Importance of demo trading

Oct 17, 2017 at 06:32
Vistas 5,605
128 Replies
Miembro desde Aug 07, 2020   posts 75
Oct 05, 2020 at 05:42
On demo - accounts, sometimes very good contests are offered, which are quite interesting and then have a good influence on further trading, because some experience is gained.
Miembro desde Sep 08, 2020   posts 32
Oct 06, 2020 at 07:36
Forex trading takes a lot of discipline. If you ever want to be successful as a forex trader, then starting out as a demo trader is the best education you can give yourself. Once you feel confident of your skills and strategies, you can move on to live trading.
Miembro desde Sep 07, 2020   posts 63
Oct 06, 2020 at 08:00
Demo trading is always an importance when it comes to newbie because it helps you to strategize and improve your strategy that you have implemented in your trading.
Miembro desde Jul 20, 2020   posts 232
Oct 06, 2020 at 18:23
Demo trading is very useful for new traders. It is the best option to practice and learn forex trading.
Miembro desde Jul 20, 2020   posts 298
Oct 07, 2020 at 02:24
Demo trading is a must to gain trading experience. Basic knowledge cannot be acquired without demo trading. When I join new trading, I can develop skills by doing demo trading for a long time. Every new trader should have at least 6 months of demo practice.
Miembro desde Sep 18, 2020   posts 31
Oct 07, 2020 at 06:40
Demo is the best wat to step into the forex trading world. Beginners should spend atleast 5-6 months practicing on it before switching to a real account.
Miembro desde Jul 15, 2020   posts 36
Oct 14, 2020 at 10:35
True! Demo accounts work great for familiarizing a new trader with the market. Even I started trading through paper currency on the demo accounts of IG and Fxview. And I still use them for testing out new strategies before applying them on my live Fxview account.
Miembro desde Jun 24, 2020   posts 34
Oct 15, 2020 at 07:03
Yup demo is the best way to begin forex trading for a beginner. It makes you familiar as to how the trading platform works and you can even back test strategies on it.
Miembro desde Jul 15, 2020   posts 36
Oct 26, 2020 at 05:32
rosellemunsays posted:
I am using MT4/Mt5 demos with IFC markets. I doubt if I will ever get to evaluate fxview. They have some issues with their account creation process.

Shouldn't be a problem with a demo account atleast. Btw, what’s the issue?
Miembro desde Jul 15, 2020   posts 36
Oct 26, 2020 at 09:45
rosellemunsays posted:

Not the demo, but the live one. I tried twice to create my account but rejected both times. Filled in the info correctly as well.

Might i know if you are trying from US? If yes, please note, fxview doesn’t accept US residents.
Miembro desde Apr 25, 2020   posts 119
Oct 26, 2020 at 10:09
You most likely should contact support to solve this problem, because when I went through the registration of the Amarkets broker, I never had any problems.
Miembro desde Aug 14, 2020   posts 40
Oct 27, 2020 at 07:41
One gets a fair idea of how it is gonna feel like in real trading to some extent.
Miembro desde Aug 24, 2020   posts 13
Oct 27, 2020 at 12:46
Ok, we must and all ways DEMO and test our trading plans, only go live when you constantly winnings for at 120 days.. t
Be more financially free then yesterday.
Miembro desde Oct 28, 2020   posts 5
Oct 28, 2020 at 09:24
It seems to me that without a demo account it was quite difficult to immediately navigate a real account and study trading.
Miembro desde Mar 16, 2020   posts 54
Oct 28, 2020 at 11:31
demo accounts are the exact replicas of live accounts, and present real market conditions and one can practice as long as he/she wants.
Miembro desde Oct 08, 2020   posts 25
Nov 19, 2020 at 05:43
Consider contacting the customer support. They will be able to help you better.
Miembro desde Nov 19, 2020   posts 104
Nov 19, 2020 at 06:40
Amber_0302 posted:
demo accounts are the exact replicas of live accounts, and present real market conditions and one can practice as long as he/she wants.
Yes, good for practice.
But since funds aren't involved, effect of emotions is least in demo. The trading experience is too different from live.
Miembro desde Jul 19, 2020   posts 318
Nov 20, 2020 at 18:31
A demo account is the best way to learn forex trading properly and perfectly.
Miembro desde Aug 09, 2017   posts 785
Nov 24, 2020 at 07:19
yes demo is good but honestly speaking most
of us especially the beginners dont believe the importance of this tradig place at all.
Miembro desde Jul 20, 2020   posts 341
Dec 06, 2020 at 10:16
A demo account is the best way to learn forex trading properly and perfectly. Almost all the traders practice first a demo account before strat trading in a live account.
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