without risking any real money.

One can always overcome the fear of trading with the proper knowledge, it is better to learn from the mistakes, understand the Forex market so that you can trade effectively without being afraid.

One of the harmful emotions that can definitely ruin the trading is impatience and getting greedy to make quick profits. It is always better to trade with a proper strategy so that the emotions can’t rule your skills.

It is normal to develop fear and greed but one should always learn to avoid them. Proper knowledge can definitely help you in overcoming the greed as well as any sort of fear.

I believe that one should practice on demo accounts until he gets aware of the platform as well as of the market and feel confident enough to make live trades.

Yeah, I agree. Being a beginner, it is important to come well prepared with the basic knowledge of Forex and also, Babypips is one of the great ways to start. It provides Forex learning in a detailed and easy manner.

Forex market is definitely risky as the market keeps changing, it has its own market conditions and concepts which a trader needs to understand otherwise they will only get losses.

I believe that lack of knowledge and getting impatient are the major factors of losses in the Forex market.

Beginners should better come with the basic knowledge of Forex trading. It is always preferable to practice on demo accounts to gain sufficient skills. Apart from this, they should watch Forex news daily to get the better analysis of the market.