I think that a person who has interest to do something in life and want to take forex trading seriously, he will try to learn every aspects and will not miss the chance to learn something. And that type of people becomes an expert trader.
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I think that a person who has interest to do something in life and want to take forex trading seriously, he will try to learn every aspects and will not miss the chance to learn something. And that type of people becomes an expert trader.
In the end many people already prove it, i also wondering for the traders that doubt about how effective this demo account for newbie, without any virtual money newbie can learn to apply one strategy so they are getting used and understand with it, and even if they make a wrong decision during progress they won't be so much burdened because they only use virtual currency.Demo accounts has already prove itself that it is an effective tool to start learning. It enables the trader to trade as if he is already trading in a real trading account. It helps a newbie trader understand how a trade is done, how it is closed, how the market flows and other stuff related to forex. In fact demo are not only used by new traders but there are also expert traders who try to use their strategy on demo accounts to see whether the strategy is good or bad.
Demo is surely a Savior, because I don't believe that any Trader can keep wasting his Money just because of learning Forex Trading in the Real Account, besides when he losses consistently, he must through-way face the other side and never to trade again on less he has more Money to waist while he keep learning Forex Real Account...which is hard to find such Trader, so Demo is a Savior.Learning would have been a lot more difficult than the way it is now if there were no Demo. I believe a lot of those who are now traders may not have had reasons to join Forex or any reason to be called Forex traders. The Demo account is much more than a saviour to the newbie.
that is very true a good forex trader must first of all start forex from his demo account as this is the right account which any trader need to use for learning purpose if you can learn then earning is impossible.Demo account also give you the chance for you to develop and test difference strategy when faced here so there is no need for any forex trader to abandon his demo account as it is the right source of learningDemo account is the basic key of learning forex. Every newcomer should start with demo account and should practice Forex in demo for at least six months. every newcomer can get lot of knowldge and skills trading with Demo.
Demo account is the basic key of learning forex. Every newcomer should start with demo account and should practice Forex in demo for at least six months. every newcomer can get lot of knowldge and skills trading with Demo.