That's why we need to learn more about risk management because forex trading is a high risk business...
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i just trying to make a money by getting profit from my account at HiWayFx, i can't said i like forex trading, but i m not hate it. even when im lose, i just thinking about how to get profit at my other forex trading.
Honestly speaking, I don’t see anything really major to dislike about demo account, but the reality definitely is that we need to understand how boring it is. The problem is that we can’t skip it because majority including me are not rich enough to get going in real, so we need to be certain of our actions on demo to move it towards real account and only then we could begin the journey. I will not mind using demo, but at the moment I don’t need it. I believe future might not be so tough given brokers like OctaFX. I use their brilliant facility of Southampton Supreme demo contest which is just 90 minutes contest yet very effective and we can work out plans well with chance of winning prizes.
but if u ask im like it or not. i think im not like it, because i cant earn money from it. so if u r new trader and use demo account for ur starter, i think it's good enough, but just don't do it for to long time.
I think that demo trading is really very much helpful for us because it is the best way of acquiring experience. Without experience a trader can not make a good figure in this business. Demo trading helps us to gather experience about Forex. Therefore, demo trading is must and very helpful for new traders. For these reasons, I like it very much.
if u already do demo account and think that u ready for real forex trading, then u can start ur real forex trading by use small lot, with small lot u just got small profit but it will minimize ur loss, so i think its good for ur beginning at real forex trading.