Trading without experience

[mumuy]

It is very much tough very much to have experience to have the greatest thing to do the trading is to do the forex trading with focused and also very much enough money. Every trader trades in this market without any experience in the beginning so we can say that time is not a much profitable and full of losses, but traders start to earn with the passage of time as they grow as experienced traders.

In every field experience is very important, without experience a person cannot be successful. If a trader wants to be perfect in trading he or she must first learn and practice in demo then start forex trading. Is there anyone who trading without any experience? Please shear how much you gain by your own.

 

[Agnnis bingamin]

we gain experience with the time passes..Initially traders don't have any experience thats the time of their learning but yes after having some experience whether, good or bad, we try to learn more and gradually start earning. experience is important in trading.

 

[Rambo35]

I disagree that a demo account is a 'must'. I think it is a terrible mistake, but again that is my opinion and point of view. I think demo accounts are terrible and I have never used one. Each trader needs to decide which road they want to take.

 

[Agnnis bingamin]

I think demo account is good to have especially for the newbies who don;t have any idea about how to trade but wanna trade to gain profit so for them practicing with demo without loss is always good.

 

[mumuy]

I started to trade and practice with a demo account, until my trade improve then I decided to open a real account, the things I did in the demo account I just did in the real account and it worked.

 

[Rambo35]

I think demo account is good to have especially for the newbies who don;t have any idea about how to trade but wanna trade to gain profit so for them practicing with demo without loss is always good.

I will go ahead and disagree, but in the end it comes down to personal choice.

 

[Master Forex IB]

Real trading without experinece is a waste ofmoney .We can not manage our amolunt in start.It need several time to get experience of trading then a trader is able to use his amount in effective way .Other wisehe willspend it in just making experiemnts. this experience is easy to gain in demo trading where he need no money to invest.

 

[hadidbd]

No body can Forex trade without experience, so learn 1st then earn, I am still learning about Forex.

 

[george55]

Surely quality comes with time.... you study the market over time more and more thoroughly.. and with time you get more experience.. Regarding demos, it's not bad to practice... when you are a beginner.. surely there can be found people who may not prefer trading in demos... and would like to start already in reals... but talking about experience... it's not right to talk about demos.. demos are just for the start.. experience comes over time... in Real accounts

 

[melaniehamilton]

If you want to be successful in the world of Forex, it is important to be always well informed on current events worldwide, because these can 
 influence currency values​​.

 

[Fxpipper]

A demo is not a must, that's granted but for a newbie, brand new to currency trading, it is perfect to test out all the ropes and come up with a strategy..
Just one rejoinder, try to move from demo to live, pref small, as soon as you think you're ready..

 

[tinkad]

I started trading with no experience on the demo version

 

[fargana]

I don't recommend trading without experience because your trading can quickly turn into gambling as losses may force you to take greater risk under influence of emotions which will ruin your trading even faster.

 

[Haruto]

Basically, all of the traders start their trading career from zero level; and which traders focus on the learning process, end of the day they become the successful face!

 

[HeavenLeighGill]

I would never recommend trading without experience. It's true that there is a type of experience gained over time that we all start without. There are things we can do, as you mentioned, like trading on demo beforehand to lessen our chances of loss. Learning about risk management, being familiar with trading psychology, and taking other steps are necessary for all beginners to start on the right foot.

 

[Haruto]

Which traders have no experience in Forex, they should use the demo trading account to gather Forex trading knowledge!

 

[fargana]

Which traders have no experience in Forex, they should use the demo trading account to gather Forex trading knowledge!

Demo trading is essential because trading is high-risk business especially using leverage

 

[Marco877]

Trading without experience is like sailing a boat without oar. I won’t suggest you trade without trading risk. Ignite your experience by learning and practicing.

 

[Amy4]

Trading without experience can be risky and may result in significant losses.
Start with a small amount, use a demo account and educate yourself.

 

[Marco877]

Trading without experience can be risky and may result in significant losses.
Start with a small amount, use a demo account and educate yourself.

I strongly agree with you because I did this mistake initially and I ended up losing my entire trading capital. So, knowledge increase should get the highest level of priority.