Hi,
i started with the Preschool yesterday and finished initial lessons. Right now, I am feeling a bit lost. I even don’t understand how could i start the business or I need to learn more before starting real business.
One more thing, is there any way to practice the instructions or terms? And I am facing problem with the terms used in Forex. Is there any other easy book to read?
Please, ignore my useless questions but as I don’t have other ways, I ask.
Thanks for your support.
open a demo account and start playing
use this until you what s all this is about
If you are new to Forex market, you must trade in demo account first because though it is a virtual thing, it prepares for the real forex market. The demo account is exact replica of live account only the funds in demo account are not real. The demo account is very helpful if you trade thinking the money you have in this account is real. Do some online research about forex market, its history, currency pairs, brokers, market style, strategies, the volatility and liquidity of market. Make sure you are completely aware with leverage, margin required, spreads, SL/TP, commissions before investing in live environment.
That’s really encouraging. Those terms are a bit new and confusing to me but I understand those easily.
Thanks for the suggestions. I already continuing and will give some try with demo account. Do I need bank account or credit card for opening a demo acc?
Thank you.
no bank account and no credit card for demo