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Is demo trading enough before real account?

Aug 25 2020 at 07:42
posts 232
I think yes. Because the demo account is the most effective way to learn forex perfectly. Every trader should use demo account at first to learn forex before using real account.

Aug 26 2020 at 10:06
posts 69
In addition to practicing on a demo account, you must have certain knowledge and skills.

Aug 27 2020 at 13:28
posts 318
Yes, Demo trading is enogh to learn forex properly. Almost all traders learn forex from a demo account.

Aug 27 2020 at 14:18
posts 124
When you are ready to trade on a demo account, you must have a specific strategy and plan

Aug 30 2020 at 19:21
posts 13
A demo account is certainly a great thing to practice and gain a good trading experience. Still, there is a disadvantage that will not allow you to break into the market immediately. This minus is that on a demo account, you don't feel any emotions, because you are not trading with real money. It is very important to be able to contain your emotions and control yourself. A lot of traders have lost their investments because of greed. So you need to open a small account in which you will trade small sums and slowly train your aging and self-control.

Aug 31 2020 at 08:48
posts 147
Demo accounts are the replica of live account and are used for the purpose of learning the platform and testing the strategies, EAs. However, the forex market is unpredictable. It is not 100% that if you are making profits on demo account, you are gonna make the same profits on live account. In live account, you will be using your own money so one has to be more cautious while placing the trades.

Aug 31 2020 at 09:09
posts 34
Demo trading is must before live trading.

Sep 16 2020 at 10:56
posts 116
In any case, you need to familiarize yourself with the platform of the broker you want to trade with, and the demo account really helps a lot with this.

Oct 06 2020 at 02:01
posts 298
If you are a new trader, you should do demo trading first. Demo trading helps to develop your skills. There is no such thing as demo trading to use strategy as a new trader. Demo trading is very beneficial in education. In this case, a good broker is needed. A broker can take a trader to a good platform.

Oct 06 2020 at 08:03
posts 47
Demo trading is done in a way that you can understand and strategize the live account but without money psychology. However it is very useful for the beginner to learn everything that there is for the trading.

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