Demo trading
Member Since Feb 20, 2019
11 posts
Feb 20, 2019 at 09:58
Imamul posted:
Demo trading the first of trading in Forex , but Honestly speaking I have never used this trading place when I was a newbie. Because I was bored in here. I studied in Pips School and besides this i was in live account with small balance. It worked greatly instead of demo account.
How did that work for you? Are you now profitable?
Bongotrader (expkhaled)
Member Since Sep 12, 2018
22 posts
Feb 21, 2019 at 15:21
if you have available money to loose then real is better. Demo is best for who have no ability to loose at all @ primary level. because @ primary level you have to loose.
Day by day having better, better and better...
Member Since Feb 22, 2019
11 posts
Feb 24, 2019 at 07:30
what do you mean by 'primary level'. Why would you have to lose at the primary level
Bongotrader (expkhaled)
Member Since Sep 12, 2018
22 posts
Feb 24, 2019 at 10:50
WinterWalker posted:Any 1 need to loose because if u loose then u get a idea to how make profit. Without loose u didnt make money in forex. That`s why you need to drive demo.
what do you mean by 'primary level'. Why would you have to lose at the primary level
Day by day having better, better and better...
Bongotrader (expkhaled)
Member Since Sep 12, 2018
22 posts
Mar 01, 2019 at 13:35
Mohammadi posted:ok profitable in demo. May i know is it system wise demo or 5000 & 10000 usd demo. if you use large account in demo then real is like that type of demo. I think we use as careless. We want to invest 100 or 500 usd and we use 5000 or 10000 usd. How it will workable. You have to use demo as real. That is if you want to invest 100 then demo is 100usd ok.
i was profitable in demo with this trading approach but didn't get same result when starting real account.
Day by day having better, better and better...
Member Since Aug 05, 2017
289 posts
Mar 03, 2019 at 06:30
Yes you should use a demo account size that is realistic.
Member Since Aug 05, 2017
289 posts
Mar 03, 2019 at 06:31
Mohammadi posted:
i was profitable in demo with this trading approach but didn't get same result when starting real account.
Emotions play a large part in LIVE trading.
Mar 03, 2019 at 06:34
So many demo start at $10,000 but with low leverage accounts trading with $10,000 is very different to $100. My account is small so I asked broker to change my demo account size to only be $100 it limit the trades I can take but better practice
Member Since Feb 10, 2019
54 posts
Mar 05, 2019 at 07:29
jamesgwyther posted:Mohammadi posted:
i was profitable in demo with this trading approach but didn't get same result when starting real account.
Emotions play a large part in LIVE trading.
Yes they certainly do!
Member Since Feb 20, 2019
11 posts
Mar 06, 2019 at 12:54
rorofx posted:
demo is must for a new trader, but certainly is not same as live trading. according to me, real experience comes from live trading only and demos are just a way to learn how to trade.
Very true but demo is very good for total newbie. Just to learn how to use the trading platform it is advantage to play on demo. Live is best but can be expensive so demo can help
Member Since Feb 11, 2019
34 posts
Mar 10, 2019 at 06:46
how long should a newbie demo for guys? thanks
Frank Martin (frankmartin1)
Member Since Dec 18, 2018
46 posts
Mar 12, 2019 at 08:10
Mohammadi posted:
The demo account is really important for all kinds of traders in particularly the newcomers. in my trading career, after passing a long time I still depend on demo account for some inevitable reason, I use all my trading strategies first of all in demo account to see the performance how it works. this approach always helps me for avoid risk in live account when trading practically. What is your experience in demo ?
Before start live trading, I have practiced 8 months in the demo.
I think it's an essential part to be a good trader.
ForexScreamer
Member Since Jun 13, 2017
49 posts
Mar 14, 2019 at 07:22
tracydavison posted:
how long should a newbie demo for guys? thanks
Until you start making money consistently. Once that happens it's tough to stay in demo. You start thinking 'I could be making real money!'
Mar 17, 2019 at 09:53
The traders who are particularly beginners don’t believe the importance of demo account at all. My trading career after passing a long time I still dependable on demo account, I use all my trading strategies first of all in demo account to see the performance how it works. It always helps me to avoid risk in live trading.
Mar 20, 2019 at 11:24
ForexScreamer posted:i agree. then they jump into real market with big cash and lose. demo trading is necessary and small account after that. so not jump to big trades directly after demo.tracydavison posted:
how long should a newbie demo for guys? thanks
Until you start making money consistently. Once that happens it's tough to stay in demo. You start thinking 'I could be making real money!'
