i started Forex trading but i need advise about this ?
i started forex trading with practice account from one company at "forexplatformslist.com".i started making great profits but i am looking for advise from any expert forex trader to make more huge profits.
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Tagged with: account • Forex Questions • practice • profits • quot • trading
Filed under: Trading Forex
Trading on practice account vs trading on real account make huge different.
First, make sure you can consistently making winning on your practice account for at least 3 months.
You can then move on to a real trading account with your hard earned money, but with a small amount. Trading on real account involve lot’s of discipline and psychology. You may not be able to make wise decision on stop loss, admiting mistake, or take profit. Here’s a good read about forex psychology.
http://www.118forex.com/
Good luck.
Well if you want to start trading seriously and learn and if you are a beginner, i suggest you to use Marketiva, which is a very good platform to start trading with and very easy to use.
Marketiva gives you 5$ real to start trading so you don’t have to deposit and if you made profit from it you can cash out, this is why it’s very good for beginners. Their platform is very easy to use and they have support during trading hours.
To open your account please visit http://www.marketiva.com/index.ncre?gid=3371
If you want to learn more about forex trading and potential strategies to use, I recommend babypips.com which has a lot of free material. It is a decent place to learn the basics of forex trading. Don’t put to much faith into what is said in the forums though (that goes for all investing forums that I have come across) since a lot of what is being said there comes from less than reputable sources.
I just started using a program I bought from this site: http://www.ivybot.com/?hop=81085 …It pretty much does everything for you because it’s automatic, and it’s the only program that adjusts to the market. You don’t even have to be anywhere near a computer. It’s fantastic. It’s $150, but you can make that back easily. Plus, it comes with 3 bonus programs, and you’re subscribed for life.
I really would check out The Triad Formula. This costs like $2000 but they train you pretty well. Thats what all the better off new traders are using to learn how to successfully trade forex as new users. The info is below as the source. Go and check them out… but only if you’re serious about learning the ropes and angles.
You made a good start but you must continue to improve your skills.
Take it slow and don’t get anxious or greedy. Only trade in a way that makes sense to you. That is my advise after trading for years. It is a lot easier to loss money than to make it, so be vary careful.