Post Tagged with: "forex demo account"
Forex Trading: Walk Before You Run
If you are new to forex trading, taking things slowly and gradually will help you not only survive, but will also increase your chances of long term success. Taking this slowly applies to the time and money spent in trading and also your education as a trader. Here are four tips for taking it easy.
Trade Responsibly Chapter 1: Money Management
Isn’t money management a nice buzzword? Many forex brokers flash around this nice phrase. I’m sure you’ve heard it many times. How can you turn this buzzword into practical, actionable advice? As with any type of investment, there is risk. The idea is to control your risk and be aware of it. This will save you
4 Pitfalls of Demo Accounts
A forex demo account is a very important tool for assessing a broker’s platform, testing your technical analysis skills and lots more. Using a demo account is highly recommended. Yet it doesn’t fully prepare you for the real thing. Here are 4 pitfalls for demo accounts, and solutions for part of them. Demo trading doesn’t
Think Demo Trading Will Make You Successful?… Guess Again
Guest post from visionsofaffluence.com Demo trading. We are all familiar with it. We have all heard the advice of the experts that tell you that you should demo trade first in order to learn how to trade. Indeed demo trading is thought by many to be the path to trading success because by allowing people to
5 Limitations of Back Testing
There are lots of forex trading system and EAs out there. Some may be good and others can be bad. While it’s definitely a good start, it isn’t bullet proof. Expert Advisors (EAs) are small pieces of software that automatically open and close forex positions according to the code written inside. MetaTrader has an excellent
Forex Arbitrage – Theory and Reality
Arbitrage trading is a risk free way of making money by tapping into gaps that may occur. Theoretically, arbitrage trading can be done in forex by enjoying the fractions of pips that are missed in crosses. Here’s how it works – in theory. In practice, remember that forex trading isn’t easy money. Did you ever
Binary Options Demo Account
Start Options, a provider of binary options, announced that traders can now check out their options using a virtual demo account. They are currently the only provider that provides this service. This sector is evolving together with traditional forex trading. I’m repeating my pledge to check their possibilities using a forex demo account. Up to
Oops, we’ll reinstate your position
Not all forex brokers were born equal. Some will play dirty tricks to drain your account without being typical scammers. Here’s ascenario that happened to me and to many others. This should ring all your bells. There is a solution: take your business elsewhere
5 Tips for Avoiding Forex Euphoria
In forex trading, also winning can be dangerous. Some traders get euphoric, make bad trades and eventually kill their forex account. This can happen to anyone. Here are 5 tips for overcoming it. So you’ve learned forex at a course or by yourself and trained yourself with technical analysis using a forex demo account. Now you’re
Forex and Freedom
While successful forex trading can free us from waking up to the sound of the alarm clock, commute to the office and smile to the boss, it still requires discipline and takes time. There are no shortcuts. Becoming a successful trader does require some characteristics of a day job. The Forex Guy wrote about the