Forex trading training on Demo Account before starting real trading. Once you understand the basics of forex calculation above, then you can start a step further to play forex in real, but still within limits using a demo account yes. Because in this demo account you will not use real money, but using virtual money (money lies) that you can reset at any time if you want to repeat it, and at no charge. So this way is very safe for testing or learning forex first. This demo method is perfect for beginners or used as test testing of a trading strategy before it is applied in real account.
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| Forex trading training on Demo Account before starting real trading. |
In this account demo, it is advisable to practice and study at least within a period of at least 3 months, and if not able to produce profits consistently in the period of 3 months then you are obliged to repeat again to be able to produce profits in a row in 3 months consistently. This is important to do so when plunged into a real account then you already have a strategy that is mature and ready to use real money. Risk management or money management is an important thing for the key to a successful trader in survival. And without good risk management then certainly will not be successful, of course this also must be balanced with the mastery of a qualified trading techniques. Finding the right way to play forex is not as difficult as you imagine if you will be patient and diligent in training it. Indeed, some people think that forex is like gambling, but if we study it more deeply that forex is not gambling because it can be analyzed as well as business and commerce in general, has even been affirmed in the Forex explanation based on MUI Fatwa that this forex trading is not included in the realm of gambling, because trading in forex is actually the same as forex exchange business in banking or money changer.