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Newcomers and demo trading
Anggota Sejak Jul 23, 2020
869 pos
Sep 27, 2020 at 12:03
Anggota Sejak Jul 23, 2020
869 pos
ElliotCooke posted:I agree. However, Trader lack emotion in demo account due to virtual money. They feel real emotion in live trading and make mistake because of that.
Every new trader should practice first at the demo account before entering into the live account. The demo account will help them to learn all the basics of forex perfectly.
Anggota Sejak Jun 30, 2020
37 pos
Anggota Sejak Jul 01, 2020
27 pos
Oct 20, 2020 at 04:21
Anggota Sejak Jul 19, 2020
751 pos
@Ezereombre yes demo is absolutely essential but need to use in a proper way. We can't take 1000000 balance and trade. We have to treat demo like real account. Take balance 200$ to 600$ and learn risk management.
Anggota Sejak Jul 19, 2020
318 pos
Anggota Sejak Feb 19, 2017
6 pos
Anggota Sejak Sep 12, 2017
238 pos
Anggota Sejak Oct 13, 2020
34 pos
Dec 24, 2020 at 12:26
Anggota Sejak Oct 13, 2020
34 pos
Demo trading is essential not only for new traders but also for experienced ones. If I am to give my own example, I started trading first demo accounts of etrade and ib, and after almost 5 months went live. This was about 2 years back. I am still using both demo and live accounts simultaneously for practicing my strategies on demo before applying them on the live account.
Anggota Sejak Jul 23, 2020
869 pos
Anggota Sejak Jun 15, 2020
59 pos
Anggota Sejak Oct 05, 2020
30 pos
Dec 26, 2020 at 15:02
Anggota Sejak Oct 05, 2020
30 pos
inspirenez posted:What’s the criteria here for classifying these brokers as good?
In that case go for a broker that offers a demo account, it’s always important to test a broker before going live with them. There are so many decent ones to pick from: Forex com, Fxview, IG.
Anggota Sejak Jul 20, 2020
298 pos
Anggota Sejak Jul 23, 2020
869 pos
Dec 27, 2020 at 04:20
Anggota Sejak Jul 23, 2020
869 pos
inspirenez posted:I think all broker offer demo account. Trade should test the services in demo account before investing money.
In that case go for a broker that offers a demo account, it’s always important to test a broker before going live with them. There are so many decent ones to pick from: Forex com, Fxview, IG.
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