Just like your face a fake girlfriend, when you love too much with your girlfriend, it will very painful when she leaves you, but when your love is only fake to your girlfriend when she leaving you will be nothing, your feeling is like as usual no broken heart, in a demo account, you just love with fake love, because it does not use real money when you loss will felt nothing, but in the real account, you spent real money, and when losing the money you will felt emotion in real.
Nov 15 2021 at 01:59
Our training begins with the demo account, and the more interest we get into the demo account, the more we can learn about the Forex trading system. Demo accounts should be taken seriously since they're just like real accounts.
Nov 16 2021 at 07:18
Demo accounts allow you to trade without using your own money but instead 'pretend' that you are doing it with the help of play money. New traders make their mistakes there and can learn from those mistakes without any risk.
Nov 16 2021 at 14:58
It's true that there are differences and a demo account can't prepare you for the psychological aspects of trading on a live account. However, demo accounts still have a lot to teach us and they're the best hands on tool for traders. I also think we can all avoid some early losses by practicing on one. The best way to avoid being affected by the changes is to do research on psychological trading problems (like analysis paralysis, ego issues, etc.) so that you have knowledge of them and to trade with good risk management precautions, as that can take away some of the anxiety.
Nov 17 2021 at 06:18
A demo account helps beginners to learn and gain confidence in forex trading. It is easier as the account is a virtual one and your real money is not involved. There is no fear of losing money in reality.
because the demo was created to help the trader in learning and practice, that's why it is so easy, you can't make the demo too close to real
Nov 19 2021 at 06:53
Trading via a demo account is easier as compared to live trading. The main reasons are that the demo is a virtual trading account and there are no potential risks of losing your real money.
In demo account we don't feel anything if we are going lose any trade. But in live trading we get restless if a trade goes against us. To deal with it, we need to develop a good trading psychology along with trading skills.
It should be understood that a demo account is just an opportunity to learn how to work in this industry without losing funds.
Nov 20 2021 at 08:06
Exactly but it teaches a lot about the real market. Though real money not involved but demo helps in better chart analysis, and habit of apply stop loss.
With demo, you just know that the monetary aspect when trading is not real, so you are not mentally affected when you made some losses, that's why it is easier to trade in demo.
It’s not easy, but useful. For example, when I was learning to work, I used a demo account of the broker.
demo is not easy because it is really difficult to keep patience when trading in a demo account , because there is no real money ion there.
Nov 21 2021 at 18:27
Davidfx89 posted:I agree with you.
demo is not easy because it is really difficult to keep patience when trading in a demo account , because there is no real money ion there.
First impression trading in the demo is easy because no emotion pre4ssure when trading use demo account, also initial capital on demo account usually very big more than $5000, and we know if amount capital also impacted to the strength of account, ideally use bigger capital and low capital when using same position size will strongest use bigger capital to withstand price movement
Nov 22 2021 at 11:17
Demo is easy because you are not connected with the live market but getting same quotes as real traders are getting. There is no real monetary pressure because of which you're trading stress free.
The demo is an important step for a beginner. This stage is the most important for this category of traders.
It depends on you how you are thinking about trading. Try to consider a demo account as live trading and make a journal with your own strategies, thoughts and live trades. It would be good for you if you made a journal about your trading with the demo. You can utilize these experiences when you start trading with a real account, and your mistakes will be small.
Nov 26 2021 at 05:22
Demo account provides a risk free environment where traders are not afraid to take chances. Even if you lose in demo account, you will not have to face the feeling of losing actual money. When you lose real money, that can hit you quite strongly, as you will realize that this is not a game. Your actual money that you worked for and earned is gone.
Demo accounts won't prepare you for loses. Only live account can prepare you for that.
Demo accounts won't prepare you for loses. Only live account can prepare you for that.
Nov 26 2021 at 08:03
Tiffany07 posted:Yea, you are just not scared of losing money while trading in demo, so that can be one of the reason why demo trading is too easy, as compared to live trading.
With demo, you just know that the monetary aspect when trading is not real, so you are not mentally affected when you made some losses, that's why it is easier to trade in demo.
