ali555 Posted November 27, 2013 Share Posted November 27, 2013 Hi to all.... Every one suggest for beginners to work on demo account, or take a mentor to help you in trading. I want to know your opinions that which one is better for a beginner..? He can learn from demo account and then to start on real account, OR he can start trading on real account directly by taking mentors who help him in trading..? Must share your opinions. It will be better for all beginners..thanks http://www.forex-metal.com/affiliate/46199/2 Link to comment Share on other sites More sharing options...
rrayne2009 Posted November 27, 2013 Share Posted November 27, 2013 ali555, on 26 Nov 2013 - 5:30 PM, said: Hi to all.... Every one suggest for beginners to work on demo account, or take a mentor to help you in trading. I want to know your opinions that which one is better for a beginner..? He can learn from demo account and then to start on real account, OR he can start trading on real account directly by taking mentors who help him in trading..? Must share your opinions. It will be better for all beginners..thanks http://www.forex-metal.com/affiliate/46199/2 A forex mentor is better if there is availability because you can learn at first hand,I mean it's more a specific learning.I mean for example,learning to play a guitar to an instructor rather learning on a web or book tutorial. But nonetheless. a demo account is very useful tool we can use to practice our trading skills and to test a broker's platform. Link to comment Share on other sites More sharing options...
graceb Posted November 27, 2013 Share Posted November 27, 2013 Hi to all.... Every one suggest for beginners to work on demo account, or take a mentor to help you in trading. I want to know your opinions that which one is better for a beginner..? He can learn from demo account and then to start on real account, OR he can start trading on real account directly by taking mentors who help him in trading..? Must share your opinions. It will be better for all beginners..thanks http://www.forex-metal.com/affiliate/46199/2 For me i rather prefer a Mentor if it is available around.But why do we have to choose between the two if we could have them both as we all know there are free demo account to be used. Link to comment Share on other sites More sharing options...
Guest gaban Posted November 28, 2013 Share Posted November 28, 2013 Demo and mentor as important in forex trading. but because I do not have a mentor the demo account is very important. With a demo account I can learn the basics of trading and how to operate mt4. Link to comment Share on other sites More sharing options...
uncle gober Posted November 28, 2013 Share Posted November 28, 2013 Both of them. But now, we can learn forex trading by ourselves, although it will be more difficult, if we wanna learn continously, we will be able to trade well in forex. Surely, we must take advantages of demo account first. We will get trading experience and we can learn from our trading experience to be better trader. Link to comment Share on other sites More sharing options...
Guest gaban Posted November 29, 2013 Share Posted November 29, 2013 learn forex can be done by self-taught. many sources that we can use as a learning tool. Examples demo account. we can learn the basics of trading here and how to operate mt4. we could also active in the forex forum. So, we do not need a mentor to learn trading. Link to comment Share on other sites More sharing options...
gerski Posted December 1, 2013 Share Posted December 1, 2013 It is better if we can have them both but its hard to find a really good mentor and considering the fee we have to pay,while demo is just free and readily available with our brokers. Link to comment Share on other sites More sharing options...
Guest gaban Posted December 3, 2013 Share Posted December 3, 2013 I agree with you, the demo account is very useful. We can save costs, because the free demo account given by the broker. With a demo account, we can learn the basics of trading and how to operate mt4. Link to comment Share on other sites More sharing options...
rrayne2009 Posted December 5, 2013 Share Posted December 5, 2013 I agree with you, the demo account is very useful. We can save costs, because the free demo account given by the broker. With a demo account, we can learn the basics of trading and how to operate mt4. Practically,demo account is very good way to practice our skills in trading and we can also test the broker's platform and it comes for FREE!Mentors don't usually give their services for free so In my part,I'll just self-educate through a demo and my broker's forex school. Link to comment Share on other sites More sharing options...
Guest gaban Posted December 7, 2013 Share Posted December 7, 2013 Demo is better than for having a mentor. especially given a free demo account. Differences with a mentor, where we have to spend money to hire a mentor. Link to comment Share on other sites More sharing options...
nur_woelan Posted December 7, 2013 Share Posted December 7, 2013 I'm really agree with mr. rrayne... Learning with forex mentor is better way to undestanding how to trade in forex... It's more easy than trade in demo by ourself.. Link to comment Share on other sites More sharing options...
gerski Posted December 11, 2013 Share Posted December 11, 2013 Mentor is a great help for newbies given if he has an allocated budget to pay for the mentors fee,but if not demo account will also be the best way to start to test it skills in trading and at the same time test its brokers trading platform.Knowing just like my broker almost all brokers offers a free demo account on their client. Link to comment Share on other sites More sharing options...
Guest gaban Posted February 11, 2014 Share Posted February 11, 2014 for me remains the best demo account to learn trading. With a demo account, we can learn trading comfortably without risk. And with the demo account, we can also test the trading strategy that we will use in the real account. Link to comment Share on other sites More sharing options...
fxapex Posted February 11, 2014 Share Posted February 11, 2014 both of them are important, you should start with a demo account first and if you have a mentor for helping you out with trading its even better, you can learn quickly with the help of a mentor..... Link to comment Share on other sites More sharing options...
Guest gaban Posted February 13, 2014 Share Posted February 13, 2014 forex is a business that can be learned by anyone. We can learn forex self-taught. Moreover, brokers also provide facilities to learn trading like demo account. With a demo account, then we can learn trading a comfortably. So we can use it to learn trading without a mentor. Link to comment Share on other sites More sharing options...
sharonblay Posted March 7, 2014 Share Posted March 7, 2014 I would advise every newbie to choose a mentor than a demo account but in a situation where he has no one to put him through, he can simply settle to practice on a demo account. You would learn the basics first without feeling the pressure of trading in a live account. But if you can't find a mentor, there are some video tutorials that you can find online. So for sure you can learn them anyway the basics of forex even without a mentor. Thus, whoever can afford to spend some money can take the help of mentors for fast learning. Link to comment Share on other sites More sharing options...
uncle gober Posted March 12, 2014 Share Posted March 12, 2014 as a novice trader then we will continue to use the demo trading account even though we already using mentors in this trade, but maybe as long as we learn in this trade too seriously then without mentors also we will get better and will be able to survive in this business for the seriousness of continued done during training in this trade and we did have to learn seriously in this business that will be successful Link to comment Share on other sites More sharing options...
Guest gaban Posted March 12, 2014 Share Posted March 12, 2014 mentor has no meaning if we can not learn to practice on a demo account. Because the forex risk is very high. So if we get the knowledge from a mentor then we should be able to apply it on a demo account. Link to comment Share on other sites More sharing options...
kaito kid Posted March 17, 2014 Share Posted March 17, 2014 Demo account is useful for beginners.they must work in demo account.they can learn the basics of trading by working in demo account.demo have some difference for us because it is only supposed and traders get emotional while trading in real account.they should start real trading with small capital after some demo practice. Link to comment Share on other sites More sharing options...
Guest gaban Posted March 25, 2014 Share Posted March 25, 2014 mentor and a very good demo account for us. My mentor for my trading is that traders in forex forums like this. With forex forum so I can exchange ideas with other traders. so it is very good to increase my knowledge while trading a demo account can be used to improve my trading skills. Link to comment Share on other sites More sharing options...
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