How do I trade Forex?

Discussion in 'Forex' started by tradingacct1, Oct 14, 2016.

  1. doggyfx

    doggyfx

    Like USDRUB carry trading or what?
     
    #111     Feb 10, 2017
  2. Handle123

    Handle123

    Exactly, I do trade Russian Ruble for Very long trading, will put on positions using Futures, but when reports coming out, will take Forex on partial position going to other way, no options on futures. So risk too great to do other than few contracts, at least to me. And I been long on/off for 18 months, trying to find Secondary low or bottom

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    Daily
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    #112     Feb 10, 2017
  3. geedy

    geedy

    Hahaha!, please it would be better we wake up sooner and think of ways to achieve that dream we had while we were sleeping lol!
     
    #113     Feb 10, 2017
  4. Esha.J

    Esha.J

    That is true, but real work is always going to be real, no demo is going to work for it. It is better to start with mini real account to test your trading style with market.
     
    #114     Feb 11, 2017
  5. mlawson71

    mlawson71

    I don't know, I think that initial study and practice on a demo account is, in a way, real work too. You're laying the foundations of your knowledge, it's not a bad thing to do it in a safe environment.
     
    #115     Feb 11, 2017
  6. Yes now some broker offer micro account or cent account, if any trader want to start low risk hence using cent account also can for learning stage, although might for some trader that already use huge money will look too small to making sufficient profit
     
    #116     Feb 11, 2017
  7. mlawson71

    mlawson71

    I agree, cent and micro accounts are great for training purposes, even if you can't really make any meaningful profit on them.
     
    #117     Feb 12, 2017
  8. Yes there are certain broker that offer cent account, and also offer low minimum deposit, if investing small money using cent account and eventually fail it's only small money and not disturbed overall financial family
     
    #118     Feb 13, 2017
  9. geedy

    geedy

    Very nice to start with small funds using real account, but at least you need experience first and you get that from demo trading. Though I would agree that we cannot 100% compare it with real trading, but it does work.
     
    #119     Feb 14, 2017
  10. Forex Trading is a place to make some good money online, but it is never an easy task. You need to learn a lot first, if you wanna become successful in Forex Trading.
     
    #120     Feb 15, 2017