Importance of demo trading
Biedrs kopš
77 ieraksti
Dec 18, 2020 at 11:54
As I said, Demo trading has been very important to me because it allows us to strategize and implement the plan or strategy before actually putting them in live account, also you can always tweak and implement to make system respond to profit or losses better
Biedrs kopš
38 ieraksti
Dec 19, 2020 at 09:30
Demo trading gives you a good insight into how this market works. Best way to practice and get familiarized with the market, without risking any money.
Biedrs kopš
785 ieraksti
Dec 21, 2020 at 07:54
instead of demo i right now i am busy with micro account which really supportive to ensure real trading experience.
Biedrs kopš
13 ieraksti
Dec 21, 2020 at 09:35
Every newbie should start with demo trading imo.
Directly beginning with live account can be risky.
Directly beginning with live account can be risky.
Biedrs kopš
219 ieraksti
Dec 22, 2020 at 07:28
Demo trading can be used for learning new things even after trading on live account or after making profit. Trading on a demo account makes you familiar with the platform and helps in testing new strategies without risking the real money.
The more your practice, the more you learn.
Biedrs kopš
49 ieraksti
Dec 23, 2020 at 15:11
I would recommend demo trading for beginners because, in demo trading, a trader can test all the strategies.
But would also suggest not overstaying on it for a longer period because the live trading experience is when you will know if the strategy created will turn into profits.
But would also suggest not overstaying on it for a longer period because the live trading experience is when you will know if the strategy created will turn into profits.
Biedrs kopš
341 ieraksti
Dec 23, 2020 at 19:41
Brel posted:Yes. I completely agree with you. A demo account is the best way to learn and practice forex trading.
Every newbie should start with demo trading imo.
Directly beginning with live account can be risky.
Biedrs kopš
298 ieraksti
Dec 24, 2020 at 01:32
Demo trading is the first level of education. It is possible to gain a lot of knowledge by doing demo trading. As a trader, I first learned by doing demo trading.
Biedrs kopš
788 ieraksti
Dec 25, 2020 at 02:27
If you do demo trading, it is possible to gain profit in live trading by creating a strategy. Demo trading is the first part of education. The role of demo trading is a lot to gain knowledge.
Biedrs kopš
83 ieraksti
Dec 30, 2020 at 13:18
Successful traders always take advantage of the opportunities that are presented in this plan before real trading, because these are opportunities to ascertain their abilities.
Biedrs kopš
17 ieraksti
Jan 02, 2021 at 05:27
Indeed demo is the best way to start one's journey as a forex trader. Some people don't believe too much in it, but believe me when i say no one should risk their real funds before practicing for sometime on demo account.
Biedrs kopš
147 ieraksti
Jan 02, 2021 at 08:42
According to me, the experience of trading on demo and live account is totally different.
Biedrs kopš
16 ieraksti
Jan 02, 2021 at 11:06
(labots Jan 02, 2021 at 11:07)
the only difference between the demo and the real is at the psychological level of the trader. virtual money that you can lose without limit and real money that you cannot afford to lose.
USD
Biedrs kopš
788 ieraksti
Jan 04, 2021 at 01:20
Demo trading is one of the means to gain knowledge. The strategy should be developed by demo trading.
Biedrs kopš
90 ieraksti
Jan 04, 2021 at 21:10
Thanks to trading virtual funds, it is possible in practice to make sure of the effectiveness of the strategy and, if necessary, make appropriate changes
Biedrs kopš
886 ieraksti
Jan 05, 2021 at 07:28
demo most of the time not works , i means we cant focus on there , its a emotional issue all about.
Biedrs kopš
238 ieraksti
Jan 05, 2021 at 08:06
i belive its all about the mindset. if one wants he she can learn alot from the demo account. its all in the mind how we look at it.
Biedrs kopš
75 ieraksti
Jan 05, 2021 at 15:16
For some demo accounts, it is not as important as for other traders, but everyone should understand that this is an opportunity to increase their experience and gain confidence.
Biedrs kopš
16 ieraksti
Jan 06, 2021 at 06:31
(labots Jan 06, 2021 at 06:31)
Malajind posted:Definitely its gives you an insight into the forex trading platform and you can definitely share strategies.
For some demo accounts, it is not as important as for other traders, but everyone should understand that this is an opportunity to increase their experience and gain confidence.
Biedrs kopš
30 ieraksti
Feb 05, 2021 at 08:28
The demo account is also a very good basis to overcome your fears.
