Mohammadi posted:
demo is a place to prove yourself how can you handle trading strategies you have , so, don't ignore the demo , you suggest 3-4 months to stay in here , its a long time for beginners level to keep patience in here, that's why i prefer minimum 1 months for that.
Yes. You are right.
The most important advantage of a demo account is the possibility of training without incurring losses. As for me, this is really important.
because the demo was created to get practice, for any trader, the level of work is not laid there as on a real account, these are still different things
Nov 01 2021 at 18:01
Because it doesn't need any invetstment.
Demo is easy because we don't feel any emotions while trade as profit or loss won't affect us financially. But when it comes to real money, our emotions get involved.
Nov 06 2021 at 16:19
Akasuki posted:
Demo is easy because we don't feel any emotions while trade as profit or loss won't affect us financially. But when it comes to real money, our emotions get involved.
I also agree with you, in demo trading usually emotions work so it is much easier to make a profit.
Nov 07 2021 at 08:03
Zero emotions, nothing is like trading with real money
bax699 posted:
Zero emotions, nothing is like trading with real money
Of course, there is no fear of losing money while doing demo trading, so emotions are free. There is no profit even if it is profit, again it is the same thing even if it is a loss.
AliaDare posted:bax699 posted:
Zero emotions, nothing is like trading with real money
Of course, there is no fear of losing money while doing demo trading, so emotions are free. There is no profit even if it is profit, again it is the same thing even if it is a loss.
Yeah I agree, but demo trading is one of the best ways to learn forex trading before entering into the live market.
Of course there is some difference but I think half the problem is that people don't treat their demo accounts as if they are live accounts, making decisions as they would live. Doing so at least somewhat prepares you more as it builds good habits regarding risk and capital management.
If you can't spot the liquidity then you are the liquidity.
Nov 08 2021 at 13:01
AliaDare posted:
I've said before that emotions don't usually work in demo trading. Demo trading has virtual money, it is not a problem to lose money, so emotions usually do not work. Many traders make a lot of profit in demo trading but they do not get good results whenever they go into real trading. Greed and fear can cause this problem.
So true, some of the harder battles are in the mind than on the broker. It is key to try live accounts too even if its for a small amount
Nov 08 2021 at 13:39
UweMoench posted:
You do not have to worry about losing your money when you are demo trading. your demo account does not demonstrate to you industry standards to manage the sentiment fear. That's why you remain emotions while in demo. But when you come to live trading from demo trading, you brings emotions (the fear of losing and greed more more profit) with you. That's why the result between demo and real account is not the same.
Demos are good for newbies and testing and playing around with
because the demo is a teaching resource, it is very simple for this, so that people switch to real life more believing in their own strength
Nov 09 2021 at 14:45
Demo is specially created for being easy. The main objective of demo account is to meet a new trader with trading activity. Demo trading implies the acquintance with trading activty and with mechanics of market price change. Of course, it's easy, you don't need to put your money on demo and trade them. Demo account implies the particular sum of money on it in order to let you practice on it. I believe that if there would be no demo, lots of traders would just lose their money. However, the positive side of this phenomenon would be the decreasement of competition in trading activity and the decreased amount of market makers.
Nov 11 2021 at 04:00
Demo trading is easier because traders trade without emotions.
Nov 11 2021 at 04:05
The basic reason that we find demo easier than live trading is because there is no real money involved.
However the most important reason I believe is that while demo trading, it’s easier to forget your losses because you won’t have lost any money in real, but when we lose even a small amount in live trading it has a significant impact on us.
However the most important reason I believe is that while demo trading, it’s easier to forget your losses because you won’t have lost any money in real, but when we lose even a small amount in live trading it has a significant impact on us.
marindateal posted:
Demo trading is easier because traders trade without emotions.
Yes. demo is the best place to learn.
Nov 13 2021 at 05:54
Although, demo accounts are a good start for beginners but one has to comprehend that if you earn handsome amount in demo account, it is not necessary you will earn same kind of profits in live accounts as well.
