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DEMO account for trading. Useful or notDEMO account for trading. Useful or not A demo account is considered by traders to be the safest method of learning to trade 😎 You are trading on virtual money. You have a sense of responsibility for this money and for your trade. The lack of psycho-logical pressure and emotional tension very "blinds" you. You become indifferent to your trade. You can stop putting on the feet and trade like a flop. A demo account provides an opportunity to gain experience 🐱‍👤 Demo account is comparable to the virtual world, where there is nothing real. There is no profit and no loss, you do not feel any of this. It is only needed for the initial stage, where you are just starting to understand the structure, orders, how everything works. On a demo account, you can check the strategy, system 📈 This cannot be done again because of the lack of attachment to money or lack of responsibility for their activities. A trading strategy gives success only if you follow everything that is indicated in it, without your own improvisation. Winning a demo account can tell you how to trade on a real account 🤑 Demo account in comparison with a real account are completely different things due to the emotional component, psychological, lack of responsibility and rashness. Any positive result on a demo account means nothing What, then, is a demo account needed? 🤷‍♂️ 🔼 For acquaintance with the trading platform and the characteristics of the trading market 🔼 For acquaintance with the financial tools on which you will be trading 🔼 To perfect your technical skills 🔼 To test your trading strategy ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Education
by DeGRAM
12
DEMO account for trading. Useful or notDEMO account for trading. Useful or not A demo account is considered by traders to be the safest method of learning to trade 😎 You are trading on virtual money. You have a sense of responsibility for this money and for your trade. The lack of psycho-logical pressure and emotional tension very "blinds" you. You become indifferent to your trade. You can stop putting on the feet and trade like a flop. A demo account provides an opportunity to gain experience 🐱‍👤 Demo account is comparable to the virtual world, where there is nothing real. There is no profit and no loss, you do not feel any of this. It is only needed for the initial stage, where you are just starting to understand the structure, orders, how everything works. On a demo account, you can check the strategy, system 📈 This cannot be done again because of the lack of attachment to money or lack of responsibility for their activities. A trading strategy gives success only if you follow everything that is indicated in it, without your own improvisation. Winning a demo account can tell you how to trade on a real account 🤑 Demo account in comparison with a real account are completely different things due to the emotional component, psychological, lack of responsibility and rashness. Any positive result on a demo account means nothing What, then, is a demo account needed? 🤷‍♂️ 🔼 For acquaintance with the trading platform and the characteristics of the trading market 🔼 For acquaintance with the financial tools on which you will be trading 🔼 To perfect your technical skills 🔼 To test your trading strategy ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Education
by DeGRAM
2
DeGRAM | GOLD in consolidation. Short Gold is currently in accumulation after a strong downside move, which is interesting that there is no pullback that would update local daily highs. Perhaps there is no buyer who would be able to redeem the instrument, plus, in addition, there are strong limit levels that do not let the price go in one direction or the other. I expect a downward exit from accumulation and a further fall to the nearest support at 1725 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
OANDA:XAUUSDShort
by DeGRAM
1
DeGRAM | USDJPY False breakout. PullbackThe currency pair has reached a key point by making a false breakout. All the strongest and longest movements usually occur after a false breakout, now the instrument is in the consolidation phase, there was an impulsive pullback, which was bought out and is not going to sell the instrument yet. After consolidation, I expect a pullback to the intersection of the support level and trend support 110.41 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Short
by DeGRAM
DeGRAM | EURUSD Change of trend?The Eurodollar price rolled back after touching the strong support line, which is the lower border of the price channel. The growing trend is still relevant for the situation with the global trend; it will be possible to talk about a change in the local trend after consolidation and the subsequent impulsive upward movement. I expect for the mid-term session the continuation of the upward movement to the first target - the resistance level of 1.2174 and further to the strong resistance line of 1.253 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
2
DeGRAM | EURUSD Resuming growth from strong levelsThe currency pair went beyond the strong support of 1.19 and consolidates above this level on a pullback, having also worked out the niche border of the price channel . Now the instrument is in the long zone and consolidation near this zone is a strong signal to enter a long position. I expect growth from the intersection of strong levels to the key point - resistance 1.2177 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
DeGRAM | GOLD fall without pullbackGold is in accumulation, under pressure from sellers, I think this will be understandable if we pay attention to the fact that there is no pullback after a strong fall. I suppose that the instrument can make several false breakouts from the flat, and as a result, I expect a downside exit from the achievement of the key point - support 1724. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
FX_IDC:XAUUSDShort
by DeGRAM
2
DeGRAM | GOLD fall without pullbackGold is in accumulation, under pressure from sellers, I think this will be understandable if we pay attention to the fact that there is no pullback after a strong fall. I suppose that the instrument can make several false breakouts from the flat, and as a result, I expect a downside exit from the achievement of the key point - support 1724. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
FX_IDC:XAUUSDShort
by DeGRAM
5
DeGRAM | EURUSD Resuming growth from strong levelsThe currency pair went beyond the strong support of 1.19 and consolidates above this level on a pullback, having also worked out the niche border of the price channel. Now the instrument is in the long zone and consolidation near this zone is a strong signal to enter a long position. I expect growth from the intersection of strong levels to the key point - resistance 1.2177 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
DeGRAM | GOLD shortGold entered a consolidation phase. The prerequisites for a further fall of the instrument are as follows: a downtrend, a deep complex false breakout, an upward local trend was broken, after a strong fall, the instrument does not roll back into a countertrend, but stands in strong accumulation, ahead of large targets, where there are many speculators (investors). Therefore, I expect that after accumulation, gold will go down and the nearest target is the intersection of the trend support and local support at the point - 1740. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
FOREXCOM:XAUUSDShort
by DeGRAM
DeGRAM | EURUSD growth from levelThe currency pair made a false breakdown of the support level of 1.19, after which it returned to the level and forms a consolidation within a small range. The support is strong, it has been confirmed numerously, the trend is upward, the picture did not break even considering the strong news last week. They are trying to buy off a couple. I expect growth after the end of the consolidation to the upper border of the price channel and the resistance level of 1.2275 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
DeGRAM | GOLD shortGold entered a consolidation phase. The prerequisites for a further fall of the instrument are as follows: a downtrend, a deep complex false breakout, an upward local trend was broken, after a strong fall, the instrument does not roll back into a countertrend, but stands in strong accumulation, ahead of large targets, where there are many speculators (investors). Therefore, I expect that after accumulation, gold will go down and the nearest target is the intersection of the trend support and local support at the point - 1740. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
FOREXCOM:XAUUSDShort
by DeGRAM
DeGRAM | GBPAUD Growth after correctionThe currency pair has broken through the upper boundary of a very long and very wide consolidation. If this breakout is true and after the correction and consolidation the instrument starts moving up, then this should be a very good movement, since a lot of energy has accumulated over the year. I expect a correction to the upper border of the range, or a false breakout along the trend, or a slight consolidation on lower timeframes and further growth to at least 1.8554 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
DeGRAM | BTCUSD False breakout. Will there be no growth?Bitcoin tested the local low and stopped at around 28600, making a false break and back above the level. The strongest movements occur after false breakouts, as we can see, there is no particular reaction here, the instrument returns under pressure from sellers or due to the lack of buyers to retest strong support. I still expect a continuation of the fall along the trend, at the bottom we have many key levels, to which, perhaps, a major player is striving. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
BINANCE:BTCUSDShort
by DeGRAM
DeGRAM | EURUSD growth from levelThe currency pair made a false breakdown of the support level of 1.19, after which it returned to the level and forms a consolidation within a small range. The support is strong, it has been confirmed numerously, the trend is upward, the picture did not break even considering the strong news last week. They are trying to buy off a couple. I expect growth after the end of the consolidation to the upper border of the price channel and the resistance level of 1.2275 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
1
DeGRAM | PHASES, MARKET BEHAVIORA Growing trend. Bull market CONSOLIDATION (ACCUMULATION) Large players risk unlocking the potential of the instrument, actively investing, although there is no clear picture of further growth. The market is full, big exchanges, big losses, someone manages to make money. Energy is accumulating STRONG BULLISH TREND The beginning of the excitement, news, speculative activity, brokers, sales departments, solid motivation for all speculators to purchase the instrument. Technical traders make a lot of money in these times of the market. Capturing liquidity and deceiving participants by a large player. They drag the price above the previous peaks, supposedly showing that we will move up, and then turn around and go down, collect everything that is needed and after accumulation continue to follow the trend. MADNESS STAGE The market is very active, the participants catch up with the departing train and try to drop in to earn money. A Falling trend. Bear market DISTRIBUTION Large players are exiting the market for high pitched reasons. There is unloading, distribution. Private traders are still active. High volumes. Decrease. PANIC PHASE More and more sellers appear, including large ones. The fall is accelerating, the sell-off is strong. Strong buyers change positions or leave the market. The third phase is a huge drawdown, a hopeless situation for buyers. The downward movement is gradually stopping, but there is still no major buyer in the market, everything is characterized by negative news or market sentiment. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Education
by DeGRAM
30