While the potential for profits is large when trading with forex, the risks are high if you don’t take the time to gain the knowledge necessary for successful trading. That’s where the demo account comes in. Use your demo account wisely to prepare yourself for every possible scenario that might happen once you begin trading for real. The ideas here will help ground you in some of the fundamentals about Forex trading.
You should never trade based on emotion. Anytime strong emotions such as excessive greed or anger come into play, you are less likely to make educated and rational … Read more