Trading Forex For Beginners - Trading Forex Asia - How to Using Demo Account and Real Account Trading Forex?
After you follow the steps to learn forex trading for beginners on this blog:
1. Get to Know Trading Forex
2. How to Register Demo Account Forex?
3. Account Demo in Forex Trading - When you can use a real Account to get profit?
Have you done the three steps and you understand them?
If it is already. Let's prepare ourselves to become a True Trader, because your steps to become a Success Trader are starting to close! Because this step is the step that you have been waiting for, which is how to trade with a demo account or a real Forex account?
Well, before we start the basic science of running a Demo Account and a Real Forex Account I repeat once again, have you read and done the following steps?
If not, please read and do it first.
How to Register Demo Account Forex?
Account Demo in Forex Trading - When you can use a real Account to get profit?
Because if you skip this part you will not be able to follow the next step. If so, let us continue with our Forex Trading learning ...
Picture1 Demo
Picture2 Real
Picture1 is a display image of the menu in the forex trading platform on your demo account. There is clearly a description of "Meta-Quotes-Demo"
If you are currently opening your Demo Account, you will see a row of the same menu displayed in your MetaTrader Application.
While Picture2 is a display image from the forex trading platform menu on a Real account. Read description of "Broker-Real Name11"
At first glance we can see no difference between a demo account and a real account, then where is the difference? Read more Real Account and Demo Account Trading Forex.
Long story short, demo accounts use capital from brokers, which if you get profit from trading activities you cannot make a withdrawal because the capital belongs to the broker.
While doing forex trading with a real account, capital from our own by way of a deposit through an exchanger (depending on the method offered by the broker: can be through bank transfer, Fasapay, perfectmoney or other third parties) the profit generated can we make withdrawals as well as withdrawing your deposit.
• Will be discussed in full in How to Deposit a Real Forex Trading Account
The presentation of the Demo Account and Real Account menus is almost the same. Begin with the Logo Broker you use - Your Name - Account Number - Account type (Demo / Real)
Then after taking a quick look at the menu, let's discuss one by one.
1.Menu "Quotes" If you click the "Quotes" menu the image will appear as above: Menu Quotes contains the current world currency rates, values can change at any time even in seconds, maybe even milliseconds. Wow, fantastic. Likewise with the "Chart" menu
2. "Chart" menu Chart contains world currency rates in the form of diagrams or often called candles because of the shape that looks like a candle.
Quotes and Chart are both used to monitor prices offered and are used by traders to analyze both fundamental and technical analysis. On the "Chart" menu you will see two blue and red lines that move dynamically. Then what are the two lines?
The red line shows the highest price of the currency exchange rate you were watching at that time.
Whereas the blue line shows the lowest price. In the trading activity, you will use the red and blue lines as the Open Position and Close Position limits.
Look forward to the next explanation.
1. Get to Know Trading Forex
2. How to Register Demo Account Forex?
3. Account Demo in Forex Trading - When you can use a real Account to get profit?
Have you done the three steps and you understand them?
If it is already. Let's prepare ourselves to become a True Trader, because your steps to become a Success Trader are starting to close! Because this step is the step that you have been waiting for, which is how to trade with a demo account or a real Forex account?
Well, before we start the basic science of running a Demo Account and a Real Forex Account I repeat once again, have you read and done the following steps?
If not, please read and do it first.
How to Register Demo Account Forex?
Account Demo in Forex Trading - When you can use a real Account to get profit?
Because if you skip this part you will not be able to follow the next step. If so, let us continue with our Forex Trading learning ...
Picture1 Demo
Picture2 Real
Picture1 is a display image of the menu in the forex trading platform on your demo account. There is clearly a description of "Meta-Quotes-Demo"
If you are currently opening your Demo Account, you will see a row of the same menu displayed in your MetaTrader Application.
While Picture2 is a display image from the forex trading platform menu on a Real account. Read description of "Broker-Real Name11"
At first glance we can see no difference between a demo account and a real account, then where is the difference? Read more Real Account and Demo Account Trading Forex.
Long story short, demo accounts use capital from brokers, which if you get profit from trading activities you cannot make a withdrawal because the capital belongs to the broker.
While doing forex trading with a real account, capital from our own by way of a deposit through an exchanger (depending on the method offered by the broker: can be through bank transfer, Fasapay, perfectmoney or other third parties) the profit generated can we make withdrawals as well as withdrawing your deposit.
• Will be discussed in full in How to Deposit a Real Forex Trading Account
The presentation of the Demo Account and Real Account menus is almost the same. Begin with the Logo Broker you use - Your Name - Account Number - Account type (Demo / Real)
Then after taking a quick look at the menu, let's discuss one by one.
1.Menu "Quotes" If you click the "Quotes" menu the image will appear as above: Menu Quotes contains the current world currency rates, values can change at any time even in seconds, maybe even milliseconds. Wow, fantastic. Likewise with the "Chart" menu
2. "Chart" menu Chart contains world currency rates in the form of diagrams or often called candles because of the shape that looks like a candle.
Quotes and Chart are both used to monitor prices offered and are used by traders to analyze both fundamental and technical analysis. On the "Chart" menu you will see two blue and red lines that move dynamically. Then what are the two lines?
The red line shows the highest price of the currency exchange rate you were watching at that time.
Whereas the blue line shows the lowest price. In the trading activity, you will use the red and blue lines as the Open Position and Close Position limits.
Look forward to the next explanation.
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