Demo trading

Apr 05, 2018 at 06:27
8,294 Views
186 Replies
Member Since Jan 31, 2018   3 posts
May 21, 2018 at 05:44
Be sure to trade on a demo account. You can also take a bonus without making a deposit.
Member Since Mar 04, 2018   39 posts
May 21, 2018 at 06:21
Something learned! Thanks everybody to participated here..
natalie986754@
Member Since Aug 11, 2017   886 posts
May 25, 2018 at 11:02
We can’t ignore the importance of demo trading as a beginner level, but practically there is no emotions when trading in a demo on the other hand in live trading there is no none who can avoid emotions for every faction. That’s why the experience of demo account not works for all time in live, and for that reason sometimes I prefer micro account instead of demo.
Member Since Nov 22, 2017   23 posts
Dec 06, 2018 at 08:56
Leturik posted:
Be sure to trade on a demo account. You can also take a bonus without making a deposit.

What are you talking about? I heared a bonus can be used on a demo account for the first time. To be honest I don't understand is it necessary on a demo account at all? When you have a live account having bonus is more relevant than when you have only a demo. Cause on demo you don't trade your own money you're just testing.
Member Since Dec 06, 2018   12 posts
Dec 06, 2018 at 11:11
I jimm is saying that some companies will give you a real cash bonus if you sign up for a demo account
Member Since Aug 11, 2017   886 posts
Dec 07, 2018 at 09:21
The demo account is the master place for a beginner to acquire all basic fundament information which is very supportive to continue a live account in a proper way. But practically most of the beginners don’t believe the importance of this trading place at all. In my trading career, I use all my trading strategies in demo trading to see the performance how it works.
Member Since Nov 15, 2018   11 posts
Dec 09, 2018 at 07:18
I do that as well. I do not understand why people do not like demo. Practice makes perfect so it is better to practice on free demo than costly live account
Member Since Dec 03, 2018   3 posts
Dec 11, 2018 at 09:05
Hi
Is there a big difference between demo and real trading? Now it's a very important question for me
Thanks
Member Since Oct 29, 2018   10 posts
Dec 11, 2018 at 11:27
No there isn't. Some people will try to tell you there is a big difference but they are lying. If you can trade well on a demo account then you should be able to trade well on a real account. The only difference come if you are scalping. There is more slippage on a real account which will kill your profits if you scalp
Member Since Aug 11, 2017   886 posts
Dec 17, 2018 at 09:12
The demo account is the master place for a beginner to acquire all basic fundament information which is very supportive to continue a live account in a proper way. But practically most of the beginners don’t believe the importance of this trading place at all. In my trading career, I use all my trading strategies in demo trading to see the performance how it works.
Member Since Jan 31, 2017   202 posts
Dec 20, 2018 at 12:47
demo account is the best place to test your strategy in ideal market environment
Trading system developers and strategy providers.
Member Since Dec 20, 2018   7 posts
Dec 20, 2018 at 13:03
I have stayed on demo and I am thankful for it. I would have lost thousands of dollars if I went onto live account. Staying on demo is best decsion I have made in Forex
ForexScreamer
forex_trader_436974
Member Since Jun 13, 2017   49 posts
Dec 21, 2018 at 09:01
My advice would be to used a demo account first, but fund it similarly to what you anticipate funding a live account. Sure, it's fun to fund a demo account with $500,000 but if you're going to fund a live account with $2000, fund the demo with $2000. It'll give you a much more accurate representation of your trading.
Member Since Aug 11, 2017   886 posts
Dec 22, 2018 at 13:32
The demo account is the master place for a beginner to acquire all basic fundament information which is very supportive to continue a live account in a proper way. But practically most of the beginners don’t believe the importance of this trading place at all. In my trading career, I use all my trading strategies in demo trading to see the performance how it works.
Member Since Aug 09, 2017   785 posts
Dec 23, 2018 at 08:01
yes , there is no emotions when trading in demo , that's why we trade here at random . actually its all about psychology.
Member Since Aug 11, 2017   886 posts
Dec 23, 2018 at 09:41
The demo account is the master place for a beginner to acquire all basic fundament information which is very supportive to continue a live account in a proper way. But practically most of the beginners don’t believe the importance of this trading place at all. In my trading career, I use all my trading strategies in demo trading to see the performance how it works.
Member Since Dec 26, 2018   3 posts
Dec 27, 2018 at 07:30
While using the demo account, you would be doing a lot of trades and learning many things about the forex trading. You need to keep a record of all your trades as well as note down all the reasons behind them. You should also make notes on the fundamentals and technical analysis. This practice will help you understand how good your strategy is; identify your mistakes and weaknesses etc.

Regards,
Adrian Gates
Member Since Dec 31, 2018   11 posts
Dec 31, 2018 at 14:46
That is a good way to keep in control of your trading on demo. A long period of backtesting is also important before you even start on a demo account. This will help you modify any strategy or see if the strategy is BS
Member Since Jan 03, 2019   10 posts
Jan 03, 2019 at 13:52
Would you need to modify the strategy for a demo account versus a live account? I have heard that slippage and spread are more important on live account
Member Since Jan 07, 2019   12 posts
Jan 07, 2019 at 13:09
I do not modify my strategy. I accept that profits will be lower on live account due to slippage so you need to be 100% sure that the strategy is highly profitable before you use it on a real account. A strategy with a 51% win rate will lose month on a real account.
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