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Demo Trading Advantages
Mitglied seit Jun 26, 2020
323 Posts
Jun 22, 2022 at 04:25
demo experience sometimes doesn't work in really account, its really true. but that not mean , it is useless. beginners level of course minimum have to spend 3-5 months in here to ensure live trading experience.
Mitglied seit May 27, 2021
63 Posts
Jun 23, 2022 at 12:06
Yeah there is difference between demo and real account.
Mitglied seit Jun 26, 2020
323 Posts
Jul 03, 2022 at 06:45
demo experience sometimes doesn't work in really account, its really true. but that not mean , it is useless. beginners level of course minimum have to spend 3-5 months in here to ensure live trading experience.
Jul 04, 2022 at 00:04
Tradelist45 posted:
demo experience sometimes doesn't work in really account, its really true. but that not mean , it is useless. beginners level of course minimum have to spend 3-5 months in here to ensure live trading experience.
Due to many trader fail less than six month it is good to practice demo more than six month as early preparation, we can take lesson from another trader experience, for step to learn trading, when already finding good trading system, trading is fun.
Mitglied seit May 29, 2022
34 Posts
Jul 04, 2022 at 00:37
It is a practice account that allows us to better understand the forex trading market's up and down value changes. Demo account practice is critical for new users.
Mitglied seit Jan 20, 2022
30 Posts
Jul 04, 2022 at 03:55
The majority of traders disregard demo trading since they do not understand its significance. They are unaware that demo trading can help them improve their trading skills. Even experienced traders trade on demo accounts whenever they have to test their strategies.
Jul 07, 2022 at 23:50
Demo account is useful for traders especially newcomer in forex trading business, because they can explore trading skill with practice using demo account, but of course there are many difference trading on demo account and on life trading account mainly about psychology trading, number of capital etc, if not yet ready in demo account hence more fatal mistake on real account, so prepare use demo account to learn well how to manage money in forex market.
Mitglied seit May 29, 2022
34 Posts
Jul 08, 2022 at 00:52
Instead of, new traders must practise for at least six months in a demo account. One month of demo practise is not a good experience; we need to practise for at least a year, which is critical for learning this business because you will be able to apply your skills and strategies that you have gained from demo practise.
Jul 11, 2022 at 16:58
Jordan5ith posted:
Demo trading is important. I traded using FP markets' demo account for two months, I was learning from their education center, which offers in-depth daily and technical analysis, till I grew the confidence to start live trading.
Does FP have good spreads?
Mitglied seit Apr 09, 2019
516 Posts
Jul 12, 2022 at 14:06
Half way house of course if you want to move to live trading but are afraid to put money down is a micro account I suppose.
If you can't spot the liquidity then you are the liquidity.
Mitglied seit Feb 21, 2022
9 Posts
Jul 13, 2022 at 11:56
Masticate posted:
The most important advantage of demo trading is that we can practise trading without losing our real money. I always recommend the traders to use a demo account as it gives a real picture of the working of forex trading. It keeps the trading pretty close to real. You can test & try different strategies to figure out which one suits you the best.
So true. Demo trading is the best when you are a beginner
Mitglied seit Jun 22, 2022
21 Posts
Jul 22, 2022 at 10:35
The advantage of using a demo account is that it is risk-free. You can trade until you are ready to live to trade. It is the best tool for both new and experienced traders to develop skills and approaches.
Jul 26, 2022 at 05:29
Demo trading has many advantages. You get to experience trading and develop your skills without losing any money. The good thing about a demo account is that we can commit mistakes and learn from that. But we must trade a demo account like a real account to build discipline and emotional control.
