Step 3 - Practice
To become an expert in any field requires more than just knowledge.
To master the trading skills you need to have takes time. You will
have the benefit of practicing for as long as it takes in your demo
account to be consistent without the fear of losing your hard earned cash.
Every trade you place will be a lesson learned. Sometimes currency
trends are predictable. Other times, you'll be
shocked by the markets reaction and you need a plan that handles every situation.
It's important to stress here that every trader has losing trades.
In our opinion, having a proven starting strategy and consistent practicing will help
you become better at recognizing patterns and trends, increasing your
knowledge as a trader.
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