Originally posted by dianayes

It would be risky if you don't know how to use proper risk management. 

Yup. And for you to use proper risk management, you have to learn it first. Learning is always at the lead.

Originally posted by cheesyfinger

Wow it sounds like a science degree in here, i do agree a deep understanding is needed to be profitable and i also understand the convenience of a demo account. Just want to point out guys that FXSTAT has their own demo platform avaliable for members to use (4th option on the left hand side bar, so dont have to go out of your way to a broker).

Also its very important to HAVE FUN trading, otherwise you'll only end up losing money/ confidence and stop altogether... yes understanding and experience is an aadvantage, demos are convenient but you must enjoy the thrill of the trade/game!!! otherwise you wont last long in forex

(I've either made alot of people smile with this post or i've just become public enemy #1):P 

 

 

Well,no one will disagree with if you are having fun with your forex trading,traders just have they own way/feeling about trading.Some take it very seriously and some take it as having fun.It doesn't matter how you approached it I think, as long as you're profiting with your trades.

Originally posted by leebelisar

 

Originally posted by dianayes

 

It would be risky if you don't know how to use proper risk management. 

 

 

Yup. And for you to use proper risk management, you have to learn it first. Learning is always at the lead.

 

Originally posted by hamzehhasan

Risk management is a combination of multiple ideas to control your trading risk.

 

Yes,it is the plan that we make in order to avoid or atleast minimized the risk that we are facing on out trading.

Originally posted by cheesyfinger

Wow it sounds like a science degree in here, i do agree a deep understanding is needed to be profitable and i also understand the convenience of a demo account. Just want to point out guys that FXSTAT has their own demo platform avaliable for members to use (4th option on the left hand side bar, so dont have to go out of your way to a broker).

Also its very important to HAVE FUN trading, otherwise you'll only end up losing money/ confidence and stop altogether... yes understanding and experience is an aadvantage, demos are convenient but you must enjoy the thrill of the trade/game!!! otherwise you wont last long in forex

(I've either made alot of people smile with this post or i've just become public enemy #1):P 

 

 

Your first pharagraph is very informative thank you for sharing it with us ,now we know that FXSTAT has a demo platform which can be used by members.

Originally posted by graceb

 

Originally posted by cheesyfinger

 

Wow it sounds like a science degree in here, i do agree a deep understanding is needed to be profitable and i also understand the convenience of a demo account. Just want to point out guys that FXSTAT has their own demo platform avaliable for members to use (4th option on the left hand side bar, so dont have to go out of your way to a broker).

Also its very important to HAVE FUN trading, otherwise you'll only end up losing money/ confidence and stop altogether... yes understanding and experience is an aadvantage, demos are convenient but you must enjoy the thrill of the trade/game!!! otherwise you wont last long in forex

(I've either made alot of people smile with this post or i've just become public enemy #1):P 

 

 

 

 

Your first pharagraph is very informative thank you for sharing it with us ,now we know that FXSTAT has a demo platform which can be used by members.

" />

 

Originally posted by Purplemoney

Originally posted by graceb

Originally posted by cheesyfinger

 Wow it sounds like a science degree in here, i do agree a deep understanding is needed to be profitable and i also understand the convenience of a demo account. Just want to point out guys that FXSTAT has their own demo platform avaliable for members to use (4th option on the left hand side bar, so dont have to go out of your way to a broker).

Also its very important to HAVE FUN trading, otherwise you'll only end up losing money/ confidence and stop altogether... yes understanding and experience is an aadvantage, demos are convenient but you must enjoy the thrill of the trade/game!!! otherwise you wont last long in forex

(I've either made alot of people smile with this post or i've just become public enemy #1):P 

 

Your first pharagraph is very informative thank you for sharing it with us ,now we know that FXSTAT has a demo platform which can be used by members.

" />

Hey guys i normally use MT4 and i tried out the OneTrade but wasn't sure how it works... I contacted FxStat via the Live Chat button and i was directed to the following video, it showed me everything about it and i found it really useful so i thought i'd share it incase anyone else was confused about onetrade. 

Video: http://t.co/FTBXZveTwt

 

I've seen the demo video featuring the 1Trade webtrader platform. Main highlight is the demo account autotrading. It is almost similar to GDMFX demo account that I am trying for more than two weeks now. But I'll give Autotrading a try too. Thanks for sharing. Its very informative and useful.

Originally posted by rrayne20009

 

Originally posted by cheesyfinger

 

Wow it sounds like a science degree in here, i do agree a deep understanding is needed to be profitable and i also understand the convenience of a demo account. Just want to point out guys that FXSTAT has their own demo platform avaliable for members to use (4th option on the left hand side bar, so dont have to go out of your way to a broker).

Also its very important to HAVE FUN trading, otherwise you'll only end up losing money/ confidence and stop altogether... yes understanding and experience is an aadvantage, demos are convenient but you must enjoy the thrill of the trade/game!!! otherwise you wont last long in forex

(I've either made alot of people smile with this post or i've just become public enemy #1):P 

 

 

 

 

 

Well,no one will disagree with if you are having fun with your forex trading,traders just have they own way/feeling about trading.Some take it very seriously and some take it as having fun.It doesn't matter how you approached it I think, as long as you're profiting with your trades.

" />

In my case, even if I do not trade live yet, since I'm still trying a demo account, I take it very seriously. Why? Simply because I want to learn more. I want that my brain cells absorb every knowledge I read and encountered about Forex trading. I want to know more about it so I have my weapon when I go live trading.

Originally posted by graceb

Originally posted by cheesyfinger

Wow it sounds like a science degree in here, i do agree a deep understanding is needed to be profitable and i also understand the convenience of a demo account. Just want to point out guys that FXSTAT has their own demo platform avaliable for members to use (4th option on the left hand side bar, so dont have to go out of your way to a broker).

Also its very important to HAVE FUN trading, otherwise you'll only end up losing money/ confidence and stop altogether... yes understanding and experience is an aadvantage, demos are convenient but you must enjoy the thrill of the trade/game!!! otherwise you wont last long in forex

(I've either made alot of people smile with this post or i've just become public enemy #1):P 

 

Your first pharagraph is very informative thank you for sharing it with us ,now we know that FXSTAT has a demo platform which can be used by members.

" />

Yes. Its nice that this information was discussed here. I actually do not have any idea that FXStat indeed has a demo platform that we can try to. Not until I read the post of Purplemoney about the video. I'll give this demo a try too. Thank you for sharing.

Originally posted by graceb

Originally posted by hamzehhasan

Risk management is a combination of multiple ideas to control your trading risk.

 Yes,it is the plan that we make in order to avoid or atleast minimized the risk that we are facing on out trading.

I think its all about constant monitoring of the Forex market. This way, you would be updated of the market changes so you will know when to place your trade.