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Demo trading
Členem od Dec 09, 2019
34 příspěvků
Apr 29, 2020 at 04:25
Draggyr posted:
I also used the demo in the beginning to become a little familiar with trading and see how it all works and if I like it before making a deposit to my account. It sounds like a very useful thing to me and I'm very glad that we are given the opportunity to 'test' a broker before deciding whether it's worth your time and your money at all.
It's also very smart to use demo account to test your trading systems. I'll now do the same, it'll probably help me very much to advance and not be afraid to take risks with real money.
Very good. It is not about being afraid to take risks as you know bigger risks = bigger pay off...it has more to do with not letting your account get wiped out.
Členem od Apr 28, 2020
49 příspěvků
Apr 29, 2020 at 07:42
PeteLanceley posted:
Demo trading can be good for testing out strategies, but you are never linked to the emotion of losing money. I would always recommend when you are confident to deposit a small amount and do tiny lot sizes. That way you can learn risk management, and accept losses/wins.
Right. since your emotions aren't involved in demo trading, making profits doesn't seem a big deal. Its only when you start live account trading that you realize that its much different than demo trading.
Členem od Mar 27, 2020
9 příspěvků
Apr 29, 2020 at 11:29
There is an emotional difference but not a technical one. Demo is still best place to start
Členem od Aug 27, 2017
875 příspěvků
May 18, 2020 at 19:06
testing in demo account is more appropriate and perfect decision but successful trader is an another part. its a long term process. be focused on practice.
keeping patience.......
Členem od Aug 27, 2017
875 příspěvků
May 21, 2020 at 18:02
i am doing demo right now , importance is your own issue , its an inevitable part of trading before real account . thats why i am here.
keeping patience.......
Členem od Aug 11, 2017
870 příspěvků
Jun 04, 2020 at 14:10
demo is the best place to see leverage performance , before live traders should use high leverage in demo., it always supportive to avoid risk when live.
Členem od Apr 15, 2020
77 příspěvků
Jun 07, 2020 at 05:49
Of course, trading on a demo account is not bad, but really interesting
Členem od Jun 05, 2020
31 příspěvků
Jun 09, 2020 at 10:41
Dorigda posted:
Of course, trading on a demo account is not bad, but really interesting
It is good for practice, one can know the basics well with a demo account
Členem od Jun 08, 2020
40 příspěvků
Jun 09, 2020 at 12:16
Is it me or does anyone feel that trading in Demo for a long time is boring and wants you to start trading live but not sure if your ready to go live ?
Členem od Jan 03, 2018
150 příspěvků
Jun 09, 2020 at 13:26
time to devepopp manual trading skilks
nick123427@
Členem od Feb 22, 2011
4573 příspěvků
Jun 09, 2020 at 13:56
Ebin posted:
Is it me or does anyone feel that trading in Demo for a long time is boring and wants you to start trading live but not sure if your ready to go live ?
Years ago, that was exactlly my dilema.
Demo trading for years had great results.
Friend of mine told me why don't you trade your strategies live?
So I took loan from the bank and started live.
I was able to repay that loan very first year :) But nowadays I wouldn't risk so much.
Členem od Jun 09, 2020
14 příspěvků
Jun 17, 2020 at 17:05
Demo account is the mirror image of a live account. For beginners in forex trading, demo trading is the best as it will help the traders to learn how to trade and have some practical experience of trading. Before risking your own capital, you must have experience in it. Demo trading will also help you to see what all brokers offer in terms of spreads, leverage, trade execution speed and bonus, if any. Further, if you like the offerings of the broker you can continue to go live with that broker and try your trading plans and strategies over there with your real money.
Členem od May 14, 2020
7 příspěvků
Jun 25, 2020 at 11:32
For a new trader, Demo account is a good way to practice and learn. Practice as much as you can, once you are confident enough, you can move to live trading.
Členem od Jun 26, 2020
3 příspěvků
Jun 26, 2020 at 06:22
Hi to all,
i'm a newbie here and in this industry, so apologies if this seems a stupid question😄
Read a lot that demo trading is something different than real trading, even if you use the same broker, platform, trading with the same leverage and so on.
Is it true or not?
i'm a newbie here and in this industry, so apologies if this seems a stupid question😄
Read a lot that demo trading is something different than real trading, even if you use the same broker, platform, trading with the same leverage and so on.
Is it true or not?
Členem od May 06, 2020
6 příspěvků
Jun 26, 2020 at 07:16
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 ?
When I started trading I used demo account for 2 months to undertsand the strategy and techniques.
Členem od Jun 30, 2020
89 příspěvků
Jun 30, 2020 at 08:51
Some underestimate the demo account, but it really helps a lot.
Členem od Jul 20, 2020
172 příspěvků
Sep 02, 2020 at 18:59
Demo trading is very effective for the new traders to learn forex properly and perfectly. They can learn forex practically without any investment.
Členem od Jul 23, 2020
696 příspěvků
Jul 09, 2021 at 10:20
The demo account is the best to improve your trading skill and it's free.
Členem od Mar 28, 2021
586 příspěvků
Dec 27, 2021 at 05:50
If an aspiring trader cannot maintain the same discipline on demo that is required to trade and make money on a live account, then he/she is a failure waiting to happen
Členem od Jul 23, 2020
816 příspěvků
Dec 28, 2021 at 16:02
The demo trading account works just like a real trading account. The difference is that you don't have the actual funds when trading with a demo account.
