Avoiding Forex Demo Account Trap
A forex demo account is a great learning tool, and also the best source of first-hand information about forex. Most people who just begin getting interested in currency trading spend too much time reading and not enough time trading. So if you don’t have a demo yet and the subject interests you, don’t waste your time. There is a multitude of links on this site to reputable brokers who will be happy to give you a free demo account. Pick any and play with it. In a couple of days you will know more about forex than you could ever learn by reading. After that, a lot of things you read will begin to make sense. But don’t fall into the demo trap. This trap makes you learn wrong skills if you spend too much time in the demo, and you need to move on to real trading soon in order to avoid it. The popular notion that you need to be able to win consistently in the demo before commiting real money is questionable, because real forex is a very different beast. . ..... Click

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