My experience

Forex an activity buy and sell currencies in a market, someone who do this activity called by trader. For over a month I became a trader. actually this is our assignment given by my lecturer in Business English course. Quite difficult for a beginner like me. I started trading early, I was still very confused. I trade with a simple concept first taught by my lecturer. first play, I use demo trading for starters as well as to find my own strategies that I can use in trading and I get profit $30, but after that I have a loss continously. However, I am still trying to find the youngest strategy that allows me to make a profit even though I am experiencing non-stop loss.

 

After a long time I tried, I finally found my own way. I will only buy when the chart is at 1.7 ++, so I will get a pretty high profit when the chart bounces up. However, does not guarantee will get a profit continuously, there will be a deposit loss because the chart is very difficult predicted especially by beginner traders like me.

 

My last trading on the demo account got a profit of $662 from $5,000 to $5,882. After that, I switched to trade in a real account with a $268 deposit I had. in a day I changed my deposit to $520. but, on that day too I suffered a very drastic loss just because I did not slaughter the trading chart. my deposit became $10.

 

What my teacher said was true. When trading in a demo account, there is no fear of thinking at all to lose. But, when using a real account, it will be very careful in trading so afraid to lose a bit. So the point is, do not ever think of fear of unwanted things if you do not want that to happen. I think this is just an experience I can share. Thank you.