Importance of demo trading

Oct 17, 2017 at 06:32
Vistas 5,598
128 Replies
Miembro desde Nov 30, 2017   posts 12
Nov 30, 2017 at 15:34
yeah make sure they are properly regulated. Not somewhere in the Caribbean!
Miembro desde Nov 04, 2017   posts 14
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
Miembro desde Dec 11, 2015   posts 1487
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.
Miembro desde Dec 12, 2017   posts 10
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
Miembro desde Sep 12, 2017   posts 9
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.
Miembro desde Sep 12, 2017   posts 238
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.
Miembro desde Jan 16, 2018   posts 7
Jan 16, 2018 at 15:49
Very well said. I would also like to add that when moving to a live account you should start with 0.01Lot first and ease your way in
Miembro desde Jan 11, 2018   posts 16
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
Miembro desde Dec 20, 2017   posts 4
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.
Miembro desde Dec 11, 2015   posts 1487
Jan 24, 2018 at 16:11 (editado 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?
Miembro desde Aug 09, 2017   posts 785
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.
Miembro desde May 30, 2018   posts 12
Sep 03, 2018 at 07:08
Imamul posted:
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.
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.
Miembro desde Aug 09, 2017   posts 785
Jan 19, 2020 at 15:41
The beginner should use demo account minimum for three months, sometimes many brokers organize demo contest with real money prizing. Newcomers can join here. It could be great to acquire real trading exeprince.
Miembro desde Oct 21, 2019   posts 32
Mar 25, 2020 at 07:30
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.
Miembro desde Mar 23, 2020   posts 63
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.
JapaneseGroupFx
forex_trader_1153031
Miembro desde Feb 28, 2020   posts 77
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.
Miembro desde Jun 22, 2015   posts 84
Apr 04, 2020 at 23:57
demo is for test strategy. many experienced trader using demo first to test their strategies
Miembro desde Oct 19, 2019   posts 34
Apr 06, 2020 at 11:27
KATSUO posted:
demo is for test strategy. many experienced trader using demo first to test their strategies
That's right and I think its a good choice too. It takes one through the technicalities.
Miembro desde Apr 04, 2020   posts 57
Apr 07, 2020 at 06:47
I believe that in order not to risk your money and not immediately disappointed, you need to make sure the demo account.
Miembro desde Jul 20, 2020   posts 232
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.
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