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Demo can not make you well experienced
Sep 29, 2020 at 14:34
Demo can not make you well experienced. No matter how much profit you make with demo. The real test begins when you start to trade with real money. When you trade with real money you get emotionally attached to it. When we are attached to anything, we tend to make mistakes. Demo can only help you to know the trading platform and test your strategy.
會員從Jul 19, 2020開始
283帖子
Sep 29, 2020 at 14:40
I agree with you. But for learning forex, I think, A demo account is the best option. Because you can practically test yourself in a demo account.
會員從Jul 20, 2020開始
278帖子
Sep 29, 2020 at 18:38
I completely agree with you. The demo is just to check your ability. It can not give a complete learning procedure.
會員從Jul 20, 2020開始
172帖子
Sep 29, 2020 at 19:08
Most of the traders use the demo account to check their strategy.
會員從May 21, 2020開始
5帖子
Sep 29, 2020 at 20:05
100% at last someone who gets it ..plus you have to trade a demo account with the same amount you are going to put in your LIVE account otherwise whats the point you leanr nothing ..anyone can win big with 50,000 demo on some lucky low pip high lots trades but that dont make you a successful trader....get $500 demo and double it 3 or 4 times ! THEN you are ready for going on live ! thats my thoughts and how i did it anyway
Live and Die by the Sword !
Sep 30, 2020 at 00:42
Emotions don't usually work in demo trading. There is no interest in trading when doing demo trading. Due to which it is often seen that even after making a lot of profit in demo trading, it is unable to make a profit in real trading. So if a trader invests a little money in real trading without demo trading, it will be much better than demo trading.
會員從Jan 11, 2019開始
140帖子
Sep 30, 2020 at 08:09
This happens because we do not trade seriously on demo account thinking we won't loose anything of our own.
會員從Sep 07, 2020開始
70帖子
Sep 30, 2020 at 08:12
You need to understand that the purpose of demo is nothing but offering you insight of how your live account trading will work. But you are missing out on fear of losing of money because you are basically losing nothing in demo, while actually losing in live account.
會員從Aug 17, 2020開始
121帖子
Sep 30, 2020 at 08:15
Even though demo trading is not the same and it doesn't help you exprience your true emotions and reactions to market movements, I think it shouldn't be underestimated, it is a great way to test your knowledge.
Oct 01, 2020 at 09:48
I disagree with that I know that demo does not include real money so there is less risk involved but that does not mean trading on demo does not give you experience. It gives you the experience of trading in real look-alike conditions. The demo gives you the idea that how the market operates, how can we strategize and how can we become effective and efficient to face the live conditions of the market.
會員從Mar 16, 2020開始
54帖子
Oct 03, 2020 at 05:16
Demo trading will help you learn about the trading and many traders provide same market conditions as their live account. It is helpful but in live trading one needs to have a proper strategy.
Oct 04, 2020 at 15:55
Yes, you're right. On the one hand, real trading and demo-trading are two different things. Real trading involves a lot of emotions, while demo trading is more like a game than real business.
Still, demo trading is a very important thing, especially if you have never traded. In general, I can compare trading with checkers. You don't have much time to think, so you have to make quick decisions. This can only be achieved with practice, when you study trading patterns and learn to react instantly.
A demo account allows you to learn how to trade and recognize trading patterns, so I think it's very important.
Still, demo trading is a very important thing, especially if you have never traded. In general, I can compare trading with checkers. You don't have much time to think, so you have to make quick decisions. This can only be achieved with practice, when you study trading patterns and learn to react instantly.
A demo account allows you to learn how to trade and recognize trading patterns, so I think it's very important.
會員從Sep 12, 2017開始
232帖子
Oct 12, 2020 at 09:01
UweMoench posted:
Demo can not make you well experienced. No matter how much profit you make with demo. The real test begins when you start to trade with real money. When you trade with real money you get emotionally attached to it. When we are attached to anything, we tend to make mistakes. Demo can only help you to know the trading platform and test your strategy.
I completely agree demo account is only for testing purposes
會員從Jun 15, 2020開始
46帖子
Oct 12, 2020 at 13:05
I agree! Real beginning can only happen with real money on a real account.
會員從Jul 19, 2020開始
283帖子
Oct 12, 2020 at 18:11
A demo account can help you to make experienced. It needs no caputal and it has no risks. You can test your strategy in this account.
會員從Jun 22, 2020開始
38帖子
Oct 21, 2020 at 11:05
I think demo helped me a lot to gain experience. I still use the demo accounts of my brokers Fxview and IC Markets to back test my reworked strategies.
