Understanding Forex trading | Currency Futures


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Understanding Forex trading

  #5 (permalink)

Singapore, Jurong West
 
 
Posts: 128 since Oct 2011
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Europe10 View Post
Use micro lots to learn the ropes of the game. Demo is never the same as real money.

Well said,

In demo trading ,there is no emotions involved. You may be able to practice your entries, but you are missing out the most important thing in the system itself, the trader. In demo, there is no fear, no risk involved, no emotions, you won't be able to improve on the psychological expect of trading that way, in which IMO, is the most important factor.

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