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Purpose of demo trading

no_frame
Oct 13 at 11:32
32 Posts
As per my point of view, through demo trading you can enhance your skills, know about a particular trading environment and can make yourself prepare for the live trades.

manirex
Oct 14 at 04:40
18 Posts
The demo helps to learn trading skills. It is very difficult to make money from trading if you have incomplete knowledge about the forex trading Therefore, all types of analysis should be practices through demo trading.

Unellene
Oct 17 at 10:09
283 Posts
demo solves too much in the work of any trader, the main thing is to use it correctly for each of your work questions

Dimitar001
Oct 18 at 08:51
12 Posts
Demo account is good for newbies. When you just start your trading way. Demo is good for testing your strategy. MAybe that's all. :-)

SebastianPawl
Oct 20 at 16:41
20 Posts
The main goal of demo trading is to meet a trader with trading activity. It's a quite good instrument for acquiantance with various oeculiarities and features of trading activity. It literally teaches you how to trade. It's a great empirical method I guess. There are no alternatives to it. Even if you will watch some videos where traders make traders, it won't give you such experience as your own demo-trading will. In my opinion, the main two things in the process of learning trading activity are theory (videos,courses,information) and demo-trading. All brokers offer such a function. You can also create, edit and test strategies on demo account.

forexstudio1
Oct 21 at 05:44
12 Posts
Demo account is necessary to build skills to move in real trading world.

manirex
Oct 21 at 06:11
18 Posts
Its forex traing process to make ready for live trading.

croisssan
Oct 21 at 08:50
499 Posts
The biggest advantage of a demo account is the ability to learn without losing funds. As for me, this is a really very important aspect.

GraceGilm
Oct 21 at 15:13
124 Posts
The demo gives a lot to beginners, so I advise you to always use the demo in your work

marindateal
Oct 26 at 04:42
53 Posts
Demo accounts offer an opportunity for traders who are interested in learning more about forex trading or who want to test out a new type of trading strategy without putting their money at risk. But it will not give you the experience of actually trading.

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