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Demo can not make you well experienced

Membre depuis Mar 11, 2022   posts 51
Dec 19, 2022 at 08:18
FredJones posted:
It is true that a demo cannot make you well experienced, but it can help you build various strategies and skills without taking any real risks.
I agree. Demo accounts can only help you familiarise with the market but can never give you the real taste of trading. You don't have any stake in the outcome when you trade on a demo account. No danger, no feeling, and no true repercussions. Contrarily, live trading is dangerous and complicated. You run the risk of blowing your account and losing what you have.
Membre depuis Mar 24, 2022   posts 56
Dec 23, 2022 at 11:43
Both live and demo trading have their own pros and cons. The real sense of trading can be felt only on a live account, but a demo account is crucial because it helps you understand how the market works without losing.
Membre depuis Nov 29, 2022   posts 40
Dec 29, 2022 at 05:57
It is true that demo trading can be a useful tool for new traders to gain experience and for experienced traders to test out new strategies. However, it is not perfect ; demo trading does not fully replicate the real trading environment and psychology plays a big role in live trading, which is missing in demo trading, so it is important for traders to be aware of this limitation and to be cautious when transitioning to live trading.
Membre depuis Mar 21, 2022   posts 47
Dec 29, 2022 at 08:27
It is true that demo trading and live trading are not the same things. However, it is also true that demo trading can help you gain confidence as a trader. It enables traders to learn about the market and trading from the ground up, and it actually allows a novice trader to gain trading experience.
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