Mohammadi posted: practice is important and for that demo is a good choice , but i dont like this, i always try to maintain live account with minor balance . its supportive to acquire live knowledge and experience.
Yes. You are right. To learn the trading, Demo account is the best option.
in Forex trading traders use demo according to their need , most beginners use this platform when start trading after basic knowledge , its the master place to practice in a proper way , it should not be ignored.
For me, demo trading is so useless (in my experience, at least). It's really only useful for familiarizing yourself with the platform, but with regard to actual trading, hasn't been that helpful for me. I mean, for real though, no one takes play money seriously lol. Dip your feet in the water! You can always start small, then just gradually increase it as you gain more experience.
“All our dreams can come true, if we have the courage to pursue them.” – Walt Disney
I consider demo trading as one of the important steps that a trader should perform before going into live trading. Trading on demo accounts will give you a better understanding of the market and will also help in identifying risks that can be avoided while making live trades.
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