This is a short one. The fastest way to make money on forex is to open a forex demo account now and a live one tomorrow. All other ways are longer by at least one day. Or a month. Or a year. Or a life.
Books and websites teach you principles. It is up to you to learn application. All you need to know to begin trading can be read in an hour. Another day of reading is not going to get you anywhere.
Simulated trading in a forex demo account teaches you to use your forex platform. It has little value beyond that, it’s just a computer game. Once you know which buttons to push, you’re done. Another day of playing computer games is not going to get you anywhere.
Trading in a real forex account teaches you to lose. Books and games can not prepare you for the encounter with your own greed and your own fear. Once you know that the market is smarter than you, and there are no shortcuts, you’re done. Another day of losing is going to get you in trouble.
Time to read books again.
This is the fastest way to make money on forex that I know. Start today.
I read similar article also named emo Account — – Forex Demo Account: The Fastest Way to Make Money on Forex, and it was completely different. Personally, I agree with you more, because this article makes a little bit more sense for me
I have to say, that I could not agree with you in 100%, but it’s just my opinion, which could be wrong.
Found your blog on yahoo – thanks for the article but i still don’t get it.