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The demo account is the master

Michihito
Feb 26 at 14:06
298 posts
The demo account is the master place for a beginner to acquire all basic fundamental information which is very supportive to continue a live account in a proper way. But practically most of the beginners don’t believe the importance of this trading place at all. In my trading career, I use all my trading strategies in demo trading to see the performance how it works.

UweMoench
Feb 26 at 14:18
356 posts
Those who think demo trading does not have any value they learn the value of demo trading the hard way. That is by losing a decent amount of money. A Demo account is an important tool for a trader.

Radhames6
Feb 26 at 19:49
1 posts
Couldn't agree more. Its all also about know where every fits within the puzzle comfort on the platform.

AliaDare
Feb 27 at 01:04
397 posts
Demo accounts help a lot to make the trader professional. Such as how to do analysis, how to maintain money management, and risk management. It is possible to gain knowledge about all these issues from the demo account.

sailingconsist
Mar 04 at 11:28
33 posts
UweMoench posted:
Those who think demo trading does not have any value they learn the value of demo trading the hard way. That is by losing a decent amount of money. A Demo account is an important tool for a trader.

If it wasn’t for my demo account I would have never made it this far!

carolehaye
Mar 05 at 04:00
18 posts
sailingconsist posted:
UweMoench posted:
Those who think demo trading does not have any value they learn the value of demo trading the hard way. That is by losing a decent amount of money. A Demo account is an important tool for a trader.

If it wasn’t for my demo account I would have never made it this far!

Which ones did you use? I can’t seem to settle on one….

sailingconsist
Mar 05 at 11:40
33 posts
carolehaye posted:
sailingconsist posted:
UweMoench posted:
Those who think demo trading does not have any value they learn the value of demo trading the hard way. That is by losing a decent amount of money. A Demo account is an important tool for a trader.

If it wasn’t for my demo account I would have never made it this far!

Which ones did you use? I can’t seem to settle on one….

That’s something that all traders have encountered. What to do? There are so many choices! I had used Pepperstone. Both good as per my requirements. Even you should first identify your trading style and then according to that go for brokers.

carolehaye
Mar 06 at 03:57
18 posts
sailingconsist posted:
carolehaye posted:
sailingconsist posted:
UweMoench posted:
Those who think demo trading does not have any value they learn the value of demo trading the hard way. That is by losing a decent amount of money. A Demo account is an important tool for a trader.

If it wasn’t for my demo account I would have never made it this far!

Which ones did you use? I can’t seem to settle on one….

That’s something that all traders have encountered. What to do? There are so many choices! I had used Fxview and Pepperstone. Both good as per my requirements. Even you should first identify your trading style and then according to that go for brokers.

Thanks for replying mate. I am trying my hand at scalping….

josejames
Mar 11 at 12:22
16 posts
Demo accounts work great for both new and professional traders. You can test as many strategies as you want on your demo account before risking your money.

LyudmilLukanov
Mar 12 at 04:02
361 posts
josejames posted:
Demo accounts work great for both new and professional traders. You can test as many strategies as you want on your demo account before risking your money.

Traders can also test broker services in demo account without investing money.

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