Disadvantages

A trader gradually learns the essence of exchange trading. In this case, he can choose two ways - to use a demo account or trade immediately for real funds. Both approaches are valid, and the choice of one of them depends on the personal preferences of an individual. A demo account is a free account that can be opened at a broker's platform and involves trading with virtual capital. A trader performs the same operations but spares himself the risk of losing funds. Today we are going to find out where to open a demo account for a beginner trader.

In the bright, loud advertisements everything is so easy and beautiful: novice traders get quick returns with minimal time expenditures, and they reach stable earnings. In reality, the situation looks somewhat different: the majority of newcomers play by intuition and lose the whole deposit in a short period of time. Only a precise and skillful strategy will let the forex traders reach their goal. Today we will talk about trading strategies: the essence of trading strategy, their types, and application. Basically, everything a beginner trader must know before jumping in with both feet.