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Is demo trading enough before real account?
Dec 15, 2022 at 06:15
fiona_78 posted:
I believe that before going live it's really important to practice in the demo account first. I am reading and researching more about it.
Demo trading can be quite beneficial as traders get to test out strategies and spend time understanding the trading process through virtual currency. This boosts confidence and gives them a higher chance of succeeding in the marketplace.
Dec 19, 2022 at 11:29
Demo trading is an excellent way to hone your trading knowledge and skills. You can also try out different trading strategies to see which ones work best for you. Definitely, this will prepare you for live trading. However, keep in mind that results on a demo and live trading accounts rarely match. So when entering into live trading, start small.
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