Practicing in the Forex Market

[Alicia Lynch]

There is a lot of knowledge to be gained in the Forex market. Therefore, it is very important to practice. It is not possible to develop skills without practice.

 

[The trader]

We always advised by the senior traders and experts just for learning. but I think we the newcomers have to practice trading besides learning process. Demo account is more appropriate for them and as a learning Process newcomers can depend on Pips School.

 

[Fx Master]

All the traders we have a choice of the broker to be used , should the trader can choose a broker which is more appropriate to the concept of trading that will be used , if you love doing scalping should choose the broker that allows trading concept such as this. Otherwise it will be more difficult to survive, basically in spite of a profitable trading approach scalping don’t allow by and large regulated trading platforms in their trading brokers.

 

[Andrew McCalam]

practice is really important but if you have use demo account i think the total time can be useless. so be careful.

 

[Mark Dahl]

The demo account is the best place to practice forex trading.

 

[Kazumu Fukunaga]

The demo account is the best place to practice forex trading.

Practice is important but for that we need knowledge. Real practice happens when we apply our knowledge in practical. For that we need to study and research a lot.

 

[Davidfx89]

practice is more important no way to avoid it but honestly speaking it takes too much time , so we lost patience most of the time.

 

[Gito Dinev]

The demo account is the best palace to practice.

 

[Fx Master]

learning is important there is no way to ignore but honestly speaking any level of learning can be useless if there is no regular practice level.

 

[Oscar Shumack]

Don’t fix your trading pips and profit because it creates a burden and fixing profit is not possible in this uncertain market. So, focus on market analysis because right market analysis can provide you with the best market forecast.

 

[Oscar Shumack]

Retaining motivation for a longer time is really difficult because market condition is not the same all the time. Traders should try to cope up with the market condition to bring out better result. Proper focus on earning knowledge and technical factors is needed to improve trader’s trading.

 

[SaadBinToha]

Always go for certified brokers because these brokers allow traders with numerous trading advantages that ultimately increase traders’ return.

 

[magnum]

The demo account is the best place to practice forex trading.

Yes, I believe the same demo account should be used for practicing before we step into the real trading in the forex market.

 

[FXOpen Trader]

Yes, I believe the same demo account should be used for practicing before we step into the real trading in the forex market.

We will have to learn trading with the proper use of the Demo accounts.

 

[Eduardo Lucchese]

Greed and emotion are such two qualities that make a trader suffer in the long run. These qualities drive a trader towards trading success.

 

[Tom Latham]

learning is important there is no way to ignore but in spite of having much learning approach the result of trading can be useless if there is no regular level of practice.

 

[Madison Lopez]

Practicing trading is very important for everyone to get hands-on experience. A demo account is the finest option to start practicing on.

 

[Anie]

I will recommend newbies, to practice on a demo account first before switching to a real account.

 

[LeaseBear]

Well said! Newbies should always start their practice on a demo account before going live, study the market daily and keep themselves updated as per the market trends.

 

[Oscar Shumack]

Forex will destroy you if you are not practicing because practicing will help you retain your knowledge for a longer time in you.