Newcomers and demo trading
Biedrs kopš
238 ieraksti
Jul 02, 2020 at 08:15
When I start trading,demo trading played a big role and comes out to be profitable for me as i took it very seriously and traded like i am trading on live account
Biedrs kopš
47 ieraksti
Jul 02, 2020 at 13:33
what is the probability in % that success on a real acc will be the same as on a demo. i'm scared and afraid to lose a deposit. what do you thinl?
Biedrs kopš
231 ieraksti
Jul 03, 2020 at 00:08
Demo trading can be very helpful for every trader who are new in Forex. He can practice more and more with demo trading and after some experience he can make good profit in the real market.
Biedrs kopš
22 ieraksti
Jul 06, 2020 at 06:39
Dictiony posted:That's right! Demo is perfect to test strategies and practice. One shouldn't directly start with a live account, there are more chances to loose that way.
Demo trading can be very helpful for every trader who are new in Forex. He can practice more and more with demo trading and after some experience he can make good profit in the real market.
Biedrs kopš
886 ieraksti
Jul 06, 2020 at 07:11
live account can be beneficiary for acquiring real trading experience but first of all they have to finish basic level of trading, otherwise this approach will not work at all.
Biedrs kopš
47 ieraksti
Jul 06, 2020 at 10:46
Dictiony posted:
Demo trading can be very helpful for every trader who are new in Forex. He can practice more and more with demo trading and after some experience he can make good profit in the real market.
Now I’m thinking whether I need to open a real account there, if such an attitude is on their part ...
Biedrs kopš
47 ieraksti
Jul 06, 2020 at 10:48
Dictiony posted:
Demo trading can be very helpful for every trader who are new in Forex. He can practice more and more with demo trading and after some experience he can make good profit in the real market.
I think so too.
But I have a problem with FxPro.
Already a second my demo account is being blocked (disabled) for a month. I can’t even close open trades.
Has anyone had a similar practice?
Now I’m thinking whether I need to open a real account there, if such an attitude is on their part ...
Biedrs kopš
119 ieraksti
Jul 06, 2020 at 14:01
Without a demo account, it will be quite difficult for a newcomer to understand the brokerage platform.
Biedrs kopš
759 ieraksti
Aug 14, 2020 at 17:08
Demo accounts allow traders to track real market conditions and test trading strategies so they can practice trading without putting money on the line. Newcomer should try it first. Once you're sure to get started, you're ready to go live with a real trading account.
Biedrs kopš
231 ieraksti
Aug 17, 2020 at 00:47
Demo trading is very helpful for all new comers in Forex trading and I see that most of the traders using this opportnity of learning Forex. All new traders do demo trading for at least thtree months to get some good practice and experience.
Biedrs kopš
341 ieraksti
Aug 17, 2020 at 10:32
I think every newcomer should use the demo account first before investing their money in the live account. a demo account will help them to know all the basics of forex properly. Then the possibility of facing losses will decrease.
Biedrs kopš
298 ieraksti
Aug 17, 2020 at 10:51
Demo is important for everyone. The use of demo is to test your strategy. To. Find out the winning odds of a strategy you have to test it on demo first. Another use of demo is to get ideas about a broker's platform. Make your strategy perfect on demo then apply that strategy on live account.
Biedrs kopš
10 ieraksti
Aug 17, 2020 at 10:56
Demo is the most important tool any trader can have and it is completely free. Why more traders do not use demo I do not know
Biedrs kopš
751 ieraksti
Aug 17, 2020 at 11:52
For newcomers demo is very important. By demo they can know how to trade on mt4. Demo is also useful to test your strategy. It is a good idea to test strategy on demo than live account.
Biedrs kopš
4 ieraksti
Aug 17, 2020 at 12:32
I recently came to forex trading, but what I want to say is that a demo account is not a panacea, I have been convinced many times that what works on a demo account may not work in a real account, and the market always behaves differently. So do everything on a demo account, I'm not in agreement.
Biedrs kopš
8 ieraksti
Aug 17, 2020 at 20:09
By using demo you learn what to do in practice and that should be mandatory before starting.
Biedrs kopš
102 ieraksti
Aug 18, 2020 at 05:27
Always consider demo trading an important practice in improving your trading styles and strategies.
Biedrs kopš
112 ieraksti
Aug 18, 2020 at 07:34
Personally, I think there is no point in switching to a real account until you have tried yourself on a demo account.
Biedrs kopš
341 ieraksti
Aug 19, 2020 at 13:12
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.
Biedrs kopš
90 ieraksti
Aug 21, 2020 at 06:47
Thanks to the demo account, beginners who will start creating their trading strategies can test it on it, and if the demo account is very similar to a real account like that of Amarkets, then there will be no problems with this in the future.
