You don’t have to open a real account to do this: most Forex dealing companies allow you to create a demo account that does not require a deposit. This way, they let you try out their service and evaluate the work of the trading terminal. For a beginner, to study the market and try your hand at it without any risks.
Trading on a Forex demo telegram number list account is no different from real trading. The same charts, the same market information, the same conditions of leverage, spread, and stop out are simulated. The simple truth: if you can make money on a demo account, you can make money with real money! Have you made 99 trades and your account has grown? It’s time to trade for real!
Having mastered technical analysis
In a week or two it is possible to increase your capital by several tens of percent per month. The main thing on Forex is not to be afraid of unsuccessful transactions.
They will happen anyway, to anyone, even the most elite trader. Take them as part of the job. Eventually, subsequent profitable positions will definitely cover the losses, and you will come out on top again.
Get into the habit of checking news feeds several times a day. Especially those dedicated to trading on the Forex currency market: they publish the most important information about events that affect the market. Compare events, statistics with the current market situation. Note how this or that event affected the price of a currency pair, think about the mechanism of these effects.
You can print out charts from time
Time, mark analytical but how does social media affect the ranking and seo of your website or eshop? great opportunity constructions on them and compare them with events in the world. Many will find working with paper extremely adb directory pleasant. Or you can use third-party software created for these purposes. Over time, the learning trader will understand the relationships and patterns more deeply and clearly, which will help to predict the course of events.