no_frame
Členem od Aug 21, 2021
61 příspěvků
Oct 13 2021 at 11:32
As per my point of view, through demo trading you can enhance your skills, know about a particular trading environment and can make yourself prepare for the live trades.
manirex
Členem od Jul 03, 2021
18 příspěvků
Oct 14 2021 at 04:40
The demo helps to learn trading skills. It is very difficult to make money from trading if you have incomplete knowledge about the forex trading Therefore, all types of analysis should be practices through demo trading.
Unellene
Členem od Aug 01, 2021
283 příspěvků
Oct 17 2021 at 10:09
demo solves too much in the work of any trader, the main thing is to use it correctly for each of your work questions
Dimitar001
Členem od Apr 21, 2021
12 příspěvků
Oct 18 2021 at 08:51
Demo account is good for newbies. When you just start your trading way. Demo is good for testing your strategy. MAybe that's all. :-)
SebastianPawl
Členem od Dec 15, 2019
20 příspěvků
Oct 20 2021 at 16:41
The main goal of demo trading is to meet a trader with trading activity. It's a quite good instrument for acquiantance with various oeculiarities and features of trading activity. It literally teaches you how to trade. It's a great empirical method I guess. There are no alternatives to it. Even if you will watch some videos where traders make traders, it won't give you such experience as your own demo-trading will. In my opinion, the main two things in the process of learning trading activity are theory (videos,courses,information) and demo-trading. All brokers offer such a function. You can also create, edit and test strategies on demo account.
forexstudio1
Členem od Jun 17, 2021
12 příspěvků
Oct 21 2021 at 05:44
Demo account is necessary to build skills to move in real trading world.
manirex
Členem od Jul 03, 2021
18 příspěvků
Oct 21 2021 at 06:11
Its forex traing process to make ready for live trading.
croisssan
Členem od Jul 22, 2021
939 příspěvků
Oct 21 2021 at 08:50
The biggest advantage of a demo account is the ability to learn without losing funds. As for me, this is a really very important aspect.
GraceGilm
Členem od Oct 21, 2021
154 příspěvků
Oct 21 2021 at 15:13
The demo gives a lot to beginners, so I advise you to always use the demo in your work
marindateal
Členem od Jun 14, 2021
53 příspěvků
Oct 26 2021 at 04:42
Demo accounts offer an opportunity for traders who are interested in learning more about forex trading or who want to test out a new type of trading strategy without putting their money at risk. But it will not give you the experience of actually trading.
Akasuki
Členem od Mar 28, 2021
617 příspěvků
Oct 26 2021 at 07:01
@marindateal Yes demo is very beneficial for learners. Some people say it has no use. But to test our strategy demo is the best platform. We can't risk money by testing a strategy on live account.
Seb King
(sebking1986)
Členem od Apr 09, 2019
538 příspěvků
Oct 26 2021 at 10:52
For developing your skill and understanding of the way the market moves. This helps for strategy development and testing.
If you can't spot the liquidity then you are the liquidity.
skihav
Členem od Sep 05, 2021
801 příspěvků
Oct 26 2021 at 13:08
As for me, the advantage of a demo account is the ability to learn without any special losses for the trader himself. This is really very important!
marindateal
Členem od Jun 14, 2021
53 příspěvků
Oct 28 2021 at 04:42
Akasuki posted:Absolutely, I would just say that a demo trader need to however keep trading realistic, and not use a bigger amount in demo when in live he would be using a smaller account.
@marindateal Yes demo is very beneficial for learners. Some people say it has no use. But to test our strategy demo is the best platform. We can't risk money by testing a strategy on live account.
Willowerno
Členem od Jun 19, 2020
38 příspěvků
Oct 28 2021 at 06:38
Demo trading is not mandatory, but it is essential to test and enhance your trading skills. The purpose of demo trading is to strategize and develop practices that can make you a trader who knows how to minimise risks.
UweMoench
Členem od Jul 19, 2020
751 příspěvků
Oct 28 2021 at 09:29
@Willowerno Without Demo trading if anyone wants to Forex trading, he has to lose a lot of money just to get basic ideas of how trading works.
forextrader777
Členem od Jan 16, 2021
133 příspěvků
Oct 28 2021 at 10:22
Demo accounts are a great way to get your hands on in trading. Especially if you’re a beginner, you should start trading on a demo account however it does not always give you a real experience. You'll get to experience some things like difference in spreads, re-quotes, slippage, over-trading and other emotional issues while trading live only.
skihav
Členem od Sep 05, 2021
801 příspěvků
Oct 28 2021 at 13:25
The main task of a demo account is to teach a trader to work. As for me, this is really the key goal of working on a demo account.
Suradi
(FXOday)
Členem od Apr 03, 2021
429 příspěvků
Oct 28 2021 at 23:07
Although beginner traders can jump to use the real account, however, it's not good to step, and maybe will close to suicide account, trading forex looks simple in theory, but actually complex and complicated in reality, this is need skill to work profitable, demo account is a good and free place to learn how to manage money and finding good and suitable trading strategy.