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The demo account is the master

AliaDare
Mar 15 2021 at 16:51
760 postów
Antonio_K posted:
SofieAndreasen posted:
AliaDare posted:
Demo accounts help a lot to make the trader professional. Such as how to do analysis, how to maintain money management, and risk management. It is possible to gain knowledge about all these issues from the demo account.

However, demo traders lack emotion. So, you cannot learn everything in the demo account.

True, because emotions intervene only when actual monye is involved, thats why demo seems way too easy as compared to real account trading.

I wanted to point out that demo trading is less important because of which there is no loss or gain emotionally. But if that is the original money, then emotionally it can be a bit of a problem.

NathanJr
Mar 16 2021 at 14:11
16 postów
The demo account is the first tool used by a beginner to trade on live market using demo capitals and risk-free to understand how the live market works.

PeteLanceley
Mar 16 2021 at 15:31
62 postów
Yep demo is the best place to start. But the real emotions start when trade live.

Tradelist45
Mar 22 2021 at 06:08
176 postów
right now i am with demo account and practicing price action , it supports me to see the performance how it works .

Mohammadi
Mar 22 2021 at 06:23
886 postów
practice is important and for that demo is a good choice , but i dont like this, i always try to maintain live account with minor balance . its supportive to acquire live knowledge and experience.

lovefortrading (perryjohn765)
Mar 22 2021 at 07:50
238 postów
Yes, the demo account can actually make you the master. it all depends on the level of seriousness.

georgequayle
Mar 26 2021 at 11:49
30 postów
Michihito posted:
The demo account is the master place for a beginner to acquire all basic fundamental information which is very supportive to continue a live account in a proper way. But practically most of the beginners don’t believe the importance of this trading place at all. In my trading career, I use all my trading strategies in demo trading to see the performance how it works.

you have to demo every strategy

LukeRachel
Mar 27 2021 at 01:03
453 postów
Demo trading can transform you from a normal trader to a professional trader. A perfect platform for gaining experience. A profitable strategy can be developed on that platform.

CraigMcG2020
Mar 27 2021 at 14:32
190 postów
Yes i agree completely. It is perfect for trialling a strategy and for working on entries. You will need to go live to help with psychology though

allenaguilar
Apr 05 2021 at 10:50
15 postów
That is a good strategy if you ask me, and I see no harm in testing your trades before going live. I trust demos as well.

SteveHanks
Apr 05 2021 at 11:03
525 postów
LukeRachel posted:
Demo trading can transform you from a normal trader to a professional trader. A perfect platform for gaining experience. A profitable strategy can be developed on that platform.

Yes. a demo can be the good option to learn and practice trading.

Akasuki
Apr 06 2021 at 10:27
441 postów
Yes demo trading is important. We can't try a strategy directly into live account because we do not know how it will work for us. So it's safe to try any strategy on demo first.

brianna
Apr 07 2021 at 06:17
26 postów
Demos are mostly for practising and learning about the market and how it actually works. There is no real money involved so there is no risk with them.

Mohammadi
Apr 07 2021 at 06:26
886 postów
i always try to support micro account which is always supportive to bring live knowledge and experience.

Tremblay
May 20 2021 at 17:59
330 postów
brianna posted:
Demos are mostly for practising and learning about the market and how it actually works. There is no real money involved so there is no risk with them.

The demo is the best option to learn forex perfectly.

Fx_howie
May 21 2021 at 03:27
30 postów
Demo account is really helpful for both new and old traders.

RobSchiz
Sep 08 2021 at 09:19
530 postów
Fx_howie posted:
Demo account is really helpful for both new and old traders.

Demo account is the best place to practice as a newbie.

Unellene
Sep 08 2021 at 12:15
283 postów
and not only for beginners, even experienced traders can test a lot on the demo

RobertFerrari
Oct 26 2021 at 19:01
305 postów
Unellene posted:
and not only for beginners, even experienced traders can test a lot on the demo

Yes. A demo is the best platform to learn forex properly.

Willowerno
Nov 01 2021 at 05:31
22 postów
New traders who do not practise demo trading are doomed to fail. Although demo trading is not exactly the same as real trading, it does prepare traders with good trading skills and strategies.

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