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Results 1 to 9 of 9
  1. #1
    Senior Trader
    Join Date
    Mar 2015
    Posts
    444
    Post Thanks / Like
    Credits
    267
    My Language
    English

    Do not invest your real money here so early!

    Hello traders, I was just talking to a friend about Forex exchange market and it’s activities! And he started his live trading without informing me by 5K trading capital! In addition, when he lost around 70% of his capital then he noticed me; I really surprised to know all of his activities! But he felt really bad and now he is able to point out his mistake!

    In order to him: being to attach to Forex trading business is not advisable for new Forex traders! Traders need to invest their money only, when they are very sure about their trading strategy and analytical strength! Live trading means, huge pressure and definitely new traders are unable to bear this pressure!

  2. #2
    Trader
    Join Date
    Aug 2016
    Posts
    74
    Post Thanks / Like
    Credits
    149
    My Language
    Arabic
    Thank you very much for your suggestion! Really, newbies are too much excited to invest their real money here! Even, I invested my 1st capital after practicing my demo account only for two days! In addition, I crashed my real account within 6 hours of live trading! That’s really horrible experience for me! Besides, I know many traders who were also invested their money in live trading so early! By the way, without proper learning, earning is really impossible here!

  3. #3
    Senior Trader
    Join Date
    Mar 2015
    Posts
    419
    Post Thanks / Like
    Credits
    344
    My Language
    English
    Quote Originally Posted by Zachary Davis View Post
    Hello traders, I was just talking to a friend about Forex exchange market and it’s activities! And he started his live trading without informing me by 5K trading capital! In addition, when he lost around 70% of his capital then he noticed me; I really surprised to know all of his activities! But he felt really bad and now he is able to point out his mistake!

    In order to him: being to attach to Forex trading business is not advisable for new Forex traders! Traders need to invest their money only, when they are very sure about their trading strategy and analytical strength! Live trading means, huge pressure and definitely new traders are unable to bear this pressure!
    I am sorry to hear that story! By the way, I love my trading profession and I am passionate about it! Actually, knowledge is essential in every sector of business either it’s online or offline! In addition, after joining here my 1st intention was to be a good skilled Forex trader first! That’s way, I used my demo account sincerely fully one year, then I opened my live account! In addition, now I easily can make regular money in my live account because of my long time demo trading experience!

  4. #4
    Junior Trader
    Join Date
    Jul 2015
    Posts
    10
    Post Thanks / Like
    Credits
    224
    My Language
    English
    We all need to Perform practice on DEMO account before jumping on real and live trading where we need to deposit our own funds.
    Now a days, almost every broker offers FREE DEMO Account for all. However, my belief is that the Demo trading environment must reflect the Live trading environment as closely as possible.
    Last edited by Steve nison; 12-25-2016 at 05:17 PM.

  5. #5
    Junior Trader
    Join Date
    Jul 2016
    Posts
    11
    Post Thanks / Like
    Credits
    212
    My Language
    English
    Its good to trade on a demo account for atleast more than six months before going to live account and whenever you go live always start with small amounts to check the brokers other processes like withdrawal etc.

  6. #6
    Senior Trader
    Join Date
    Mar 2015
    Posts
    449
    Post Thanks / Like
    Credits
    240
    My Language
    English
    Thank you very much for your direction! Yes, that’s the right path of money investing here! I have almost 1 year trading experience but till now I am using my demo! Even, I need 2 months more for ensuring my trading strategy! Basically, I am a student, so I haven’t enough money to waste here! This is way, I want to make my trading skill first before playing with my real money!

  7. #7
    Golden Trader
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,579
    Post Thanks / Like
    Credits
    1,769
    My Language
    English
    Quote Originally Posted by Andre Silva View Post
    Thank you very much for your direction! Yes, that’s the right path of money investing here! I have almost 1 year trading experience but till now I am using my demo! Even, I need 2 months more for ensuring my trading strategy! Basically, I am a student, so I haven’t enough money to waste here! This is way, I want to make my trading skill first before playing with my real money!
    With the help of our trading skills we can become more profitable traders.

  8. #8
    Golden Trader
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,579
    Post Thanks / Like
    Credits
    1,769
    My Language
    English
    I have been doing my Forex Trading with FXOpen Markets from the last 10 Years and they are very Reliable and Trustable International Forex Brokers.

  9. #9
    Golden Trader
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,579
    Post Thanks / Like
    Credits
    1,769
    My Language
    English
    I have been doing my Forex Trading from the last 10 Years with FXOpen Markets and they have very secure and fast Trading MT4 Terminal

  10. ARIONFORXtarder
 

 

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