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  1. #41
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    it does take a lot of learning to be good at Forex but also a lot of practice. I used a demo account for months before moving to a real account and it really helped

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    I would say that it does take a lot of practice AND a lot of learning. No point practicing if you don't know what you are doing

  3. #43
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    Quote Originally Posted by LenoxGF View Post
    I would say that it does take a lot of practice AND a lot of learning. No point practicing if you don't know what you are doing
    What type of forex education resources do you prefer?

  4. #44
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    There are loads of free resources online at the major websites. This forum is also really helpful. Just read as many threads as you can

  5. #45
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    I have a questions for professional traders. Did you lose a lot of money in the beginning of you trading? Or if you practice enough time on demo ang learn a lot, the losses may be minimal ?

  6. #46
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    It is common sense only that if we are not learning or if we haven’t learned and yet if we start trading then we are doing nothing but pure gambling, so that is seriously not how you work or really not the way how you will be performing well. I go with OctaFX broker and under them; I can operate very nicely in terms of learning since they have whole setup for it while there are several demo contests too through which we can further up the learning part.

  7. #47
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    Quote Originally Posted by Mohamad Tammat View Post
    I have a questions for professional traders. Did you lose a lot of money in the beginning of you trading? Or if you practice enough time on demo ang learn a lot, the losses may be minimal ?
    Of course we all had evils days at the initial stages of our career. But what is important that mistakes is essential part of learning process, don't take them as you do something completely wrong, it just reveal your weak spots and allow you to work on them to avoid them in future.

  8. #48
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    Less theory and more practice.

  9. #49
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    Indeed the day as much as practice than theory, but it would be nice to understand the theory in advance so that it is easier in practice in demo account or on the account of the real

  10. #50
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    You master the basic theory, and you begin to practice a lot on a real account. And in passing every day to learn a lot of new more advanced theory, and in a few years you can call yourself an experienced trader.

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