How should i start forex trading? - page 2

[gaban]

uncle gober:
If we want to start trading in forex, we should learn first. Use demo account first to make practice and understand forex market. Demo accounts are very good for the introduction of trading, both systems; trading discipline or money management. But a trader must know that a demo account is very different from a live account (will be better to informed the advantage and disadvantage before suggesting the use of a demo account for new traders), after the introduction, use the real account will become the best advice to better train the ability to trade, you should use a micro account first before using more money before we actually were able to manage risk with a micro account.

Of course, the demo account is very good to learn trading. After that we can start using the real account. began to deposit in any size, - $ 10 or $ 100,000 - which can be increased to move toward greater investment which aims to increase profits. Most of our clients began as new traders with a $ 10 deposit, and developed into a professional trader with an investment of thousands of dollars. And you can do the same!

[muhammad Askari]

I think it is very valuable to have real practice with micro accounts. In this trading traders will know their strategy . planning and skill in trading. They can be aware of emotional influence . Slowly they will control it .

[gaban]

However, we do have to take a real account. we may not continue to use a demo account. By using a real account, we will find a different sensation. Psychological where we will be very influential in determining our trading decisions.

[gaban]

to be able to master forex then we need to be able to master the basics of trading, to master the basics of trading well will allow us to trade with the maximum. And we can begin to practice in a demo account and start trading using small capital first