Education is the most important part of forex trading. Without skills and knowledge, it's not possible to make money here. Without skills, trading becomes gambling.
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Practicing on a demo account will improve your trading knowledge while also encouraging and boosting your self-confidence.Trading on a demo account helps one explore the market practically. That is crucial and is a way to educate and get involved in the forex market for live trading. Without education, it is really risky to trade forex and trading without knowledge must be avoided at all costs.