The demo account is the master

Feb 26, 2021 at 14:06
Vues 1,840
36 Replies
Membre depuis Jul 19, 2020   posts 298
Feb 26, 2021 at 14:06
The demo account is the master place for a beginner to acquire all basic fundamental information which is very supportive to continue a live account in a proper way. But practically most of the beginners don’t believe the importance of this trading place at all. In my trading career, I use all my trading strategies in demo trading to see the performance how it works.
Membre depuis Jul 19, 2020   posts 751
Feb 26, 2021 at 14:18
Those who think demo trading does not have any value they learn the value of demo trading the hard way. That is by losing a decent amount of money. A Demo account is an important tool for a trader.
Membre depuis Jan 15, 2021   posts 1
Feb 26, 2021 at 19:49
Couldn't agree more. Its all also about know where every fits within the puzzle comfort on the platform.
Membre depuis Jul 19, 2020   posts 788
Feb 27, 2021 at 01:04
Demo accounts help a lot to make the trader professional. Such as how to do analysis, how to maintain money management, and risk management. It is possible to gain knowledge about all these issues from the demo account.
Membre depuis Oct 26, 2020   posts 33
Mar 04, 2021 at 11:28
UweMoench posted:
Those who think demo trading does not have any value they learn the value of demo trading the hard way. That is by losing a decent amount of money. A Demo account is an important tool for a trader.
If it wasn’t for my demo account I would have never made it this far!
Membre depuis Oct 26, 2020   posts 33
Mar 05, 2021 at 11:40
carolehaye posted:
sailingconsist posted:
UweMoench posted:
Those who think demo trading does not have any value they learn the value of demo trading the hard way. That is by losing a decent amount of money. A Demo account is an important tool for a trader.
If it wasn’t for my demo account I would have never made it this far!
Which ones did you use? I can’t seem to settle on one….
That’s something that all traders have encountered. What to do? There are so many choices! I had used Pepperstone. Both good as per my requirements. Even you should first identify your trading style and then according to that go for brokers.
Membre depuis Dec 14, 2020   posts 18
Mar 06, 2021 at 03:57
sailingconsist posted:
carolehaye posted:
sailingconsist posted:
UweMoench posted:
Those who think demo trading does not have any value they learn the value of demo trading the hard way. That is by losing a decent amount of money. A Demo account is an important tool for a trader.
If it wasn’t for my demo account I would have never made it this far!
Which ones did you use? I can’t seem to settle on one….
That’s something that all traders have encountered. What to do? There are so many choices! I had used Fxview and Pepperstone. Both good as per my requirements. Even you should first identify your trading style and then according to that go for brokers.
Thanks for replying mate. I am trying my hand at scalping….
Membre depuis Nov 16, 2020   posts 16
Mar 11, 2021 at 12:22
Demo accounts work great for both new and professional traders. You can test as many strategies as you want on your demo account before risking your money.
Membre depuis Jul 23, 2020   posts 869
Mar 12, 2021 at 04:02
josejames posted:
Demo accounts work great for both new and professional traders. You can test as many strategies as you want on your demo account before risking your money.
Traders can also test broker services in demo account without investing money.
Membre depuis Jul 23, 2020   posts 759
Mar 12, 2021 at 04:16
AliaDare posted:
Demo accounts help a lot to make the trader professional. Such as how to do analysis, how to maintain money management, and risk management. It is possible to gain knowledge about all these issues from the demo account.
However, demo traders lack emotion. So, you cannot learn everything in the demo account.
Membre depuis Aug 27, 2017   posts 994
Mar 12, 2021 at 10:25
when looking for a broker we the traders, first of all, have to make sure which is regulated, actually the best broker always ensures the security of funds with a wide range of trading technologies.
Membre depuis Sep 12, 2017   posts 238
Mar 12, 2021 at 11:03
demo account can surely make you the master of trading.
Membre depuis Jul 19, 2020   posts 788
Mar 13, 2021 at 01:27
Demo trading should be done first to develop skills. Demo trading helps a lot in gaining experience.
Membre depuis Jun 26, 2020   posts 327
Mar 13, 2021 at 05:08
demo is really important for all kinds of trader even professional , but i have seen most of us always ignore this trading place.
Membre depuis Dec 28, 2020   posts 187
Mar 15, 2021 at 10:41
As a newbie i am already doing demo trading but I don’t know how much time I should spend on demo trading
And after a point I feel it to be boring also.
Membre depuis Mar 13, 2018   posts 13
Mar 15, 2021 at 13:23
Demo is boring and that makes it unrealistic. A micro live account is best because the thought of losing real money keeps the attention
Membre depuis Jul 19, 2020   posts 788
Mar 15, 2021 at 16:44
SofieAndreasen posted:
AliaDare posted:
Demo accounts help a lot to make the trader professional. Such as how to do analysis, how to maintain money management, and risk management. It is possible to gain knowledge about all these issues from the demo account.
However, demo traders lack emotion. So, you cannot learn everything in the demo account.
If you trade with the original money, the fear of losing that money is in the minds. And when it comes to demo trading, it seems that there is no problem even if you don't lose the original money. I can't talk to anyone else I shared my experience.
Membre depuis Jul 19, 2020   posts 788
Mar 15, 2021 at 16:51
Antonio_K posted:
SofieAndreasen posted:
AliaDare posted:
Demo accounts help a lot to make the trader professional. Such as how to do analysis, how to maintain money management, and risk management. It is possible to gain knowledge about all these issues from the demo account.
However, demo traders lack emotion. So, you cannot learn everything in the demo account.
True, because emotions intervene only when actual monye is involved, thats why demo seems way too easy as compared to real account trading.
I wanted to point out that demo trading is less important because of which there is no loss or gain emotionally. But if that is the original money, then emotionally it can be a bit of a problem.
Membre depuis Aug 20, 2020   posts 27
Mar 16, 2021 at 14:11
The demo account is the first tool used by a beginner to trade on live market using demo capitals and risk-free to understand how the live market works.
Membre depuis Nov 06, 2018   posts 83
Mar 16, 2021 at 15:31
Yep demo is the best place to start. But the real emotions start when trade live.
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