Why demo is easy?
Miembro desde Oct 07, 2020
posts 104
Nov 19, 2020 at 04:20
Mohammadi posted:true that one must practice till the time he is not confident enough to trade on live account
demo is a place to prove yourself how can you handle trading strategies you have , so, don't ignore the demo , you suggest 3-4 months to stay in here , its a long time for beginners level to keep patience in here, that's why i prefer minimum 1 months for that.
Nov 23, 2020 at 06:35
demo is a place to prove yourself how can you handle trading strategies you have , so, don't ignore the demo , you suggest 3-4 months to stay in here , its a long time for beginners level to keep patience in here, that's why i prefer minimum 1 months for that.
Miembro desde Nov 09, 2020
posts 15
Nov 26, 2020 at 05:05
When you practice a strategy of your demo account, you become confident about it and get an idea about how it will work when you go live.
Miembro desde Mar 16, 2021
posts 477
Nov 06, 2021 at 16:19
Akasuki posted:I also agree with you, in demo trading usually emotions work so it is much easier to make a profit.
Demo is easy because we don't feel any emotions while trade as profit or loss won't affect us financially. But when it comes to real money, our emotions get involved.
Nov 08, 2021 at 04:34
bax699 posted:Of course, there is no fear of losing money while doing demo trading, so emotions are free. There is no profit even if it is profit, again it is the same thing even if it is a loss.
Zero emotions, nothing is like trading with real money
Nov 08, 2021 at 11:10
AliaDare posted:Yeah I agree, but demo trading is one of the best ways to learn forex trading before entering into the live market.bax699 posted:Of course, there is no fear of losing money while doing demo trading, so emotions are free. There is no profit even if it is profit, again it is the same thing even if it is a loss.
Zero emotions, nothing is like trading with real money
Miembro desde Apr 09, 2019
posts 538
Nov 08, 2021 at 11:36
Of course there is some difference but I think half the problem is that people don't treat their demo accounts as if they are live accounts, making decisions as they would live. Doing so at least somewhat prepares you more as it builds good habits regarding risk and capital management.
If you can't spot the liquidity then you are the liquidity.
Miembro desde Jul 20, 2020
posts 399
Nov 08, 2021 at 13:01
AliaDare posted:
I've said before that emotions don't usually work in demo trading. Demo trading has virtual money, it is not a problem to lose money, so emotions usually do not work. Many traders make a lot of profit in demo trading but they do not get good results whenever they go into real trading. Greed and fear can cause this problem.
So true, some of the harder battles are in the mind than on the broker. It is key to try live accounts too even if its for a small amount
Nov 08, 2021 at 13:39
UweMoench posted:Demos are good for newbies and testing and playing around with
You do not have to worry about losing your money when you are demo trading. your demo account does not demonstrate to you industry standards to manage the sentiment fear. That's why you remain emotions while in demo. But when you come to live trading from demo trading, you brings emotions (the fear of losing and greed more more profit) with you. That's why the result between demo and real account is not the same.
Miembro desde May 04, 2019
posts 23
Nov 09, 2021 at 14:45
Demo is specially created for being easy. The main objective of demo account is to meet a new trader with trading activity. Demo trading implies the acquintance with trading activty and with mechanics of market price change. Of course, it's easy, you don't need to put your money on demo and trade them. Demo account implies the particular sum of money on it in order to let you practice on it. I believe that if there would be no demo, lots of traders would just lose their money. However, the positive side of this phenomenon would be the decreasement of competition in trading activity and the decreased amount of market makers.
Miembro desde Jun 14, 2021
posts 53
Nov 11, 2021 at 04:00
Demo trading is easier because traders trade without emotions.
Miembro desde Jun 17, 2021
posts 46
Nov 11, 2021 at 04:05
The basic reason that we find demo easier than live trading is because there is no real money involved.
However the most important reason I believe is that while demo trading, it’s easier to forget your losses because you won’t have lost any money in real, but when we lose even a small amount in live trading it has a significant impact on us.
However the most important reason I believe is that while demo trading, it’s easier to forget your losses because you won’t have lost any money in real, but when we lose even a small amount in live trading it has a significant impact on us.
Nov 14, 2021 at 22:58
Just like your face a fake girlfriend, when you love too much with your girlfriend, it will very painful when she leaves you, but when your love is only fake to your girlfriend when she leaving you will be nothing, your feeling is like as usual no broken heart, in a demo account, you just love with fake love, because it does not use real money when you loss will felt nothing, but in the real account, you spent real money, and when losing the money you will felt emotion in real.
Miembro desde Aug 10, 2021
posts 178
Nov 15, 2021 at 01:59
Our training begins with the demo account, and the more interest we get into the demo account, the more we can learn about the Forex trading system. Demo accounts should be taken seriously since they're just like real accounts.
Miembro desde Oct 29, 2021
posts 70
Nov 16, 2021 at 07:18
Demo accounts allow you to trade without using your own money but instead 'pretend' that you are doing it with the help of play money. New traders make their mistakes there and can learn from those mistakes without any risk.
