ele020 posted:gradking posted:not just that, it helps you to practice trading and understand the basics of trading.. A newbie cannot just go live without understanding how things function.
The only purpose of demo trading is to give you an insight of trading platforms and conditions.
Yeah absolutely buddy, agree to it in addition.
Jun 18 2021 at 11:59
gradking posted:Perfect! :)ele020 posted:gradking posted:not just that, it helps you to practice trading and understand the basics of trading.. A newbie cannot just go live without understanding how things function.
The only purpose of demo trading is to give you an insight of trading platforms and conditions.
Yeah absolutely buddy, agree to it in addition.
The more your practice, the more you learn.
Jun 19 2021 at 07:33
I consider demo trading a great way to learn and get aware of the market which really helps out while making live trades.
Jun 19 2021 at 08:13
according to me demo is important , but sometimes instead of demo there is need to start live account which is very supportive to make sure live knowledge and experience.
Jun 21 2021 at 07:11
Adribaasmet posted:Once you begun to understand the basic concepts, you can gradually move to live with small capital.
according to me demo is important , but sometimes instead of demo there is need to start live account which is very supportive to make sure live knowledge and experience.
The more your practice, the more you learn.
Demo trading is very important for the new traders. When a newbie start trading with demo account, then he can get proper knowledge for real forex trading. So It's very important for newbie.
Jun 21 2021 at 09:35
Demo trading is not just about making profits. You must work upon your strategies consistently through a demo account.
Purpose of demo trading is very clear , need to increase knowledge and experience but in practical we the traders dont believe the importance of demo account , this is the main problem we have
Jun 22 2021 at 06:09
When trading on the demo, you can get experience in the real market. This is much better than testing strategies on history.
Jun 23 2021 at 06:05
Demo accounts are used for gaining practical trading experience without the involvement of real money. There is no real money transaction in demo accounts and hence a great platform to learn, test new strategies and do a lot of other experiments without any risk of loss.
Adribaasmet posted:I think you should gather all the basic knowledge about trading and the market before trading in the live account. and demo is the best option to practice nad learn.
according to me demo is important , but sometimes instead of demo there is need to start live account which is very supportive to make sure live knowledge and experience.
In demo account, we can test our strategy before applying it on live trading. It is not a good idea to use any strategy directly to a live account without any experiment.
Jul 05 2021 at 10:27
From the day I started my trading journey, demo accounts played the most important part for my learning. I preferred these to test strategies before risking it with live trading.
Oct 05 2021 at 19:21
tediousbissa posted:A demo is the best place to learn.
From the day I started my trading journey, demo accounts played the most important part for my learning. I preferred these to test strategies before risking it with live trading.
The main purpose of demo trading is to dive a rookie into trading activity. Actually, this purpose is quite clear. It is created to teach new traders how to treat the market. Of course, there is no theory on demo, just practice, but lots of brokers nowadays provide you with special educational courses which are directed to teaching you theory of trading. Of course, you should dedicate enough time to it, however if your intentions are strong and you have really decided to connect your life with trading, then you must pass all the steps on your way to success and wealth. It's hard enough, but there are no other ways.
Oct 09 2021 at 18:40
Demo accounts are used by stock trading platforms, foreign exchange trading venues, and commodities exchanges. Demo accounts are geared toward those who've always wanted to trade, but don't have enough money, have the money but don't know where to start, or are experienced traders who want to test new strategies.
it's bad that many treat the demo as something unnecessary, but this is far from the case, this is a very important feature in the work of a trader
Oct 12 2021 at 17:05
I think demo accounts serve a great purpose and those that use them long enough and actually focus on strategies are much more prepared when they switch to a real account. It's true that you don't get the emotional aspect of trading from a demo, but that doesn't mean that one should skip over them.
Oct 12 2021 at 21:01
Unellene posted:A demo is the best place to learn forex properly.
it's bad that many treat the demo as something unnecessary, but this is far from the case, this is a very important feature in the work of a trader
