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Re: Is Micro account best way?

#13
Trader's confidence: First, it comes from confidence in technology; second, there is enough principal to deal with market fluctuations. Otherwise, confidence will become self-righteous and will be punished by the market.

Re: Is Micro account best way?

#15
If you are quite new to trading, then micro account is one of the best way to start off. Basically, it allows you to trade with 0.01 lots instead of 1 lot and minimizing the risks a lot of money.


Re: Is Micro account best way?

#17
dw13 wrote:
Wed Sep 01, 2021 6:20 pm
If you are quite new to trading, then micro account is one of the best way to start off. Basically, it allows you to trade with 0.01 lots instead of 1 lot and minimizing the risks a lot of money.
Yea, I agreed with this. Micro is probably the best option if you are starting off and want to take it easy with funds.

Re: Is Micro account best way?

#18
For beginners, micro account is the best because it requires lower balance and risk. Even though the profit earned is not that great, but traders experience live trading at a lower cost.

Re: Is Micro account best way?

#19
I believe so yes.

Practicing and learning with real money is the only way to understand emotions and mind set in trading, it just simply cannot be taught on a demo account.


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