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Importance of demo trading
Membre depuis Sep 08, 2020
posts 32
Oct 06, 2020 at 07:36
Membre depuis Sep 08, 2020
posts 32
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.
Membre depuis Sep 07, 2020
posts 63
Membre depuis Jul 20, 2020
posts 232
Membre depuis Jul 20, 2020
posts 298
Oct 07, 2020 at 02:24
Membre depuis Jul 20, 2020
posts 298
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.
Membre depuis Sep 18, 2020
posts 31
Oct 14, 2020 at 10:35
Membre depuis Jul 15, 2020
posts 36
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.
Membre depuis Jun 24, 2020
posts 34
Oct 26, 2020 at 05:32
Membre depuis Jul 15, 2020
posts 36
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
Membre depuis Jul 15, 2020
posts 36
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.
Membre depuis Aug 24, 2020
posts 13
Membre depuis Mar 16, 2020
posts 54
Membre depuis Oct 08, 2020
posts 25
Nov 19, 2020 at 06:40
Membre depuis Nov 19, 2020
posts 104
Amber_0302 posted:Yes, good for practice.
demo accounts are the exact replicas of live accounts, and present real market conditions and one can practice as long as he/she wants.
But since funds aren't involved, effect of emotions is least in demo. The trading experience is too different from live.
Membre depuis Jul 19, 2020
posts 318
Membre depuis Jul 20, 2020
posts 341
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