Forex looks cool
By csabaholcz
@csabaholcz (843)
Hungary
August 27, 2012 7:07am CST
I just opened an account at a forex site.
This forex thing looks cool! I can even trade from my android!
Of course I use a demo account now to learn, but I hope I will be good.
Imagine I buy some Eur/usd before the first lesson than when I wait and maybe after history lesson I made the money for a drink at weekend.
What is your experience about forex? How can I learn it?
6 responses
@Olleenz (3398)
• Indonesia
27 Aug 12
On demo forex look easy but went you enter real market, trust me, it won't that easy.
But one thing that I like demo account, we can learn about market behavior without risking our money.
@csabaholcz (843)
• Hungary
27 Aug 12
Yes, you are right. When you "play" with real money things get serious. But the market is the same when you use demo and real account. I'm patient and learn forex happily. It's a logical "game". One day I will open my free real account and start with cheaper pairs. I can even trade with my country's stock and currency what I know better.
1 person likes this
@money_maker01 (1097)
• Malaysia
27 Aug 12
Hi csabaholcz, for me forex is the fastest way to earn online. But, you have to learn a lot how to read the trend so you will know what's the market is heading to. How maximum it could up or down. So you won't get the wrong direction. The method that I mentioned is not the only method that is available. There are so many out there but we know about our own self. In which style that we are trading. Fulltime or part time? So we must match well the method and our trading style very well to get the maximum result. Happy trading!
@csabaholcz (843)
• Hungary
27 Aug 12
I found a site with my native language and good members. I will gather all the info from the site and forums.
@Downwindz (2537)
• Netherlands
9 Sep 12
Hello csabaholcz
You can learn more about forex trading at www.babypips.com - before you start for real, go read more and maybe take some of their tests.
Basically most people find it easy to trade in the Demo,but that is because there failures have no consequenses, where you get much more hesistant about a trade going into red on a Live account. You must consider if you mentally can handle a trade is red and that you can afford to loose everything you have invested. Never invest in Forex with money you cannot afford to loose.
But if you mentally can handle the presure from trading Forex, and you work out a good strategy - then Forex can indeed earn you some nice profits.
@blebchel (249)
• Philippines
27 Aug 12
we are in the same boat csabaholcz. I am starting to learn forex also . I am currently practicing in a demo account and honestly, it is a complicated thing to learn. There are many codes and numbers to be familiarized. Anyways, what is your android version when you've downloaded a forex app on it? I plan to do the same thing as well.hehe
@csabaholcz (843)
• Hungary
27 Aug 12
I didn't downloaded it yet but the app what I plan to get is working on Galaxy Ace. I use the Plus500 platform what looks very friendly.
@narnia007 (1050)
• India
27 Aug 12
Hello my friend.I have been into Forex for some time and I came back before I lose serious money in them.I learnt all the trading techniques and tips and went on trading with demo account for some time.It all went well and after which the real session was not really as cool as the demo.Ya,I earned some profits,but in the end I managed to just take back the money I had put inside.Learn more about it and invest the money that you are ready to lose.This is a very much risky world of earning money.If you take the right turns and stop yourself from being hungry for money,you can earn some decent money from them.Happy mylotting.
@csabaholcz (843)
• Hungary
27 Aug 12
I decided not to strike forex mindlessly. I will use a no deposit bonus but now I try my skills on demo. Who knows maybe I will create my strategy. Forex is a good game to even if I only use demo :D
@elkanwa (626)
• Malaysia
27 Aug 12
Hi csabaholcz.
I also interested in forex trading by now i am still learn how to trade in forex market. In my demo the result is look good but not when i try real account.
My experience to trade with real account is MC for several times. So i decided to start again from the beginning. Learn technical analysis and fundamental, join in forex forum.
And also one of the most important thing is Money management.