Learning & start trading with a Demo Account
If you've started to understand overview of the forex, then learn the next stage is to start with a demo account. Because someone who has finished learning about forex, he must practice his knowledge in a virtual forex market. He had to practice in the forex demo account. This is the account with the virtual. Practice trading with real money instead, but the actual market conditions. This is an excellent choice in testing your trading system because no money is at risk. You can find out how your system will work.
The following is a brief explanation about the preparations, if you will start trading on the forex demo account:
1. Intention is straight, that you will find the experience of trading.
Before you venture into the forex market, you must have some clues to consider. Being involved in forex trading with little or no experience at all will only produce painful results. Believe ... You may lose most of your capital and become frustrated because you think initially that the forex is very easy to make money. That is one common misconception in forex trading. Although there are a lot of money in circulation, it does not mean that you can make easy money from it. Like every business in life, rewards will come after you've worked hard for it. Buttons on the acquisition of the forex market depends on commitment, discipline, patience, and hard work. Once again, believe me ...
2. Creating Systems
Creating the system is the first step you must take. You need to create a system that fit your personality, if not, you will find it difficult to follow market movements. You can base your system on technical indicators such as mechanical systems or systems based on the experience and history.
Trading Demo 3.Mencoba well
Although it has been a bit I mentioned above, although different than using the money, but you still have an advantage. The goal is for you to know how your system will work without fear of losing money. Demo is to test your system.
How long should you keep this demo account? It is recommended that you stay on it until the resulting consistent and good results. You only need to be patient, remember that your goal here is to have a perfect trading system that you can use. While practicing your system in the forex demo account, you should be aware of your emotions in trading. Emotions can affect every decision you make in trading.
Believe ...
Once you have done and read 5 articles beginning, now the next step is to install a program / application which the reply we will use to practice and learn.
- Feel free to download the application from the broker metatrader FxOpen here.
- Install applications on your computer.
- Run the application.
- Go to File / Open an Account, then click next.
- Select FxOpen Demo-server, and then click next.
Up to this stage of your MetaTrader application is ready, and you already have a demo account to learn trading. But since this is your initial use metatrader application, you may rada confused with the function and operation of the application metatrader. Please read here to learn to use the metatrader.
If you've started to understand overview of the forex, then learn the next stage is to start with a demo account. Because someone who has finished learning about forex, he must practice his knowledge in a virtual forex market. He had to practice in the forex demo account. This is the account with the virtual. Practice trading with real money instead, but the actual market conditions. This is an excellent choice in testing your trading system because no money is at risk. You can find out how your system will work.
The following is a brief explanation about the preparations, if you will start trading on the forex demo account:
1. Intention is straight, that you will find the experience of trading.
Before you venture into the forex market, you must have some clues to consider. Being involved in forex trading with little or no experience at all will only produce painful results. Believe ... You may lose most of your capital and become frustrated because you think initially that the forex is very easy to make money. That is one common misconception in forex trading. Although there are a lot of money in circulation, it does not mean that you can make easy money from it. Like every business in life, rewards will come after you've worked hard for it. Buttons on the acquisition of the forex market depends on commitment, discipline, patience, and hard work. Once again, believe me ...
2. Creating Systems
Creating the system is the first step you must take. You need to create a system that fit your personality, if not, you will find it difficult to follow market movements. You can base your system on technical indicators such as mechanical systems or systems based on the experience and history.
Trading Demo 3.Mencoba well
Although it has been a bit I mentioned above, although different than using the money, but you still have an advantage. The goal is for you to know how your system will work without fear of losing money. Demo is to test your system.
How long should you keep this demo account? It is recommended that you stay on it until the resulting consistent and good results. You only need to be patient, remember that your goal here is to have a perfect trading system that you can use. While practicing your system in the forex demo account, you should be aware of your emotions in trading. Emotions can affect every decision you make in trading.
Believe ...
Once you have done and read 5 articles beginning, now the next step is to install a program / application which the reply we will use to practice and learn.
- Feel free to download the application from the broker metatrader FxOpen here.
- Install applications on your computer.
- Run the application.
- Go to File / Open an Account, then click next.
- Select FxOpen Demo-server, and then click next.
Up to this stage of your MetaTrader application is ready, and you already have a demo account to learn trading. But since this is your initial use metatrader application, you may rada confused with the function and operation of the application metatrader. Please read here to learn to use the metatrader.
