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Importance of demo trading
Jan 10, 2022 at 07:46
Anggota Sejak Jul 19, 2020
788 pos
Akasuki posted:Of course, demo trading is a platform where the trader can develop his career. Knowledge of live trading can be gained by trading on this platform.AliaDare posted:Demo trading isn't for those who are proficient in trading. Demo accounts allow us to test our strategies and strategies. We can gain knowledge on how to implement our strategies through a demo.
Demo account provides fake money which is very best to practice. Demo platform is very important for developing knowledge.
Anggota Sejak Apr 18, 2019
30 pos
Jan 12, 2022 at 08:48
Anggota Sejak Apr 18, 2019
30 pos
Lots of new traders neglect demo trading, because they suppose that they have to start off from a real account, because only in this case they will be able to earn money. Actually, some traders can be successful without demo trading, nevertheless, the vast majority of traders is obliged to start off from demo account. It teaches them how to understand all the moves on the market. The main goal of demo account is to meet a trader with the techniques of trading. I believe that traders should try to stay on demo at least couple of days, in order not to have difficulties on the real account actually.
Anggota Sejak Jun 12, 2021
132 pos
Anggota Sejak Oct 01, 2022
53 pos
Dec 07, 2022 at 10:09
Anggota Sejak Oct 01, 2022
53 pos
Andromaris posted:thanks for your nice detail , got some fine line.
Lots of new traders neglect demo trading, because they suppose that they have to start off from a real account, because only in this case they will be able to earn money. Actually, some traders can be successful without demo trading, nevertheless, the vast majority of traders is obliged to start off from demo account. It teaches them how to understand all the moves on the market. The main goal of demo account is to meet a trader with the techniques of trading. I believe that traders should try to stay on demo at least couple of days, in order not to have difficulties on the real account actually.
Anggota Sejak Nov 29, 2022
40 pos
Dec 09, 2022 at 09:16
Anggota Sejak Nov 29, 2022
40 pos
Demo trading is good because it gives the trader time to figure out which style they wish to trade in. It also gives them an overall idea of what to do during the process so they don’t find themselves lost during live trading. Practice is important.
Dec 16, 2022 at 09:30
Anggota Sejak Mar 24, 2022
56 pos
Before trading on a live account, trading on a demo account makes a trader learn how to interpret charts and analyse the market. It also helps traders with learning trading psychology and risk management and refining their trading strategy.
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