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Importance of demo trading

GeorgeBischof
Nov 20 2020 at 18:31
318 příspěvků
A demo account is the best way to learn forex trading properly and perfectly.
Imamul
Nov 24 2020 at 07:19
785 příspěvků
yes demo is good but honestly speaking most
of us especially the beginners dont believe the importance of this tradig place at all.
ElliotCooke
Dec 06 2020 at 10:16
341 příspěvků
A demo account is the best way to learn forex trading properly and perfectly. Almost all the traders practice first a demo account before strat trading in a live account.
Gingerrogers
Dec 18 2020 at 04:45
28 příspěvků
ElliotCooke posted:
A demo account is the best way to learn forex trading properly and perfectly. Almost all the traders practice first a demo account before strat trading in a live account.
Even for backtesting it’s a wonderful tool.
Harshalgibbs
Dec 18 2020 at 07:38
54 příspěvků
Amount of time needed for demo account practice has more to do with your consistency in profits. I practiced on 2 different accounts that is CMC and fxview and until I didn’t reach consistent profits with each, I didn’t start live.
Coreyarren
Dec 18 2020 at 11:11
28 příspěvků
Harshalgibbs posted:
Amount of time needed for demo account practice has more to do with your consistency in profits. I practiced on 2 different accounts that is CMC and fxview and until I didn’t reach consistent profits with each, I didn’t start live.
Are you using both of them for live trading?
first_time
Dec 18 2020 at 11:54
77 příspěvků
As I said, Demo trading has been very important to me because it allows us to strategize and implement the plan or strategy before actually putting them in live account, also you can always tweak and implement to make system respond to profit or losses better
Harshalgibbs
Dec 19 2020 at 05:17
54 příspěvků
Coreyarren posted:
Harshalgibbs posted:
Amount of time needed for demo account practice has more to do with your consistency in profits. I practiced on 2 different accounts that is CMC and fxview and until I didn’t reach consistent profits with each, I didn’t start live.
Are you using both of them for live trading?
Yeah, both are working great for me.
richard2
Dec 19 2020 at 09:30
38 příspěvků
Demo trading gives you a good insight into how this market works. Best way to practice and get familiarized with the market, without risking any money.
Imamul
Dec 21 2020 at 07:54
785 příspěvků
instead of demo i right now i am busy with micro account which really supportive to ensure real trading experience.
Brel
Dec 21 2020 at 09:35
13 příspěvků
Every newbie should start with demo trading imo.
Directly beginning with live account can be risky.
Elena Triston (ele020)
Dec 22 2020 at 07:28
219 příspěvků
Demo trading can be used for learning new things even after trading on live account or after making profit. Trading on a demo account makes you familiar with the platform and helps in testing new strategies without risking the real money.
The more your practice, the more you learn.
Bradley88
Dec 23 2020 at 15:11
49 příspěvků
I would recommend demo trading for beginners because, in demo trading, a trader can test all the strategies.

But would also suggest not overstaying on it for a longer period because the live trading experience is when you will know if the strategy created will turn into profits.
ElliotCooke
Dec 23 2020 at 19:41
341 příspěvků
Brel posted:
Every newbie should start with demo trading imo.
Directly beginning with live account can be risky.
Yes. I completely agree with you. A demo account is the best way to learn and practice forex trading.
LeviSievwright5
Dec 24 2020 at 01:32
298 příspěvků
Demo trading is the first level of education. It is possible to gain a lot of knowledge by doing demo trading. As a trader, I first learned by doing demo trading.
AliaDare
Dec 25 2020 at 02:27
788 příspěvků
If you do demo trading, it is possible to gain profit in live trading by creating a strategy. Demo trading is the first part of education. The role of demo trading is a lot to gain knowledge.
Scarymaniak
Dec 30 2020 at 09:27
28 příspěvků
Demo trading is an important concept as it allows traders to practice their trades and understand them before trading live. The demo accounts are also good for testing different strategies without having to risk any actual money.
Dorigda
Dec 30 2020 at 13:18
83 příspěvků
Successful traders always take advantage of the opportunities that are presented in this plan before real trading, because these are opportunities to ascertain their abilities.
TroyS
Jan 02 2021 at 05:27
17 příspěvků
Indeed demo is the best way to start one's journey as a forex trader. Some people don't believe too much in it, but believe me when i say no one should risk their real funds before practicing for sometime on demo account.
Gracewilson1995
Jan 02 2021 at 08:42
147 příspěvků
According to me, the experience of trading on demo and live account is totally different.
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