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Importance of demo trading
Členem od Jun 22, 2020
69 příspěvků
Dec 18, 2020 at 11:54
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
Členem od Oct 19, 2019
35 příspěvků
Dec 19, 2020 at 09:30
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.
Členem od Aug 09, 2017
598 příspěvků
Dec 21, 2020 at 07:54
instead of demo i right now i am busy with micro account which really supportive to ensure real trading experience.
Členem od Dec 15, 2020
12 příspěvků
Dec 21, 2020 at 09:35
Every newbie should start with demo trading imo.
Directly beginning with live account can be risky.
Directly beginning with live account can be risky.
Členem od Apr 15, 2020
187 příspěvků
Dec 22, 2020 at 07:28
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.
Členem od Oct 20, 2020
45 příspěvků
Dec 23, 2020 at 15:11
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.
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.
Členem od Jul 20, 2020
278 příspěvků
Dec 23, 2020 at 19:41
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.
Členem od Jul 20, 2020
286 příspěvků
Dec 24, 2020 at 01:32
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.
Členem od Jul 19, 2020
742 příspěvků
Dec 25, 2020 at 02:27
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.
Členem od Apr 15, 2020
77 příspěvků
Dec 30, 2020 at 13:18
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.
Členem od Dec 21, 2020
16 příspěvků
Jan 02, 2021 at 05:27
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.
Členem od Jan 11, 2019
140 příspěvků
Jan 02, 2021 at 08:42
According to me, the experience of trading on demo and live account is totally different.
Členem od Sep 26, 2013
10 příspěvků
Jan 02, 2021 at 11:06
(Upravené Jan 02, 2021 at 11:07)
the only difference between the demo and the real is at the psychological level of the trader. virtual money that you can lose without limit and real money that you cannot afford to lose.
USD
Členem od Jul 19, 2020
742 příspěvků
Jan 04, 2021 at 01:20
Demo trading is one of the means to gain knowledge. The strategy should be developed by demo trading.
Členem od Jun 30, 2020
89 příspěvků
Jan 04, 2021 at 21:10
Thanks to trading virtual funds, it is possible in practice to make sure of the effectiveness of the strategy and, if necessary, make appropriate changes
Členem od Aug 11, 2017
870 příspěvků
Jan 05, 2021 at 07:28
demo most of the time not works , i means we cant focus on there , its a emotional issue all about.
Členem od Sep 12, 2017
232 příspěvků
Jan 05, 2021 at 08:06
i belive its all about the mindset. if one wants he she can learn alot from the demo account. its all in the mind how we look at it.
Členem od Aug 07, 2020
71 příspěvků
Jan 05, 2021 at 15:16
For some demo accounts, it is not as important as for other traders, but everyone should understand that this is an opportunity to increase their experience and gain confidence.
Členem od Dec 31, 2020
15 příspěvků
Jan 06, 2021 at 06:31
(Upravené Jan 06, 2021 at 06:31)
Malajind posted:
For some demo accounts, it is not as important as for other traders, but everyone should understand that this is an opportunity to increase their experience and gain confidence.
Definitely its gives you an insight into the forex trading platform and you can definitely share strategies.
Členem od Nov 26, 2020
27 příspěvků
Feb 05, 2021 at 08:28
The demo account is also a very good basis to overcome your fears.
