Importance of demo trading
Mitglied seit Nov 30, 2017
12 Posts
Nov 30, 2017 at 15:34
yeah make sure they are properly regulated. Not somewhere in the Caribbean!
Mitglied seit Nov 04, 2017
13 Posts
Dec 17, 2017 at 08:27
I recommend using the demo for 3 months at least, and then start a little bit with reality, since it is our money that we speak of, you must be sure. This issue is complex and you always have to go for the safe side
Mitglied seit Dec 11, 2015
1462 Posts
Dec 26, 2017 at 16:09
FlavioGonzalez posted:
I recommend using the demo for 3 months at least, and then start a little bit with reality, since it is our money that we speak of, you must be sure. This issue is complex and you always have to go for the safe side
I would even say that three months is too short a period to learn to trade relatively well on a demo account. I would recommend a longer period.
Mitglied seit Dec 12, 2017
10 Posts
Jan 09, 2018 at 08:06
Instead of boring I would say that it is quite entertaining, it is difficult to fall into a mnotonia within the stock market, because it encompasses all the problems worldwide. How to get bored with this? It is a matter of locating the best for you and adapt to it with ease
Mitglied seit Sep 12, 2017
9 Posts
Jan 09, 2018 at 14:46
Hi all!
A Demo Account Plays a vital role when comes to the point you need to select a broker and you feel like testing all the conditions they provide, also if someone is a newbie he can practice on the demo account and then after attaining experience he can jump to the live account.
A Demo Account Plays a vital role when comes to the point you need to select a broker and you feel like testing all the conditions they provide, also if someone is a newbie he can practice on the demo account and then after attaining experience he can jump to the live account.
Mitglied seit Sep 12, 2017
232 Posts
Jan 14, 2018 at 07:29
Demo account is must this is what I consider. Before you trade on the live account you can practice the strategies and the executions on the demo account. If something does not go right in the demo it is not a matter of worry as it will not cost you anything. In the live account, one will be afraid to apply his strategies and try something new that with the demo account it can be done without any real money included.
Mitglied seit Jan 11, 2018
16 Posts
Jan 17, 2018 at 06:37
Yes I have gone back to my demo after burning a small amount of money. I was on a 55/45 loss win but over time i can't sustain this if I want to have a future in trading. Back to demo to refine my skills for now. And starting with a 0.01 position is a very good IDEA.
Make Money Not Dreams
Mitglied seit Dec 20, 2017
4 Posts
Jan 19, 2018 at 08:42
instead of demo account, I know some broker also provide test account, which uses real server, so will have slippage or delay like a real account. more realistic, I think.
Mitglied seit Dec 11, 2015
1462 Posts
Jan 24, 2018 at 16:11
(bearbeitet Jan 24, 2018 at 16:12)
HowardLu_FX posted:
instead of demo account, I know some broker also provide test account, which uses real server, so will have slippage or delay like a real account. more realistic, I think.
I've never heard of test accounts. What kind of money do they use?
Jan 26, 2018 at 13:31
So many negative reviews in forum communities about demo trading. And it is one of the major reasons why new Forex traders are discouraging from this trading place. Practically you could not earn real money from demo but of course you could earn real trading experience from here. Now it’s your choice.
Mitglied seit May 30, 2018
11 Posts
Sep 03, 2018 at 07:08
Imamul posted:It is true that demo trading cannot help you in earning any real money but that is not the purpose of it. It is meant for learning real trading experience which will help you immensely in making real money when you go live.
So many negative reviews in forum communities about demo trading. And it is one of the major reasons why new Forex traders are discouraging from this trading place. Practically you could not earn real money from demo but of course you could earn real trading experience from here. Now it’s your choice.
Mar 29, 2020 at 11:02
jonny99 posted:
I feel demo trading can be very valuable as they allow traders to become familiar with the trading software and many experienced traders still use demo account to back test new strategies and methodologies.
That's right. Demo is useful for both beginners and experienced traders.
forex_trader_1153031
Mitglied seit Feb 28, 2020
78 Posts
Mar 29, 2020 at 11:59
jonny99 posted:
I feel demo trading can be very valuable as they allow traders to become familiar with the trading software and many experienced traders still use demo account to back test new strategies and methodologies.
You are right, I still uses demo at times to test system upgrades apart from using it to copy or test copiers directly from live accounts.
Mitglied seit Jul 20, 2020
172 Posts
Oct 01, 2020 at 18:48
The demo trading is the best way to learn forex. It will help you to learn all the basics of forex perfectly and practically.
