practice is important and for that demo is a good choice , but i dont like this, i always try to maintain live account with minor balance . its supportive to acquire live knowledge and experience.
Mohammadi posted:Yes. You are right. To learn the trading, Demo account is the best option.
practice is important and for that demo is a good choice , but i dont like this, i always try to maintain live account with minor balance . its supportive to acquire live knowledge and experience.
nancyadams
Membre depuis Jan 01, 2021
posts 12
Apr 02 2021 at 10:31
Demos are very good for practising and making sure traders don’t end up losing their money in an instant while trading live.
Adribaasmet
Membre depuis Aug 27, 2017
posts 994
Apr 02 2021 at 10:50
in Forex trading traders use demo according to their need , most beginners use this platform when start trading after basic knowledge , its the master place to practice in a proper way , it should not be ignored.
AjayBagga posted:A demo account is the best platform to learn forex properly.
I made good money on my demo now im urging to get on with the real thing
Demo account is a powerful platform for those who want to achieve results on a real platform
traderroni
Membre depuis Oct 05, 2019
posts 37
May 07 2021 at 08:03
Demo and Live accounts results are quite different though. When money comes into play, the entire game is changed. Yet. demo practicing is an absolute necessity in trading.
SofieAndreasen
Membre depuis Jul 23, 2020
posts 759
May 07 2021 at 23:10
traderroni posted:I also agree. Every new trader should start with demo trading first before real trading.
Demo and Live accounts results are quite different though. When money comes into play, the entire game is changed. Yet. demo practicing is an absolute necessity in trading.
neilwalton
Membre depuis Apr 02, 2021
posts 8
Jun 05 2021 at 12:36
Demo trading is not at all dull and I have been reading for some time now. I remember trading on a demo account for about 5 or 6 months before I actually moved onto the live account with my broker.
Rjay Bulaong
(RjayBulaong)
Membre depuis Jun 03, 2021
posts 6
Jun 05 2021 at 13:03
For me, demo trading is so useless (in my experience, at least). It's really only useful for familiarizing yourself with the platform, but with regard to actual trading, hasn't been that helpful for me. I mean, for real though, no one takes play money seriously lol. Dip your feet in the water! You can always start small, then just gradually increase it as you gain more experience.
“All our dreams can come true, if we have the courage to pursue them.” – Walt Disney
LyudmilLukanov
Membre depuis Jul 23, 2020
posts 869
Jun 09 2021 at 05:52
It is free and traders can test real trading without any money.
LyudmilLukanov posted:Yes.It's the most important thing to practice and learn forex trading.
It is free and traders can test real trading without any money.
SteveHanks
Membre depuis Mar 17, 2021
posts 536
Jun 12 2021 at 17:28
LyudmilLukanov posted:Yes. a demo can be very effective to learn forex properly.
It is free and traders can test real trading without any money.
highjumping
Membre depuis Apr 28, 2021
posts 9
Jun 14 2021 at 10:23
I use demo now as well. it is the best. I can try different EAs and my own trades risk free. No point losing money unnecessarily
Adribaasmet
Membre depuis Aug 27, 2017
posts 994
Jun 15 2021 at 08:22
its a very good decision, demo is really important but honestly
speaking sometimes the experience we take from the demo not works in a real account.
speaking sometimes the experience we take from the demo not works in a real account.
I consider demo trading as one of the important steps that a trader should perform before going into live trading. Trading on demo accounts will give you a better understanding of the market and will also help in identifying risks that can be avoided while making live trades.
spacexdragon
Membre depuis Jun 15, 2021
posts 8
Jun 15 2021 at 09:41
I do not know why people still ask about the importance of demo it is obviously the most important part of learning to trade. If you don't get that then give up
For some reason, some people think that they can do without a demo account and immediately start trading on a real account, this self-confidence often has a detrimental effect on trading.
Anayalmeena
Membre depuis Dec 26, 2019
posts 20
Jun 30 2021 at 16:25
I also support the idea that demo account can be useful for the newbies. There are so many people nowadays who claim that using demo account is waste of time. Surely, you won't get the same feelings with the real account but you can still test new strategies and get used to the terminal you want to use. That is the most frustrating thing when you want to open the dead quickly but you are not quite sure which button to press. I believe that it is essential to master the terminal so that you can operate it automatically.