robindude posted: Demo is a mandatory if you are newbie into trading. How are you going to start trading without taking or learning the concept that comes in with demo trading?
Depends on the trader, I didn't say 'everybody', just a certain few. Also like math and science, in physics 'for every action, the is an opposite and equally reaction'. So where would a person learn to use emotions of live trading, especially during a crash?
I'm not saying your wrong, I'm expressing an idea to certain people that feel a certain way about life, a demo is not right for them. Cheers
AliaDare posted: Skills can be developed using a demo account. A profitable strategy can be created using a demo account. So a demo account is very important for every trader.
Have you ever considered, pit traders in the in the 60's 70's and 80's didn't charts at all? There was not such thing as a demo...What about trading before computers were even out? Traders were still making millions, they only relied on supply and demand, and bid and ask prices. The first stock market was in 1600's before America even existed. I'm just trying to open you guys mind to a skill. But I see most people want to rely on what you are used to. I'm pretty much done with these type of enlightenment, fine everyone sign up for a demo, get 1:500 leverage, and do what people say here.
W.D Gann, Nathan Rothchild, Warren Buffet, Me. Did not start on a demo. All live money, no charts, only bid and ask prices. I'm forgetting about the general public, most traders I see want a different type of life, I honor that. I not going to post anymore enlightened post anymore, no supreme math, no secret geometry, nothing. in closing the market rewards traders in the know. I wish you all well. I will not post here anymore you guys don't value the gems.
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