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Are you fantasizing?

Discussion in 'Beginners Bootcamp' started by Jeff Martinez, Oct 24, 2017.

  1. Jeff Martinez

    Jeff Martinez Recruit

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    Individuals who are fantasizing to do exchange forex should begin with a demo account. Truth be told, genuine forex record can be opened after you get an impressive information with respect to how to exchange. This is on the grounds that demo accounts are offered to new traders to do free trading with virtual cash. In the event that you wish to figure out how to exchange, at that point it is greatly improved to settle on a demo account. When you will experience ongoing forex trading, it is total that a trader requires genuine records. So as to open genuine forex account, you need to achieve solid forex brokers.
     
  2. nahiyar

    nahiyar Private, 1st Class

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    It is true in demo trading we are more in fantasy . profits come to traders make them dreaming they dream of a big profit in real trading. I am not beyond those trader who think like that. One thing is special that our struggle should be also at that level that help to come true our dreams.
     
  3. William Barnes

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    Yes of course for the new traders who are feeling fascination regarding how to start trading in the forex market can work with demo trading accounts initially. And demo trading accounts offer opportunities to acquire acquaintance, skills and expertise about forex market without taking any risk as here we are using virtual cash i.e. artificial money. But the important fact about forex trading via demo trading accounts is that you have to be sincere while trading using demo accounts.

    You should craft appropriate trading strategy and adopt proper trading system so that you can get the real or practical experience if forex trading. Otherwise the learning process remains incomplete and soon you will lose your attraction regarding forex trading. So be careful while working with demo accounts and try to be attentive.
     
  4. downtrend

    downtrend Sergeant

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    Real thoughts are real trading approach, just dreams and fantasies not help in trading until you not make real step for them. Actual trading not turns real with fantasy it needs real skill and real ability to face market situations. I am in just some fantasy know about reality of forex business so accept what all happen in trading with open heart and try to make such steps that help to fulfill my realistic dreams.
     
  5. Mike James

    Mike James Recruit

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    Yes you are right. Demo trading is basically to know how the trading mechanism works. Well ordered directions to open and close a trade. The best strategy to use MT4 for trading. In any case, the honest to goodness learning begins when you start to trade with authentic money. Trading with authentic money incorporates sentiments that reason an expansive part of the mistake. You can in like manner use demo to test your trading strategy.
     
  6. bigdolly

    bigdolly Sergeant Major

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    Is there any difference between demo accounts of different brokers? Or they are all the same. Some of them told me they offer a demo account without expiration date, is it significant advantage for traders?
     
  7. annar

    annar Recruit

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    The demo account is the best best tool for the beginners to start their trading career. It helps you to build a strong grip on your trades by improving your skills and boosting confidence as well. So all the newbies are strictly advised to gain a lot of experience from it.
     
  8. alaska27

    alaska27 Recruit

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    I get your point. Many newbie traders are very excited when first starting in forex. They soon get a reality check when they lose in forex trading. Demo trading is an excellent way of calming those feelings. What are your thoughts on this?
     
  9. emily_smith

    emily_smith Recruit

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    Yes, i was fantasized.
    Before diving in the real trading world, I was so fantasized about it that even I used to think that if once i started trading soon i will earn lot of money from it. But the reality is totally different as you all know.
    Initially focus should be on learning only not on the profits.
     
  10. Etedus12

    Etedus12 Corporal

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    You shares very fundamental advise here and I really hope that a lot of beginners will come across this thread and read this I would say rule. Trading on forex is impossible without playing enough with demo account, if somebody told you the opposite – it a lie.
     

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