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Diffrence between real & demo trading

Genom 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 Utsikter

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Forex correlation

Genom 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 Utsikter

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For Newbie

Genom 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 Utsikter

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LOSE AND PROFIT

Genom shussainviha1 Jan 06, 2023 at 14:14

ONE COMINT LOSS AND PROFITE 😄

0 Replies 452 Utsikter

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How long on a demo account

Genom 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 Utsikter

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Commission fees spread

Genom Wagscd Dec 24, 2022 at 06:24

You are welcome :)

7 Replies 701 Utsikter

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

Genom 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 Utsikter

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Greed is poison

Genom 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 Utsikter

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How often does the market change?

Genom 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 Utsikter

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Day Trading Techniques/Strateges-Beginners Guide.

Genom 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 Utsikter

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Have a plan and stick to it

Genom 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 Utsikter

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How long should I start to trade after studying?

Genom 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 Utsikter

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Is demo trading enough before real account?

Genom 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 14,146 Utsikter

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Importance of demo trading

Genom 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 Utsikter

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Newbie wannabe Trader

Genom 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 Utsikter

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how is it for "PropFirm"

Genom TANVIRMAHMUD Dec 06, 2022 at 11:14

hello, bro can you manage my FTMO ?

7 Replies 626 Utsikter

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How many pips a day ?

Genom 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 Utsikter

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Time and pracrtice.

Genom 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 Utsikter

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How to Avoid Forex Losses In Forex Trading?

Genom 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 Utsikter

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

Genom 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 Utsikter

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