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New Traders Forum

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Diffrence between real & demo trading

By fxking1 Dec 10, 2013 at 21:24

The main differences between the two are as follows:-Real Account: A real account is a trading account that is used for trading with real money. It involves depositing funds into the account and using them to buy and sell assets in the market. As a result, any profits or losses incurred in a real account are actual and can affect the trader's f...

61 Replies 4,236 Views

Last post by paulajen Feb 17, 2023 at 05:56

Forex correlation

By tostyleun Jan 15, 2023 at 06:30

Thank you so much . Yes i am sticking to the pair i am trading in . It can get a bit uncomfortable when u look at corelated stocks but in time i think i will get used to it.

3 Replies 571 Views

Last post by tostyleun Jan 17, 2023 at 19:54

For Newbie

By Michihito Oct 19, 2020 at 06:50

How do you think how to choose broker ? maybe you have a your list of top5 ? or you have only one broker?

67 Replies 3,860 Views

Last post by vikailjina Jan 12, 2023 at 12:04

LOSE AND PROFIT

By shussainviha1 Jan 06, 2023 at 14:14

ONE COMINT LOSS AND PROFITE 😄

0 Replies 452 Views

Last post by shussainviha1 Jan 06, 2023 at 14:14

How long on a demo account

By chesterjohn Apr 21, 2018 at 12:17

I Demo traded for a year in 2005. Even as a professional account manager, i still connect my Live trades to Demo account and use it to tweak daily, As i can not connect my live accounts managed in public, not only due to the size, But i like just being on lowkey.

198 Replies 11,052 Views

Last post by forex_trader_3132761 Jan 05, 2023 at 11:22

Commission fees spread

By Wagscd Dec 24, 2022 at 06:24

You are welcome :)

7 Replies 701 Views

Last post by Phorbic Dec 30, 2022 at 09:12

How long does it take one to be consistently profitable with forex trading

By MokgadiMafa Apr 21, 2022 at 08:33

Personally I feel that everyone should practise in a demo account until they learn trading skills irrespective of the time it takes. Rushing the process will not be beneficial to you. Proper practice will assist you in honing your skills and getting ready for later trading with real money.

49 Replies 3,405 Views

Last post by jambeau Dec 29, 2022 at 11:45

Greed is poison

By Dictiony Apr 05, 2020 at 01:19

Too much greed can lead to impulsive or risky decisions. Moreover, when traders are driven by greed, you may be more likely to take on excessive risk or to ignore potential warning signs in the market. This can increase the chances of losing money, and can ultimately undermine the long-term success of a trading strategy.

74 Replies 4,517 Views

Last post by binarysumo22 Dec 28, 2022 at 06:29

How often does the market change?

By socks Nov 30, 2015 at 08:11

The market changes very frequently. The knowledge when to change your strategy according to market conditions comes with experience. But I must say to beginners that when you cannot find the right price range or favourable condition for your strategy to make a profit, for at least a maximum of 3 months, it's time to make changes and modify your...

28 Replies 2,287 Views

Last post by Potatory Dec 28, 2022 at 06:21

Day Trading Techniques/Strateges-Beginners Guide.

By forex_trader_1786937 Sep 23, 2020 at 14:48

Hi there! As a newbie, I advise you first learn about the forex market before you start trading. Fundamental analysis means analysing news relating to social, economic, and political fields that can directly or indirectly affect the price movements of the currency pairs. On the other hand, technical analysis means observing a wide range of historic...

22 Replies 1,910 Views

Last post by Potatory Dec 23, 2022 at 09:55

Have a plan and stick to it

By chrish9070 Apr 10, 2016 at 18:42

Yes, it can be challenging at first. But if beginners are determined enough to trade according to their plan and are consistent in their approach, they will profit.

78 Replies 4,303 Views

Last post by Vomitoryy Dec 20, 2022 at 11:42

How long should I start to trade after studying?

By Miki_Bao Aug 20, 2019 at 10:22

Yes I practised in a demo account and every trader should do that too! I believe it is one of the most crucial steps in the trading journey. It helped me strategize my moves, gain experience, and sharpen my trading skills without putting any real money at risk.

76 Replies 4,701 Views

Last post by jambeau Dec 20, 2022 at 10:48

Is demo trading enough before real account?

By lucie_fxtrader Dec 30, 2015 at 14:46

Demo trading is an excellent way to hone your trading knowledge and skills. You can also try out different trading strategies to see which ones work best for you. Definitely, this will prepare you for live trading. However, keep in mind that results on a demo and live trading accounts rarely match. So when entering into live trading, start small.

283 Replies 14,147 Views

Last post by Salsitude Dec 19, 2022 at 11:29

Importance of demo trading

By Mohammadi Oct 17, 2017 at 06:32

Before trading on a live account, trading on a demo account makes a trader learn how to interpret charts and analyse the market. It also helps traders with learning trading psychology and risk management and refining their trading strategy.

128 Replies 7,217 Views

Last post by Vomitoryy Dec 16, 2022 at 09:30

Newbie wannabe Trader

By chachaman Jun 05, 2020 at 01:55

Having technical and fundamental analysis skills are very important for trading the market. Long- term trading depends more on Fundamental approach whereas, short term trading depends more than technical approach.

63 Replies 4,013 Views

Last post by Bransle Dec 12, 2022 at 10:36

how is it for "PropFirm"

By TANVIRMAHMUD Dec 06, 2022 at 11:14

hello, bro can you manage my FTMO ?

7 Replies 626 Views

Last post by RumayatMuqtadir Dec 09, 2022 at 02:44

How many pips a day ?

By walpandree Nov 09, 2018 at 10:47

Every tradershouldrely on multiple strategies at a time to confirm a signal. But traders are hardly fond of it.

117 Replies 7,474 Views

Last post by Akasuki Dec 05, 2022 at 09:38

Time and pracrtice.

By Imamul Mar 08, 2019 at 09:00

The holding time of a trade is directly connected to the trading styles! Swing traders need to hold their trading positions for a while; so it’s not a bad option!

76 Replies 4,592 Views

Last post by Baccasa34 Dec 05, 2022 at 07:59

How to Avoid Forex Losses In Forex Trading?

By tts_markets Aug 04, 2020 at 11:48

Broker choosing is a brain-churning issue for those who have large amount of capital and want high security from a broker.

63 Replies 3,983 Views

Last post by Baccasa34 Nov 26, 2022 at 09:07

New trader here! Can we do funding and withdrawals with multiple currencies?

By garrychristians Oct 15, 2020 at 09:38

Depends on the broker, I'd reach out to anyone you're considering or you're current broker to get a specific answer.

22 Replies 2,261 Views

Last post by HeavLeighGill26 Nov 17, 2022 at 19:01

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