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Demo trading
Jun 04, 2019 at 06:52
Sep 12, 2018からメンバー
22 投稿
lovethepips posted:its 100% right. New trader is think very quick scheme that's why they fall. its needed time to familiar with market. so try with demo is best. I am doing demo before 2.5 yrs and not doing real at all. I want to understand market. I want to grow slowly.
I would never suggest that a new trader open a live account, there is so much you can learn for free by simply trading on a demo account.
If you can't make a return trading demo, you won't make a return on a live account. My advice is to create or learn a strategy, trade it successfully on a demo account and then move to a live account. If you don't have the patience to do this, you won't have the patience to make it as a trader - trading is all about logic, patience and discipline.
Just my opinion, everyone is different...
Day by day having better, better and better...
Jun 04, 2019 at 06:53
Sep 12, 2018からメンバー
22 投稿
ForexScreamer posted:Thanks for great advice.lovethepips posted:
I would never suggest that a new trader open a live account, there is so much you can learn for free by simply trading on a demo account.
If you can't make a return trading demo, you won't make a return on a live account. My advice is to create or learn a strategy, trade it successfully on a demo account and then move to a live account. If you don't have the patience to do this, you won't have the patience to make it as a trader - trading is all about logic, patience and discipline.
Just my opinion, everyone is different...
I second this. Use a demo account and learn your strategy WELL. When you start trading a live account, emotions will come into play that you didn't have trading demo. You can overcome these emotions by trusting your strategy and trading exactly the same way.
Day by day having better, better and better...
Dec 05, 2016からメンバー
14 投稿
Jun 04, 2019 at 06:53
Dec 05, 2016からメンバー
14 投稿
ForexScreamer posted:lovethepips posted:
I would never suggest that a new trader open a live account, there is so much you can learn for free by simply trading on a demo account.
If you can't make a return trading demo, you won't make a return on a live account. My advice is to create or learn a strategy, trade it successfully on a demo account and then move to a live account. If you don't have the patience to do this, you won't have the patience to make it as a trader - trading is all about logic, patience and discipline.
Just my opinion, everyone is different...
I second this. Use a demo account and learn your strategy WELL. When you start trading a live account, emotions will come into play that you didn't have trading demo. You can overcome these emotions by trusting your strategy and trading exactly the same way.
Totally agree
If I can do it, so can you!
Dec 05, 2016からメンバー
14 投稿
Jun 04, 2019 at 09:56
Dec 05, 2016からメンバー
14 投稿
expkhaled posted:lovethepips posted:its 100% right. New trader is think very quick scheme that's why they fall. its needed time to familiar with market. so try with demo is best. I am doing demo before 2.5 yrs and not doing real at all. I want to understand market. I want to grow slowly.
I would never suggest that a new trader open a live account, there is so much you can learn for free by simply trading on a demo account.
If you can't make a return trading demo, you won't make a return on a live account. My advice is to create or learn a strategy, trade it successfully on a demo account and then move to a live account. If you don't have the patience to do this, you won't have the patience to make it as a trader - trading is all about logic, patience and discipline.
Just my opinion, everyone is different...
Well done. You have saved yourself a few blown trading accounts!
After 2.5 years though, I would consider taking things to the next step but we all learn differently and have different expectations.
All the best
If I can do it, so can you!
Jun 04, 2019からメンバー
11 投稿
Dec 05, 2016からメンバー
14 投稿
Jun 04, 2019 at 10:02
Dec 05, 2016からメンバー
14 投稿
BringmeFish posted:
Easier said than done. Easy to trust a strategy when on demo but doubts come in mind when trading live because real money is on the line
That is true. That's why you need to build confidence in the strategy first, otherwise you will doubt and give-up when trading live. Confidence can be built by thorough back-testing or by trading demo (or both).
If I can do it, so can you!
Jun 05, 2019 at 11:01
May 14, 2019からメンバー
5 投稿
lovethepips posted:true, that's what i did, tested my strategies alot before going live and then applied them on the real.BringmeFish posted:
Easier said than done. Easy to trust a strategy when on demo but doubts come in mind when trading live because real money is on the line
That is true. That's why you need to build confidence in the strategy first, otherwise you will doubt and give-up when trading live. Confidence can be built by thorough back-testing or by trading demo (or both).
Aug 05, 2017からメンバー
289 投稿
Jun 07, 2019 at 08:27
Oct 20, 2018からメンバー
300 投稿
BringmeFish posted:
Easier said than done. Easy to trust a strategy when on demo but doubts come in mind when trading live because real money is on the line
That`s a big problem yes. And that`s why every trader must consider demo and real are the same and to trade them in the same way. It`s one of the first things which must be learned.
momchil_slavov@
Aug 05, 2017からメンバー
289 投稿
Jun 07, 2019 at 10:50
Aug 05, 2017からメンバー
289 投稿
momo3HC posted:BringmeFish posted:
Easier said than done. Easy to trust a strategy when on demo but doubts come in mind when trading live because real money is on the line
That`s a big problem yes. And that`s why every trader must consider demo and real are the same and to trade them in the same way. It`s one of the first things which must be learned.
I totally agree.
Jun 09, 2019 at 10:45
Apr 19, 2019からメンバー
18 投稿
I think that learning to trade should be done on a mini forex account. Obviously you should have tested and refined a strategy on a demo account for at least two months. Demo is there for testing and to familiarise yourself with your strategy. However, transitioning to a live account afterwards is extremely important (I don't think it's wise to trade on demo for a long period of time). There are a multitude of factors that are just not experienced on a demo account.
With experience and time, you will start testing ideas and strategies on small live accounts.
With experience and time, you will start testing ideas and strategies on small live accounts.
Jun 14, 2019からメンバー
10 投稿
Jun 20, 2019 at 10:38
Jun 14, 2019からメンバー
10 投稿
Generous posted:
I think that learning to trade should be done on a mini forex account. Obviously you should have tested and refined a strategy on a demo account for at least two months. Demo is there for testing and to familiarise yourself with your strategy. However, transitioning to a live account afterwards is extremely important (I don't think it's wise to trade on demo for a long period of time). There are a multitude of factors that are just not experienced on a demo account.
With experience and time, you will start testing ideas and strategies on small live accounts.
Exactly a combination of demo and mini is the best solution by far. This is easiest transition possible
Jun 22, 2019 at 07:24
Oct 20, 2018からメンバー
300 投稿
togr posted:
Demo is very useful.
When you test your strategy you should always use demo for months.
When results are corresponding to your expectations you can swith to live account.
If the results are bad you can change the strategy.
That must be everybody's game for sure. 😉
momchil_slavov@
Jun 27, 2019からメンバー
13 投稿
Jun 27, 2019 at 12:00
Jun 27, 2019からメンバー
13 投稿
momo3HC posted:togr posted:
Demo is very useful.
When you test your strategy you should always use demo for months.
When results are corresponding to your expectations you can swith to live account.
If the results are bad you can change the strategy.
That must be everybody's game for sure. 😉
Most peoples game is to randomly buy / sell on max lot size until their trading account is wiped out!
Jun 30, 2019 at 07:06
Jun 29, 2019からメンバー
65 投稿
In the genuine course of action every forex trader will require some fundamental knowledge of trading which in turn boost confidence within a trader. Again, demo trading can actually help a beginner to recognize how he can manage his strategy and administer his funds here. And yes, demo can help anyone to build up his trading psychology by offering practice session before real investment.
Jul 09, 2019からメンバー
38 投稿
Jul 11, 2019 at 06:16
Jul 09, 2019からメンバー
38 投稿
Demo trading is a perfect way to start trading for beginners. This is done through demo accounts. Demo trading contains dummy funds, to enable the trader learn about how to trade and the usage of the trading platforms before setting up a real account for himself. It is, therefore, risk-free trading basically.
Trying demo trading in the initial stages of your trading routine, helps you master the specific details of trading. You eventually learn how to deal with the various fluctuations in the market and test your strategizing potential.
Using demo trading, it is easier to try your hand at how you can set different stop loss and take profit, how much you should invest in a particular scheme, etc.
All in all, demo trading can be of great help for the newbies.
Trying demo trading in the initial stages of your trading routine, helps you master the specific details of trading. You eventually learn how to deal with the various fluctuations in the market and test your strategizing potential.
Using demo trading, it is easier to try your hand at how you can set different stop loss and take profit, how much you should invest in a particular scheme, etc.
All in all, demo trading can be of great help for the newbies.
Jul 11, 2019 at 07:10
Jul 09, 2019からメンバー
26 投稿
• Demo account is a really nice and significant option to start with. To learn the basics and observe one can open these demo accounts for like 2 or 3 or 5 months. There are experienced traders who still open their demo accounts just to try new methods.
• They are provided by many trading platforms to test the platform’s reliability before customers actually invest their money to these investments.
• They are provided by many trading platforms to test the platform’s reliability before customers actually invest their money to these investments.

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