Trading Forex For Free
You can trade the forex markets for free and using the same state-of-the-art software packages that professional forex traders are using to make real-time, live currency trades.
How? You don't put any real money into your account, but you won’t see any difference in how the market behaves and how you react to the market. All you need is to start demo-trading forex market.
You'll be able experience the dynamic market action and go through the same process of making decisions based on breaking news, reacting to charting patterns, and tracking ones performance the same way professional forex traders do.
With a demo account you will become familiar with trading procedures, such as placing Market, Limit, Stop, OCO Orders without any risk. All dollar losses or gains on a demo account will be imaginary but you will gain invaluable trading experience - for free.
Click this link to read more on forex demo account.
Stan
Technorati tags: Forex, forex trading, demo forex
How? You don't put any real money into your account, but you won’t see any difference in how the market behaves and how you react to the market. All you need is to start demo-trading forex market.
You'll be able experience the dynamic market action and go through the same process of making decisions based on breaking news, reacting to charting patterns, and tracking ones performance the same way professional forex traders do.
With a demo account you will become familiar with trading procedures, such as placing Market, Limit, Stop, OCO Orders without any risk. All dollar losses or gains on a demo account will be imaginary but you will gain invaluable trading experience - for free.
Click this link to read more on forex demo account.
Stan
Technorati tags: Forex, forex trading, demo forex
posted by Stan Hill at
8:56 PM
1 Comments:
It's the best thing anyone considering trading forex (or any other market) can do. It will help you learn many facets of the business and you won't lose all of your trading capital right at the beginning! You will learn both winning and losing - psychology is very important in trading. And also you will have a chance to practice money management - another important skill.
One warning, though... Don't expect that when you switch from demo to real trading everything will be the same - your thinking changes when you have to risk for real.
Valeri
By
Anonymous, at 11:03 AM
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