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Importance of demo trading
Miembro desde Sep 08, 2020
posts 36
Oct 06, 2020 at 07:36
Miembro desde Sep 08, 2020
posts 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 70
Miembro desde Jul 20, 2020
posts 172
Miembro desde Jul 20, 2020
posts 286
Oct 07, 2020 at 02:24
Miembro desde Jul 20, 2020
posts 286
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 30
Oct 14, 2020 at 10:35
Miembro desde Jul 15, 2020
posts 30
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 31
Oct 26, 2020 at 05:32
Miembro desde Jul 15, 2020
posts 30
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?
Oct 26, 2020 at 09:45
Miembro desde Jul 15, 2020
posts 30
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 Aug 24, 2020
posts 17
Miembro desde Mar 16, 2020
posts 54
Miembro desde Oct 08, 2020
posts 17
Nov 19, 2020 at 06:40
Miembro desde Nov 19, 2020
posts 96
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 283
Miembro desde Jul 20, 2020
posts 278

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