Is is best to start learning forex from demo trading?

[Immilash]

That's right, if you have a good experience on how the both of them work's then you can earn money with forex trading, you also need to have decipline.

Decipline is very important in this life, know matter how experienced you are if you don't have discipline you'll definitely suffer, having a good discipline is the best way out.

 

[Ofonime6]

Demo account is the right place which anyone can start from if you start trading forex direct in your real trading account you may get your account blown up but rather what you need is for you to spend some time learning first in the demo account for atleast six months

 

[Floura]

Decipline is very important in this life, know matter how experienced you are if you don't have discipline you'll definitely suffer, having a good discipline is the best way out.

In every expects of our lives, not only online we need decipline, if you don't have discipline you'll definitely suffer, you might even lose a lot of things.

 

[Immilash]

In every expects of our lives, not only online we need decipline, if you don't have discipline you'll definitely suffer, you might even lose a lot of things.

I agree with what you said, if you are not a deciplined individual you'll definitely lose a lot of money chasing the wrong thing, if you want to succeed you need to develop the idea of decipline.

 

[Floura]

I agree with what you said, if you are not a deciplined individual you'll definitely lose a lot of money chasing the wrong thing, if you want to succeed you need to develop the idea of decipline.

If you are not deciplined you'll be doing alot of crazy things, that's why you have to chase knowledge before you can even think about earning money, this the first step you need to take.

 

[Monster Masterpiece]

Using demo account in other to start or learn how to trade forex is such a nice idea, I wonder why some people use real account in other to practice forex trading

You need a tutor even with you as to guide you and try demonstrations in demo forex account you cannot learn everything yourself without help of teacher or tutor at forex trading. This is required.

 

[Syldan]

Actually there is always a starting point for everything and it needed a gradual process of developing. demo can really helped you build some skills for yourself that will really helped you in forex trading.

 

[Georgeadawara]

Actually there is always a starting point for everything and it needed a gradual process of developing. demo can really helped you build some skills for yourself that will really helped you in forex trading.

Yes in everything you do it's very important to start from the starting point, meaning it's very important to know the basic concept and using the demo method of trading.

 

[Immilash]

If you are not deciplined you'll be doing alot of crazy things, that's why you have to chase knowledge before you can even think about earning money, this the first step you need to take.

That's true, I have once experienced this, especially if you lose money in forex trading you'll like to get it back, if you lose money in trading you don't rush to get it back.

 

[GoldenLady]

Trading on demo is quite different from trading on a live account.
This is largely due to the fact that emotions of loosing your capital can clog up your decision making process thereby resulting into even more losses.
Is it advisable to demo trade?

Trading demo is good. As a newbie, Yiu get a feel for the market but it shouldn't be for long. The reality is that there are more factors at play in a live trade especially the emotions involved.

 

[Floura]

That's true, I have once experienced this, especially if you lose money in forex trading you'll like to get it back, if you lose money in trading you don't rush to get it back.

That's true, if you lose money in trading, you don't have to recover that lose In that day, we recover loses little by little, if you try to force it you'll definitely hurt yourself.

 

[Bigron]

it is always very important for newbies to use demo account before venturing into trading. This is because it will acclimatize them on how trading actually works. I think greed is one of the major reasons so many people go into Forex or crypto without much knowledge.

You have really said the right thing. An insatiable desire to get rich quick is the root for many people who have ventured into online businesses without acquiring the needed knowledge in order to be successful at it

 

[Chibson]

You have really said the right thing. An insatiable desire to get rich quick is the root for many people who have ventured into online businesses without acquiring the needed knowledge in order to be successful at it

the desire to make money quickly online is something a lot of people actually need to eliminate if they want to succeed. You need to acquire the necessary knowledge first.

 

[Bigron]

the desire to make money quickly online is something a lot of people actually need to eliminate if they want to succeed. You need to acquire the necessary knowledge first.

This is a really precise assessment from you. It is also important to note that you must obtain the needed insight from trusted sources because some sources quote unrealistic figures and these are what fuels the desire of people to get rich in no time

 

[Chibson]

This is a really precise assessment from you. It is also important to note that you must obtain the needed insight from trusted sources because some sources quote unrealistic figures and these are what fuels the desire of people to get rich in no time

connecting with the right people when it comes to making money on the internet is always important. That is one of the best ways you can use to build a very good mindset when it comes to the issue of making money online.

 

[Bigron]

connecting with the right people when it comes to making money on the internet is always important. That is one of the best ways you can use to build a very good mindset when it comes to the issue of making money online.

This is very accurate. Linking up with experts to glean knowledge about a business venture from them can only be beneficial if you are fed with the right kind of information. Taking their tips seriously will enhance the progress of the business, no doubt

 

[Genie01]

This is very accurate. Linking up with experts to glean knowledge about a business venture from them can only be beneficial if you are fed with the right kind of information. Taking their tips seriously will enhance the progress of the business, no doubt

Indeed it's is very important to have a mentor or someone you look up to in whatever business endeavor you choose to venture into. It would definitely save you from alot if mishaps.

 

[Bigron]

Indeed it's is very important to have a mentor or someone you look up to in whatever business endeavor you choose to venture into. It would definitely save you from alot if mishaps.

This point is really accurate. It is best to make use of a mentor as well because no matter the quality of the information that you have obtained, the mentor can give you first-hand tips for your benefit

 

[Genie01]

This point is really accurate. It is best to make use of a mentor as well because no matter the quality of the information that you have obtained, the mentor can give you first-hand tips for your benefit

The truth is that it is possible to progress without a mentor ,but the chances of progressing at a fast pace is very slim because you would be learning from trial and error.

 

[Agbalagbaa]

Trading on demo account as a forex trader is a nice idea in other to perfect your skills and knowledge about how the forex market goes, it's is not a bad idea to use demo account.