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Importance of demo trading

BonkersBit
Nov 30 2017 at 15:34
10 posts
yeah make sure they are properly regulated. Not somewhere in the Caribbean!

FlavioGonzalez
Dec 17 2017 at 08:27
14 posts

I recommend using the demo for 3 months at least, and then start a little bit with reality, since it is our money that we speak of, you must be sure. This issue is complex and you always have to go for the safe side

mlawson71
Dec 26 2017 at 16:09
1487 posts
FlavioGonzalez posted:

I recommend using the demo for 3 months at least, and then start a little bit with reality, since it is our money that we speak of, you must be sure. This issue is complex and you always have to go for the safe side


I would even say that three months is too short a period to learn to trade relatively well on a demo account. I would recommend a longer period.

raphaelcol
Jan 09 2018 at 08:06
10 posts
Instead of boring I would say that it is quite entertaining, it is difficult to fall into a mnotonia within the stock market, because it encompasses all the problems worldwide. How to get bored with this? It is a matter of locating the best for you and adapt to it with ease

johnnathan
Jan 09 2018 at 14:46
9 posts
Hi all!
A Demo Account Plays a vital role when comes to the point you need to select a broker and you feel like testing all the conditions they provide, also if someone is a newbie he can practice on the demo account and then after attaining experience he can jump to the live account.

perryjohn765 (perryjohn765)
Jan 14 2018 at 07:29
149 posts
Demo account is must this is what I consider. Before you trade on the live account you can practice the strategies and the executions on the demo account. If something does not go right in the demo it is not a matter of worry as it will not cost you anything. In the live account, one will be afraid to apply his strategies and try something new that with the demo account it can be done without any real money included.

Holder
Jan 16 2018 at 15:49
5 posts
Very well said. I would also like to add that when moving to a live account you should start with 0.01Lot first and ease your way in

NeuroticTrades
Jan 17 2018 at 06:37
16 posts
Yes I have gone back to my demo after burning a small amount of money. I was on a 55/45 loss win but over time i can't sustain this if I want to have a future in trading. Back to demo to refine my skills for now. And starting with a 0.01 position is a very good IDEA.

Make Money Not Dreams
HowardLu_FX
Jan 19 2018 at 08:42
4 posts
instead of demo account, I know some broker also provide test account, which uses real server, so will have slippage or delay like a real account. more realistic, I think.

mlawson71
Jan 24 2018 at 16:11
1487 posts
HowardLu_FX posted:
instead of demo account, I know some broker also provide test account, which uses real server, so will have slippage or delay like a real account. more realistic, I think.


I've never heard of test accounts. What kind of money do they use?

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