Thread: Learn and practice first before real trading

New traders often lose money and then quit the forex market. That’s why traders have to learn and practice first before real trading. Always start with demo trading. Most brokers like Eurotrader offer it to their traders. Whether you are a beginner or an experienced forex trader, always try to be a more efficient trader. By doing so, you will be successful one day.

We always should learn something before start to make money. However in Forex trading a trader must have to learn before start to make money and for thsi he/she should trade demo at least six month and also need to take a look at daily newspaper.

Trying to have where to learn what to do so that we can trade profitably. As we can follow the online education that Freshforex broker has given us to learn where to trade is good and right. And while we want to try to be sure where there will be results which we can get in trading

Risk is the common factor of forex market. A trader can face the loss most of the time if he has no knowledge about trading. A trader should know the right time, right place and right currencies while he is trading in the market. Most of the traders lost their money because of their little knowledge about forex.

Most of them don't know how to recover losses. Sometimes traders take decision emotionally after loosing money. It causes more losses. I am also a trader of TP Global FX. I always welcome losses and think that loss is the energy to make profit. Taking wise decisions can recover the losses.

Existing risks must be able to be managed properly, this is necessary so that traders can be maximized in getting the security and comfort of trading while on a real account with Tickmill.