How to help trial account to learn Forex trade?
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Thread: How to help trial account to learn Forex trade?

  1. #1
    Registered user zintek's Avatar
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    How to help trial account to learn Forex trade?

    In my point of view, practice records are helping more to understand currency trading. Here we don’t any threat, practice records are safe records. In the trial account we are playing with virtual money, it’s a safe money. So practice records are help more to understand the foreign exchange market.

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    yes trial account helps very much to learn forex trading in very good way because we can learn how to read the charts and watch market movements to get good experience,also we learn how to place instant and pending order and when to trade is good for us..

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    Rookie mohamed reda's Avatar
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    Quote Originally Posted by zintek View Post
    In my point of view, practice records are helping more to understand currency trading. Here we don’t any threat, practice records are safe records. In the trial account we are playing with virtual money, it’s a safe money. So practice records are help more to understand the foreign exchange market.
    yes demo account or trial account is so important step for any beginner trader because he must trade with this account for enough time to have enough experience about how to trade Forex to be able to trade with his real money with his real account .so we can say that is the most important step to be a Forex trader .

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    Account demo help us a lot in trading and I see that he can learn it for 3 months so that we can trade and also can follow the news very well, so we know to handle and discover news the strong market moves, but the account demo would prefer not to be deliberating on it for more than 3 months because he teach you greed and lack of capital management

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    Registered user alv_trader's Avatar
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    Has a demo or trial account is very good for those who want to learn and improve their trading ability. But unfortunately, the demo account is very difficult for us to come train mental or psychological factor in trading. Demo accounts just to improve the ability to trade for you and can not increase the psychology. But it's good also to focus first to your abilities to trade, after that then we can start to learn how to manage psychologi.

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    Its very good to pratice in trial account at least 4,5 months because if you will enter in the real trade at once you can do bad trading and the result will be very bad for your because you can loose your all money here and you will feel very sad after that learn important things forex first and implement them in the practice account and don't gamble in trial account it will be good

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  7. #7
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    Demo account is really a good platform to build your knowledge and experience of the currency market, observation and focus would help quicken your rate of learning how to understand market behaviors which is the most important aspect of forex trading, psychologycally following up with price movements and its behavior.

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    Rookie martyn's Avatar
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    If we want to learn forex through a trial account then we are advised to consider that trial account like a real account, so we also need to learn to make analysis and seek to develop that capital on trial account. Many traders also learned trial account by making a deposit equal to the amount of their capital in real account.

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  9. #9
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    Demo is the important account for every trader.Practice is very important for us in this business . Demo is the account in which have much learning of every forex trader so it is the good account for every forex trader . Its importance never be ignored , it is the account which gives us trading skill and experience by which we earn money in live account.

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    Registered user cowek ireng's Avatar
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    My opinion its very helpful to learn forex trade cause demo account is a media which we can practice and test our new strategy like indicator also EA as much as we want for free without need to any cost. its one of the advantage from demo account that very helping any traders to learn forex trade

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