What are the best way to practice in Forex trading? - page 3

 
whisperer:
Small real account is much better than demo - demo does not learn you that you can lose. Demo money is nothing

A small real account can unfortunately be treated like a lottery ticket or even a trip to a casino. Demo accounts typically offer unreasonable amounts to work with ($50k or $100k or more).

 
whisperer:
Small real account is much better than demo - demo does not learn you that you can lose. Demo money is nothing

How about demo contest??

with demo contest you can gain real money and can use it for real trade. But it need more challenge.

 
prince_syasya:
How about demo contest?? with demo contest you can gain real money and can use it for real trade. But it need more challenge.

Demo contest is a crash course to suicide on a real account. Rsisk taken on demo contests are showing that it is a game not trading

 

When people think that wining some competition will learn them to trade that is a worst idea they can get of how to learn to trade

Trading is not competition

 
nbtrading:
When people think that wining some competition will learn them to trade that is a worst idea they can get of how to learn to trade Trading is not competition

Trading is a journey, not a competition! Everyone takes a different path and to be able to provide people with the ability to find their path at their own pace is crucial.

 

Generally, demo account is considered as a master place for practicing a long time to become a knowledgeable trader. but, we the traders don’t like to trade in this trading place at all especially the beginners. I at all times try to keep practice in this trading place for increasing my trading performance.

Reason: