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Is demo trading enough before real account?

Mohammadi
Oct 08 2020 at 06:03
posts 886
live account can be beneficiary for acquiring real trading experience but first of all they have to finish basic level of trading, otherwise this approach will not work at all.   

Mikehussey
Oct 12 2020 at 08:15
posts 58
Demo accounts are pretty useful for traders and they kind of set the foundation of trading. They are absolutely critical for back testing and then restrategising. An absolute must for figuring out Forex in the beginning!

russellgutierrez (russellgutierrez)
Oct 12 2020 at 13:00
posts 56
Can’t say it’s enough, but it sure is a prerequisite to get a feel of the trading conditions.

Gleywilleyy
Oct 21 2020 at 11:06
posts 47
It’s not enough but it’s definitely necessary. Demo account is the only way for a new trader to get a feel of the broker before live trading. I personally have used Fxview but you can choose any broker you prefer like Oanda, Alpari or London Capital Group. Just make sure that it is regulated, stay away from scams!

DoraWalletInvest
Oct 21 2020 at 17:48
posts 123
Demo trading is definitely necessary. They might not be enough as they cannot simulate the emotions you might feel when there is real money at stake but I think you can adjust your mindset to treat demo money like real money as much as possible. Regardless, it is useful for testing your strategies before you risk your capital.

Amber_0302
Oct 22 2020 at 11:43
posts 54
demo account is a replica of a live platform. it is very useful for building up a strategy as one can play around and learn more about the live trading.

EbonyJones
Oct 22 2020 at 20:46
posts 232
I think only demo can not help you to make prepare yourself for real trading. You have to research and follow many more things to become experience in trading.

Juan_Garcia
Oct 23 2020 at 11:24
posts 33
Demo trading is one of the essential steps before live trading, but not the only one.

Kazile
Oct 26 2020 at 10:13
posts 116
Demo account, of course, is important before real trading, but do not forget that you must have your own strategy and trading plan.

Betty_60
Oct 28 2020 at 09:05
posts 41
Kazile posted:
Demo account, of course, is important before real trading, but do not forget that you must have your own strategy and trading plan.

True, only demo is never enough.

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