Newcomers and demo trading
Member Since Jul 23, 2020
869 posts
Sep 27, 2020 at 12:03
ElliotCooke posted:I agree. However, Trader lack emotion in demo account due to virtual money. They feel real emotion in live trading and make mistake because of that.
Every new trader should practice first at the demo account before entering into the live account. The demo account will help them to learn all the basics of forex perfectly.
Member Since Jun 30, 2020
37 posts
Oct 15, 2020 at 05:14
If you are a newcomer in the world of trading, you must begin with a demo account. You can practise with a demo account and later switch to a real account.
Member Since Jul 01, 2020
27 posts
Oct 19, 2020 at 12:39
Cannot agree more. Demos are absolute essential!
Oct 20, 2020 at 04:21
@Ezereombre yes demo is absolutely essential but need to use in a proper way. We can't take 1000000 balance and trade. We have to treat demo like real account. Take balance 200$ to 600$ and learn risk management.
Member Since Jul 19, 2020
318 posts
Dec 12, 2020 at 09:43
A demo account is the best way to learn forex properly and perfectly. So, every new trader should practice on a demo account before investing their money in a real account.
Member Since Feb 19, 2017
6 posts
Dec 13, 2020 at 15:32
You should trade on demo accounts. it will be better. what matters is that you are patient enough.
I TRUST IN GOD
Member Since Sep 12, 2017
238 posts
Dec 23, 2020 at 04:18
exactly. the beginner should always start with a demo. infact the experienced can trade on demo side by side to try new strategies
Member Since Oct 13, 2020
34 posts
Dec 24, 2020 at 12:26
Demo trading is essential not only for new traders but also for experienced ones. If I am to give my own example, I started trading first demo accounts of etrade and ib, and after almost 5 months went live. This was about 2 years back. I am still using both demo and live accounts simultaneously for practicing my strategies on demo before applying them on the live account.
Member Since Jul 23, 2020
869 posts
Dec 25, 2020 at 09:23
mitchelstrack posted:All brokers off demo account Exness is no different.
Does anybody know if Exness offers demo account.
Member Since Jun 15, 2020
59 posts
Dec 26, 2020 at 04:54
In that case go for a broker that offers a demo account, it’s always important to test a broker before going live with them.
Member Since Oct 05, 2020
30 posts
Dec 26, 2020 at 15:02
inspirenez posted:What’s the criteria here for classifying these brokers as good?
In that case go for a broker that offers a demo account, it’s always important to test a broker before going live with them. There are so many decent ones to pick from: Forex com, Fxview, IG.
Member Since Jul 20, 2020
298 posts
Dec 27, 2020 at 02:15
Demo trading is a must to gain trading experience. It is possible to create a strategy by trading a demo. Consistently profitable with that strategy.
Member Since Jul 23, 2020
869 posts
Dec 27, 2020 at 04:20
inspirenez posted:I think all broker offer demo account. Trade should test the services in demo account before investing money.
In that case go for a broker that offers a demo account, it’s always important to test a broker before going live with them. There are so many decent ones to pick from: Forex com, Fxview, IG.
