Recent content by bgk

Then also cars will fly.

When I first set out on Forex trading,I jumped straight into live. I had not trained enough too. I sort of believed too much in myself. I made profits for like 3 months and from there it was a downfall for like 6 months consistently. I almost lost my mind. I went out for a 2 month break and came...

The recommended demo account time period is around 6 months. Would that seem like a waste of time to you?

This is very true. But even as you make the airtight trading plan and set out,fear is bound to be there. What one should do is try to overcome it. Know that traders are risk takers,naturally. That plus having a good risk management strategy. That way you are able to face losses as they come then...

Every time I lost badly,it was because I violated at least one of my rules -David J. Merkel

Did I read this right? That we do not need any knowledge in financial trading?

A trader should never keep high leverages. They are very dangerous.

Yes,it's all about learning but isn't that what is going to help in the real trade? Do you think it is a waste of time?

Thankyou very much for your inputs guys. I am digging into them.

Very good analogies. I hope dbphoenix understands what we are trying to say now.

Fear of losses I think? Sometimes even when you know what you are doing,you are not certain of the outcome. You take risks.

I voted true but am not very sure about the last part. Does it mean we like other people's fish? We don't like working for ours?

I am on PC but still can't see it.

The best one: trade with the trend.

I have been wondering if those who used a demo account before going live feel it benefited them in any way. I jumped straight into live,myself.