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Importance of demo trading

Oct 17, 2017 at 06:32
4,087 Angesehen
138 Replies
Mitglied seit Oct 05, 2019   37 Posts
May 07, 2021 at 08:03
Demo and Live accounts results are quite different though. When money comes into play, the entire game is changed. Yet. demo practicing is an absolute necessity in trading.
Mitglied seit Jul 23, 2020   759 Posts
May 07, 2021 at 23:10
traderroni posted:
Demo and Live accounts results are quite different though. When money comes into play, the entire game is changed. Yet. demo practicing is an absolute necessity in trading.
I also agree. Every new trader should start with demo trading first before real trading.
Mitglied seit Apr 02, 2021   8 Posts
Jun 05, 2021 at 12:36
Demo trading is not at all dull and I have been reading for some time now. I remember trading on a demo account for about 5 or 6 months before I actually moved onto the live account with my broker.
Rjay Bulaong (RjayBulaong)
Mitglied seit Jun 03, 2021   6 Posts
Jun 05, 2021 at 13:03
For me, demo trading is so useless (in my experience, at least). It's really only useful for familiarizing yourself with the platform, but with regard to actual trading, hasn't been that helpful for me. I mean, for real though, no one takes play money seriously lol. Dip your feet in the water! You can always start small, then just gradually increase it as you gain more experience.
“All our dreams can come true, if we have the courage to pursue them.” – Walt Disney
Mitglied seit Jul 23, 2020   869 Posts
Jun 09, 2021 at 05:52
It is free and traders can test real trading without any money.
Mitglied seit Feb 23, 2021   330 Posts
Jun 11, 2021 at 08:17
LyudmilLukanov posted:
It is free and traders can test real trading without any money.
Yes.It's the most important thing to practice and learn forex trading.
Mitglied seit Mar 17, 2021   536 Posts
Jun 12, 2021 at 17:28
LyudmilLukanov posted:
It is free and traders can test real trading without any money.
Yes. a demo can be very effective to learn forex properly.
Mitglied seit Apr 28, 2021   9 Posts
Jun 14, 2021 at 10:23
I use demo now as well. it is the best. I can try different EAs and my own trades risk free. No point losing money unnecessarily
Mitglied seit Aug 27, 2017   994 Posts
Jun 15, 2021 at 08:22
its a very good decision, demo is really important but honestly
speaking sometimes the experience we take from the demo not works in a real account.
Mitglied seit Jun 15, 2021   9 Posts
Jun 15, 2021 at 09:11
I consider demo trading as one of the important steps that a trader should perform before going into live trading. Trading on demo accounts will give you a better understanding of the market and will also help in identifying risks that can be avoided while making live trades.
Mitglied seit Jun 15, 2021   8 Posts
Jun 15, 2021 at 09:41
I do not know why people still ask about the importance of demo it is obviously the most important part of learning to trade. If you don't get that then give up
Mitglied seit Jun 30, 2020   90 Posts
Jun 27, 2021 at 10:56
For some reason, some people think that they can do without a demo account and immediately start trading on a real account, this self-confidence often has a detrimental effect on trading.
Mitglied seit Dec 26, 2019   20 Posts
Jun 30, 2021 at 16:25
I also support the idea that demo account can be useful for the newbies. There are so many people nowadays who claim that using demo account is waste of time. Surely, you won't get the same feelings with the real account but you can still test new strategies and get used to the terminal you want to use. That is the most frustrating thing when you want to open the dead quickly but you are not quite sure which button to press. I believe that it is essential to master the terminal so that you can operate it automatically.
Mitglied seit Aug 09, 2017   785 Posts
Jul 01, 2021 at 06:50
the knowledge we take from demo account actually not works in a real account , this is the main problem we have from all.
Mitglied seit Feb 23, 2021   330 Posts
Jul 01, 2021 at 16:25
Imamul posted:
the knowledge we take from demo account actually not works in a real account , this is the main problem we have from all.
A demo account is the most reliable platform to learn forex properly.
Mitglied seit Feb 20, 2021   13 Posts
Jul 02, 2021 at 09:37
Demo trading is not just important for learning forex trading, they actually give the original trading atmosphere which learners can feel for free without risking any real money. Demo trading feature is a gift for beginners in my view.
Mitglied seit Mar 17, 2021   536 Posts
Dec 06, 2021 at 19:10
Imamul posted:
the knowledge we take from demo account actually not works in a real account , this is the main problem we have from all.
A demo is the best place for practicing and learning.
Mitglied seit Nov 23, 2021   24 Posts
Dec 10, 2021 at 05:54
Trading with a demo account is a smart way to learn the Forex market. A demo account is a great way to get started without having to risk money. A demo account does not require you to deposit any funds, and this allows you to get a feel for how the forex market works.
Mitglied seit Aug 19, 2021   9 Posts
Dec 10, 2021 at 15:54
traderjakelong posted:
Trading with a demo account is a smart way to learn the Forex market. A demo account is a great way to get started without having to risk money. A demo account does not require you to deposit any funds, and this allows you to get a feel for how the forex market works.

Couldn't say it any better. Demo trading is the king of education
Mitglied seit Mar 16, 2021   477 Posts
Dec 11, 2021 at 08:47
Anayalmeena posted:
I also support the idea that demo account can be useful for the newbies. There are so many people nowadays who claim that using demo account is waste of time. Surely, you won't get the same feelings with the real account but you can still test new strategies and get used to the terminal you want to use. That is the most frustrating thing when you want to open the dead quickly but you are not quite sure which button to press. I believe that it is essential to master the terminal so that you can operate it automatically.
Not just new traders, many traders use demo platforms even though they have not been able to make a profit even though their experience is complete. It is a very good initiative to develop trading skills.
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