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Purpose of demo trading

gradking
Jun 18 at 10:22
posts 15
ele020 posted:
gradking posted:
The only purpose of demo trading is to give you an insight of trading platforms and conditions.

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.



Yeah absolutely buddy, agree to it in addition.

Elena Triston (ele020)
Jun 18 at 11:59
posts 219
gradking posted:
ele020 posted:
gradking posted:
The only purpose of demo trading is to give you an insight of trading platforms and conditions.

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.



Yeah absolutely buddy, agree to it in addition.

Perfect! :)

The more your practice, the more you learn.
Accessonus
Jun 19 at 07:33
posts 9
I consider demo trading a great way to learn and get aware of the market which really helps out while making live trades.

Adribaasmet
Jun 19 at 08:13
posts 947
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.

Elena Triston (ele020)
Jun 21 at 07:11
posts 219
Adribaasmet posted:
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.

Once you begun to understand the basic concepts, you can gradually move to live with small capital.

The more your practice, the more you learn.
mdsh7864
Jun 21 at 07:59
posts 35
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.

georgiaosborne
Jun 21 at 09:35
posts 21
Demo trading is not just about making profits. You must work upon your strategies consistently through a demo account.

Davidfx89
Jun 21 at 11:06
posts 39
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

innovative
Jun 22 at 06:09
posts 31
When trading on the demo, you can get experience in the real market. This is much better than testing strategies on history.

georgiaosborne
Jun 23 at 06:05
posts 21
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.

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