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Ask HN: Is It Worth Investing Time In Learning Forex Trading?

I’ll be proper to the point. In the past I had the chance to try Forex trading by a couple of the fairly fashionable online platforms that supply this kind of service. That they had the characteristic to allow you to spend money on the real market with dummy euros as a way to make you observe with the device earlier than risking your actual (and actual) cash. I performed with those pretend moneys for a few weeks and in each cases I ended up incomes (fake) revenues. In one case I started with 5000€ and reworked them in more than 7500€ in more or less ten days.My question is: have I been just lucky? Did the app trick me into believing I used to be in a position to earn easy profits in order to make me put my money within the account? Or it is just that Forex trading is «doable» if you are cautious sufficient?I’ve been questioning about critically beginning to invest a while into Forex since then, but for some motive I by no means did. Would you share your experience with me?Thanks!

2 years ago

leojg on Aug 19, 2015 [-]

Hello, personaly, I’ve used a plataform that also allows play with fake money and after that I invested a small quantity of real money to see what would happen.With the faux money I used to be additionally capable of double what I started with in a few days.But with the real money I didn’t. But I feel that the rationale for this was that the small sum of money I had didnt provide a number of margin for losses, アキシオリー 口座開設 so a small loss could be enougth to run me out of business. While with the faux cash I might make micro transactions, buying and promoting in minutes and if I failed I had a lot of backup.So, If I come back to forex I’ll with the next sum of money and invest small quantity at a time.

NwmG on Aug 19, 2015 | dad or mum | next [-]

Related story right here. Paper trading is significantly totally different than stay cash trading. Neatest thing to do is start out slow with studying conventional market movers, e.g. how financial reporting affects particular markets. Then transfer to more technical buying and selling ideas, superior charting etc.


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