You can earn a lot on the forex market; however, you should take time to research in order to avoid common mistakes and pitfalls. A demo account is the ideal way to practice this in a risk-free environment. Below are some tips to initiate your Forex education.
If you want to truly succeed with Forex, you have to learn to make decisions without letting emotions get in the way. You will be less likely to take stupid risks because you are feeling emotional. With regards to trading, it is always better to think with your head, and not with your heart.
Consider other traders’ advice, but don’t substitute their judgment for your own. Take all the free advice you can get, but in the end, make decisions that follow your own instincts.
Demo Account
Having just one trading account isn’t enough. One is the real account, with your real money, …