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demo or cent, which one is better?

This is a discussion on demo or cent, which one is better? within the Trading Systems forums, part of the Trading Forum category; Every trader must go through extensive process of trading as per their needs. He can put greater funds in one ...

          
   
  1. #91
    Senior Member Taylor Woods's Avatar
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    make trading decisions wisely

    Every trader must go through extensive process of trading as per their needs. He can put greater funds in one trade or he can spread the big amount into several smaller trades. No matter what is the alternative the selection should be practical. One can choose to work with any sort of trading strategy, long term or short term; he must make this trading decision according to his financial position to bear risks.

  2. #92
    Senior Member Taylor Woods's Avatar
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    Scalping: short term trading method

    Scalping is a short term trading method which will allow a foreign currency exchange trader to make speculation in smaller trading lots and by this process a trader can spread out his total investable funds in micro level. With scalping a trader can expect to take advantage of smaller price fluctuations and thereby a trader will require re-quote and slippage free fastest, orderly and timely trade executions all the time.

  3. #93
    Senior Member Taylor Woods's Avatar
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    emotions have to be avoided

    Yes, we are human and we all can find that our emotions can possess many hindrances in our trading journey. However, here again, any trader must be watchful to recognize that whether his emotions like anger, frustration or happiness, etc. can possess some encumbrances in the normal course of decision making of him. And thereby it is prudent to work with consistent method that will facilitate practical decision making for a trader.

  4. #94
    Senior Member Taylor Woods's Avatar
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    learning facilities in forex

    Unlike other centralized market, forex market has the exclusive opportunities to provide learning facilities to its stakeholders via demo trading account. A trader can easily go with demo trading account which will facilitate him education in exchange of free cost by trading some artificial money. But it is better to move about to your trading account in real world when you are thinking that you are ready for the market.

  5. #95
    Senior Member Taylor Woods's Avatar
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    proper selection of trading methods

    If you are ready to trade with trading methods, then you must go through preference of proper trading methods according to your trading abilities in practical. No trader can think of attaining his trading goals if he canít exercise or channel his funds in right mode. Whatever it is: every trader must go through proper market analysis to understand that which trading approaches are suitable to fulfill his trading demands.

  6. #96
    Senior Member Taylor Woods's Avatar
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    learn the basics of forex

    Process to learn the basics of forex will help any trader to keep up his trading journey. Your education is an asset for you until the end of time. Learning should be continuing so that a trader can understand how to take proper benefits of trading processes accessible to him. One must try to get acquaintance with the fundamental things about trading and a trader can judge the all facilities on demo trading account also.

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