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Demo trading

SkeletonTj
Feb 20 2019 at 09:58
11 投稿
Imamul posted:
Demo trading the first of trading in Forex , but Honestly speaking I have never used this trading place when I was a newbie. Because I was bored in here. I studied in Pips School and besides this i was in live account with small balance. It worked greatly instead of demo account.


How did that work for you? Are you now profitable?

AlHashim
Feb 21 2019 at 10:48
10 投稿
I like small balance account best. Demo is good for 3 months but after that a small account is best for advancing learning

Bongotrader (expkhaled)
Feb 21 2019 at 15:21
22 投稿
if you have available money to loose then real is better. Demo is best for who have no ability to loose at all @ primary level. because @ primary level you have to loose.

Day by day having better, better and better...
BipinBike
Feb 24 2019 at 07:23
10 投稿
Does anyone have money to lose?! But even if you are rich and money is meaningless surely it is better to use demo anyway. Then start on a big account that 'hurts' if lose

WinterWalker
Feb 24 2019 at 07:30
11 投稿
what do you mean by 'primary level'. Why would you have to lose at the primary level

RedSox
Feb 24 2019 at 07:46
10 投稿
I never really learnt that much from demo account. I only started learning and taking trading seriously when I used a micro account. I suggest that new trader move on to a real account as soon as they can

Bongotrader (expkhaled)
Feb 24 2019 at 10:50
22 投稿
WinterWalker posted:
what do you mean by 'primary level'. Why would you have to lose at the primary level
Any 1 need to loose because if u loose then u get a idea to how make profit. Without loose u didnt make money in forex. That`s why you need to drive demo.

Day by day having better, better and better...
Mohammadi
Mar 01 2019 at 04:09
886 投稿
i was profitable in demo with this trading approach but didn't get same result when starting real account.

Bongotrader (expkhaled)
Mar 01 2019 at 13:35
22 投稿
Mohammadi posted:
i was profitable in demo with this trading approach but didn't get same result when starting real account.
ok profitable in demo. May i know is it system wise demo or 5000 & 10000 usd demo. if you use large account in demo then real is like that type of demo. I think we use as careless. We want to invest 100 or 500 usd and we use 5000 or 10000 usd. How it will workable. You have to use demo as real. That is if you want to invest 100 then demo is 100usd ok.

Day by day having better, better and better...
jamesgwyther
Mar 03 2019 at 06:30
289 投稿
Yes you should use a demo account size that is realistic.

jamesgwyther
Mar 03 2019 at 06:31
289 投稿
Mohammadi posted:
i was profitable in demo with this trading approach but didn't get same result when starting real account.


Emotions play a large part in LIVE trading.

Mcross
Mar 03 2019 at 06:34
10 投稿
So many demo start at $10,000 but with low leverage accounts trading with $10,000 is very different to $100. My account is small so I asked broker to change my demo account size to only be $100 it limit the trades I can take but better practice

ScottyCarsonMVP
Mar 05 2019 at 07:29
54 投稿
jamesgwyther posted:
Mohammadi posted:
i was profitable in demo with this trading approach but didn't get same result when starting real account.


Emotions play a large part in LIVE trading.


Yes they certainly do!

rorofx
Mar 06 2019 at 08:55
7 投稿
demo is must for a new trader, but certainly is not same as live trading. according to me, real experience comes from live trading only and demos are just a way to learn how to trade.

SkeletonTj
Mar 06 2019 at 12:54
11 投稿
rorofx posted:
demo is must for a new trader, but certainly is not same as live trading. according to me, real experience comes from live trading only and demos are just a way to learn how to trade.


Very true but demo is very good for total newbie. Just to learn how to use the trading platform it is advantage to play on demo. Live is best but can be expensive so demo can help

tracydavison
Mar 10 2019 at 06:46
34 投稿
how long should a newbie demo for guys? thanks

Frank Martin (frankmartin1)
Mar 12 2019 at 08:10
46 投稿
Mohammadi posted:
The demo account is really important for all kinds of traders in particularly the newcomers. in my trading career, after passing a long time I still depend on demo account for some inevitable reason, I use all my trading strategies first of all in demo account to see the performance how it works. this approach always helps me for avoid risk in live account when trading practically. What is your experience in demo ?


Before start live trading, I have practiced 8 months in the demo.

I think it's an essential part to be a good trader.

Pentz Consulting
ForexScreamer
Mar 14 2019 at 07:22
49 投稿
tracydavison posted:
how long should a newbie demo for guys? thanks


Until you start making money consistently. Once that happens it's tough to stay in demo. You start thinking 'I could be making real money!'

Imamul
Mar 17 2019 at 09:53
685 投稿
The traders who are particularly beginners don’t believe the importance of demo account at all. My trading career after passing a long time I still dependable on demo account, I use all my trading strategies first of all in demo account to see the performance how it works. It always helps me to avoid risk in live trading.

Atchris
Mar 20 2019 at 11:24
10 投稿
ForexScreamer posted:
tracydavison posted:
how long should a newbie demo for guys? thanks


Until you start making money consistently. Once that happens it's tough to stay in demo. You start thinking 'I could be making real money!'

i agree. then they jump into real market with big cash and lose. demo trading is necessary and small account after that. so not jump to big trades directly after demo.

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