[Bonus Chapter] If you’re starting discretionary trading, use demo trading and practice materials!
If you trade by yourself (discretionary), start with practice on a demo trade
For those who want to try FX on their own (discretionary), start with a free demo account!
“I want to make money right now!”There may be people who think this.
However, please wait a moment!Trading is not something you can win without knowing anything.
By properly practicing with demo trades, you can prepare to grow your money.
Demo trading can be used with any securities company, but our recommendation is “Gaitame Finest” which supports MT4. Because it's MT4, you can also use indicators that facilitate chart analysis.
Discretionary trading is a waste of time to learn on your own. Learn from proven performers
FX may be winnable someday even with self-study.
However, most people either give up partway or end up with a blown real account after trading in real accounts.
To avoid that, learn from a professional trader who has results.
On GogoJungle’s Investment Navigator, the always-top-ranked “FX Investment Members Blog” is recommended.
Additionally, there are contents where professionals who have worked in financial institutions explain market trends for study.
All of these are attractive and tempting, butif you want to learn discretionary trading, focusing on one path and studying for several months is the quickest route.
Moreover, even when using signal tools,practice is necessary.
Rather than immediately trading in real markets just because signals appear, try to practice on demo for about three months!