there is no way to ignore the importance of demo , but we are not serious when trading , because no real money there is and no emotions for that reason.
I agree with Anderson that new traders should not start their trading with the help of signal providers. In forex is important to follow certain steps, out of which, learning is the first one. Demo account is second step. Gaining experience is third and most important one
if you hyes nice suggestion , without practicing demo account any learning approach can be useless. ave most powerful analyzing trading experience including money management , any time can be better for you
traders above all the beginners should choose the pair which is more suitable to the concept of trading that will be used , if you love doing scalping , should choose the broker which has most lowest trading spreads,
have you checked its review in online ? so many review sites right now in online , before using it practically we need to ensure its performance by review.
to become a profitable trade is a long time approach , and to keep the consistence level is more important , need a powerful money management including exact trading knowledge and experience.
Forex traders who think always its easy money-making process, at the end of the day be a loser. its not a place to make money easily within rapidly, its all about making good knowledge and experience. take it or leave it. decisions is yours. thanks
I too suggest avoiding the use of signals for trading. Using services that suggest traders to act according to them does not let the trader learn anything about trading. Decision making skills of a trader are neither tested nor developed with use of such services.
i always use demo account to see the leverage performance , this approach most of the time helps me to avoid unfortunate risk and losses when trading in a real account.
Pin bar is really popular but not for beginners, it is especially for the senior traders who are able to predict the real faction of this market with certainly by means of candlestick. According to me , who are able to make profit consistency by using this pin bar trading strategy , only they are professional in Forex.
beginners should focus on first of all acquiring basic knowledge and experience, and for that pips school is really important including a practice account of a demo.