The Pros and Cons, of Trading a Forex Trading Demonstration Account
Trading is a skill that takes time to learn. Think of it like Boxing its also a skill that takes time to learn.
If you get into a professional boxing ring without any training, youll get beat up physically! If you get into the Forex ring without any training, youll get beat up financially!
The similarities are that both the examples are Skills, and both require psychological preparation. The difference is that one is physical and the other is financial.
We can get over a physical beating usually in a few days or weeks, BUT a financial beating can be devastating and easily affect us for the rest of our lives, not only does it hurt our hip pocket but it can cause problems with our relationships and family. So when we get into the Forex ring we have to be prepared.
The Professional Boxer
When a professional boxer gets in the ring he has already been practicing in a safe environment usually for years, this safe environment is where he can make mistakes without having medical treatment. He can also spar with other opponents that have more skills and experience then he does...
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