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DEMO ACCOUNT vs LIVE ACCOUNT

ema123
Feb 08 2017 at 13:08
32 posts
mlawson71 posted:
I agree. All that said, however, the demo account is still an indispensable tool for any trader. Yes, trading on it is not the same as trading with real money, but it also provides a safe environment to test out any new ideas, strategies, etc. without risking your money.


true that! demo account proves to be a good tool for learning more about trading and building some confidence in the newbies.

Nina (NEEnah)
Feb 09 2017 at 10:47
71 posts
ema123 posted:
mlawson71 posted:
I agree. All that said, however, the demo account is still an indispensable tool for any trader. Yes, trading on it is not the same as trading with real money, but it also provides a safe environment to test out any new ideas, strategies, etc. without risking your money.


true that! demo account proves to be a good tool for learning more about trading and building some confidence in the newbies.


I also agree with that! Good points!

VickyJones
Feb 09 2017 at 14:39
45 posts
ema123 posted:
mlawson71 posted:
I agree. All that said, however, the demo account is still an indispensable tool for any trader. Yes, trading on it is not the same as trading with real money, but it also provides a safe environment to test out any new ideas, strategies, etc. without risking your money.


true that! demo account proves to be a good tool for learning more about trading and building some confidence in the newbies.


For how long have you been using the demo account? Are you trading live as well already?

mlawson71
Feb 10 2017 at 12:56
1487 posts
ema123 posted:
mlawson71 posted:
I agree. All that said, however, the demo account is still an indispensable tool for any trader. Yes, trading on it is not the same as trading with real money, but it also provides a safe environment to test out any new ideas, strategies, etc. without risking your money.


true that! demo account proves to be a good tool for learning more about trading and building some confidence in the newbies.


My point exactly. One has to be aware, however, that the true confidence will eventually come from trading on a live account.

Ben (ben08in)
Feb 10 2017 at 13:18
47 posts
mlawson71 posted:
ema123 posted:
mlawson71 posted:
I agree. All that said, however, the demo account is still an indispensable tool for any trader. Yes, trading on it is not the same as trading with real money, but it also provides a safe environment to test out any new ideas, strategies, etc. without risking your money.


true that! demo account proves to be a good tool for learning more about trading and building some confidence in the newbies.


My point exactly. One has to be aware, however, that the true confidence will eventually come from trading on a live account.


Yeah, at some points the new trader has to go to the deep water to learn how to swim and get the confidence!

Trade fast, learn fast, never regret!
mlawson71
Feb 11 2017 at 12:22
1487 posts
ben08in posted:
mlawson71 posted:
ema123 posted:
mlawson71 posted:
I agree. All that said, however, the demo account is still an indispensable tool for any trader. Yes, trading on it is not the same as trading with real money, but it also provides a safe environment to test out any new ideas, strategies, etc. without risking your money.


true that! demo account proves to be a good tool for learning more about trading and building some confidence in the newbies.


My point exactly. One has to be aware, however, that the true confidence will eventually come from trading on a live account.


Yeah, at some points the new trader has to go to the deep water to learn how to swim and get the confidence!


One just has to go into the water, it doesn’t have to be the deep water at first. Learning on a small live account initially is also a good idea.

kieran (snapdragon1970)
Feb 11 2017 at 18:49
1945 posts
Has anyone checked out Tradenet with Meir Barak?

"They mistook leverage with genius".
MC85
Feb 13 2017 at 11:06
48 posts
snapdragon1970 posted:
Has anyone checked out Tradenet with Meir Barak?


Haven't heard if this. Will have a look, though.

darren (darrengreg)
Mar 17 2017 at 12:58
37 posts
A new trader can attain some knowledge through demo account and then for the practical training he should start the live account with a small amount.

MrMajk (PanMajk)
Mar 19 2017 at 08:21
10 posts
Been using demo account for 3 months and still I dont have enough confidence. I will practice for another 3 months at least or even to January if needed. Do I really need live account to build confidence?

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