Which one is better to learn forex?
Lots of people overemphasize the importance of demo trading. Demo account is like ABCD..in forex and to orient you to the trading terminal software and forex glossaries.
In my 6 months of live experience I find, in retrospect, demo is useless.
Demo will never give you the thrill, concentration, motivation to do best and keep your account viable. And also demo is like dissection of a dead body ( with no reflex). Only Live trading with Micro/Nano account will give you the opportunity to learn real forex.
1. Demo account: IMHO-Demo are useless as your order dose not count in the real game, ie, market is not considering your order, so if you put a 50 lot order in demo, you can double your account overnight. Not true for real.
2. Real account. With micro account with 0.01 lot ( actually a nonolot.).
IMHO, If you dont have 100 $ ( to open a micro account ) to invest to learn than you should not deserve to learn.
I am still in my first 6 month of live micro account trading.
Whats your opinion...? I appreciate your opinion.
Lots of people overemphasize the importance of demo trading. Demo account is like ABCD..in forex and to orient you to the trading terminal software and forex glossaries.
In my 6 months of live experience I find, in retrospect, demo is useless.
Demo will never give you the thrill, concentration, motivation to do best and keep your account viable. And also demo is like dissection of a dead body ( with no reflex). Only Live trading with Micro/Nano account will give you the opportunity to learn real forex.
1. Demo account: IMHO-Demo are useless as your order dose not count in the real game, ie, market is not considering your order, so if you put a 50 lot order in demo, you can double your account overnight. Not true for real.
2. Real account. With micro account with 0.01 lot ( actually a nonolot.).
IMHO, If you dont have 100 $ ( to open a micro account ) to invest to learn than you should not deserve to learn.
I am still in my first 6 month of live micro account trading.
Whats your opinion...? I appreciate your opinion.