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Newcomers and demo trading

MP_89
Jul 02 2020 at 13:33
47 ieraksti
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?

Dictiony
Jul 03 2020 at 00:08
231 ieraksti
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.

Fernando9
Jul 06 2020 at 06:39
22 ieraksti
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.

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.

Mohammadi
Jul 06 2020 at 07:11
886 ieraksti
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.   

MP_89
Jul 06 2020 at 10:46
47 ieraksti
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 ...

MP_89
Jul 06 2020 at 10:48
47 ieraksti
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 ...

Kazile
Jul 06 2020 at 14:01
119 ieraksti
Without a demo account, it will be quite difficult for a newcomer to understand the brokerage platform.

SofieAndreasen
Aug 14 2020 at 17:08
689 ieraksti
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.

Dictiony
Aug 17 2020 at 00:47
231 ieraksti
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.

ElliotCooke
Aug 17 2020 at 10:32
341 ieraksti
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.

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