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I am getting 10% daily return on my Forex Demo account. Need Advice.
Like the title says, I am doing crazy good on my Forex demo account. I want to know is this sort of thing common and will it all completely change when I make a live account. For some background I have been only studying Forex for about 2 weeks but during those 2 weeks I have not stopped learning. I came across a strategy that is now making me 10% returns per day and I'm fairly sure I could make that number higher with more practice. Any advice with this would be much appreciated.
Forex Demo Accelerator - Forex Demo Accelerator. Learn to trade quickly using accelerated time frame and autotrader hints. Practice on the most popular indicators and currency pairs! Fine-tune your strategy, and then take it live!
Practical learning is times better than visual, theoretical learning. This applies incredibly well to Forex trading. No matter how many blogs you read and how many videos you watch, no learning experience comes close to Forex demo trading. A Forex demo account simulates real-time trades that currency players can learn from. Learn more from here.
FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. Forex trading is facilitated through leading trading platforms such as MT4, cTrader, JForex, Trading Station, NinjaTrader, and other proprietary trading platforms solely developed by Forex trading companies.MT4 demo accounts are among the most popular Forex practice accounts in the industry, mainly due to the extensive reach and global preferences of the MT4 terminal. Forex Demo Accounts are used by brand new traders who need to know the basic concepts of forex trading. Needless to say do your research and go with a reputable broker. Forex Demo account gives you the different result as compared to a live forex account, this is because, in a demo account, you are using it just to learn and understand things ... Are Forex demo accounts free to use? Often Forex demo accounts are free to use once you have registered for an account. Many brokers require a deposit before you are given access. This deposit can range from as little as $5 to $250 and beyond. Open an FXCM forex and CFD demo account and practice forex trading risk free. Get live buy and sell prices, £50K of virtual money and access to trading 24/5.
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