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Is a demo account really neccassary?
Mar 25, 2022 at 04:39
Nov 02, 2021からメンバー
73 投稿
They say ‘Practice makes a man perfect’, and there is only one place where forex traders can practice their strategies and obtain new knowledge about forex trading, i.e., a demo account. Since forex trading involves money, it is better to practice as much as possible instead of rushing towards trading a live account only to blow it eventually.
Jun 12, 2021からメンバー
132 投稿
Apr 04, 2022 at 07:59
Mar 11, 2022からメンバー
37 投稿
Yes, demo trading is necessary in a way that you get to experience trading before you start risking your money. I believe it’s better than going directly into the live market and being clueless about using a platform and trading tools. Practising on a demo account will help overcome the barrier.
Oct 29, 2021からメンバー
69 投稿
Apr 14, 2022 at 04:57
Oct 29, 2021からメンバー
69 投稿
Trading can be really tough for the beginners and that is why you need to have a demo account. You will be able to see how the market works and you will also be able to see how the strategies work in real time. This is a great way to learn more about the strategies and to also test them out. You have to have access to the trade simulator in order to get the most out of your trading
Apr 18, 2022 at 07:31
Mar 24, 2022からメンバー
56 投稿
Yes, all the demo accounts are practice accounts and are designed to help you play around with the trading process, which will help you know about how a real account works.Demo trading is also a very good way of learning how to trade and gaining confidence.
Mar 17, 2022からメンバー
46 投稿
Apr 18, 2022 at 07:45
Mar 17, 2022からメンバー
46 投稿
I would nod to this as I believe that it would be stupid of any trader to jump into the market without making use of the free tool to obtain practical knowledge. It’s good to be confident about the lessons you have taken but practising on a demo account for a while would only help you.
Apr 14, 2022からメンバー
32 投稿
Jun 12, 2021からメンバー
132 投稿
Apr 14, 2022からメンバー
47 投稿
Apr 23, 2022 at 09:35
Apr 14, 2022からメンバー
47 投稿
Yes, it is definitely necessary and beneficial for new traders to get familiar with the platform because it gives a real-life trading experience. Also, it is risk-free, with no real capital involved, and the best tool to develop various skills and strategies.
Jun 12, 2021からメンバー
132 投稿
Apr 14, 2022からメンバー
40 投稿
Oct 27, 2020からメンバー
16 投稿
Apr 27, 2022 at 06:22
Oct 27, 2020からメンバー
16 投稿
To some extent, it is. You need to understand the basic functions of the market and trading platforms before you use your real money. This is exactly what a demo account helps you with. But don’t depend too much on your demo account results since it’s just a simulator.
Apr 27, 2022 at 06:37
Mar 28, 2021からメンバー
586 投稿
Davidfx89 posted:
right now using demo and using price action trading strategy in there to see the performance how it works.
Well said, actually Price Action trading strategy is so powerful technical aspect to follow! In my live trading, I also use the PA trading! Besides, demo account is the best place to practice with!
Apr 27, 2022 at 06:44
Apr 14, 2022からメンバー
24 投稿
In a way, YES! It’s a fact that you may not get live trading experience on your demo account. But it is also true that you can invite huge losses if you don’t practice on a demo account where you can learn how to use trading software, how to execute a trade, how to make settings, etc.
Jun 26, 2020からメンバー
323 投稿

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