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Every newbie should practice
Uczestnik z Jul 19, 2020
298 postów
Mar 09, 2021 at 12:37
Uczestnik z Jul 19, 2020
298 postów
Every newbie should practice in their demo account. Demo trading is very much important for every newbie. Because you can know many thing from this. But many newbies think that Demo trading is really dull as they have to do this for a long time. Moreover they won't get any real money from this demo trading.
Uczestnik z Jul 19, 2020
751 postów
Mar 09, 2021 at 13:02
Uczestnik z Jul 19, 2020
751 postów
Yes practicing in demo is very beneficial. It is the place where we can develop our strategy and test our strategy without losing money.
Uczestnik z Jul 19, 2020
788 postów
Mar 09, 2021 at 14:13
Uczestnik z Jul 19, 2020
788 postów
Every trader needs to gain experience by practicing demo trading. If you can't create a strategy by trading demo, then it is not possible to trade at a profit.
Uczestnik z Jul 23, 2020
869 postów
Mar 09, 2021 at 17:44
Uczestnik z Jul 23, 2020
869 postów
True. Always start trading with a demo account. It is the best way to learn without losing money.
Uczestnik z Jul 23, 2020
759 postów
Mar 09, 2021 at 17:53
Uczestnik z Jul 23, 2020
759 postów
AliaDare posted:Traders need a profitable strategy in trading market. Demo account is the best place to build and improve a trading strategy.
Every trader needs to gain experience by practicing demo trading. If you can't create a strategy by trading demo, then it is not possible to trade at a profit.
Uczestnik z Dec 28, 2020
187 postów
Mar 10, 2021 at 08:23
Uczestnik z Dec 28, 2020
187 postów
Yes after a point you feel bored with demo trading because you don’t earn anything. This is why now I have started live trading with micro lots and also trade on a demo account to test my strategies.
Uczestnik z Sep 07, 2020
63 postów
Mar 10, 2021 at 10:25
Uczestnik z Sep 07, 2020
63 postów
Sarjohn posted:Going good mate. Demo trading is good for backtesting and initial familiarity but eventually, its live trading that tells how you're doing. When real money is involved, the scenario is different, so starting with a small amount is a wise decision for few months of demo.
Yes after a point you feel bored with demo trading because you don’t earn anything. This is why now I have started live trading with micro lots and also trade on a demo account to test my strategies.
Uczestnik z Dec 28, 2020
187 postów
Mar 11, 2021 at 11:39
Uczestnik z Dec 28, 2020
187 postów
radioactive posted:Yes and till now I am in profit not so much but still gaining profit. How are you going?Sarjohn posted:Going good mate. Demo trading is good for backtesting and initial familiarity but eventually, its live trading that tells how you're doing. When real money is involved, the scenario is different, so starting with a small amount is a wise decision for few months of demo.
Yes after a point you feel bored with demo trading because you don’t earn anything. This is why now I have started live trading with micro lots and also trade on a demo account to test my strategies.
Mar 11, 2021 at 13:35
Uczestnik z Oct 11, 2012
18 postów
In real life, no one open shop by playing monopoly first.
Or being the best in monopoly doesn't mean success with real business.
Forex is a business, so why treat it differently with others?
You just do it with real money. Gain experiences. Learn, do your homeworks, follow real traders, and then start from small. Losing is part of the game. You won't get that feeling from demo account.
Demo account is only for backtesting NEW strategy, manual or automatic.
Or being the best in monopoly doesn't mean success with real business.
Forex is a business, so why treat it differently with others?
You just do it with real money. Gain experiences. Learn, do your homeworks, follow real traders, and then start from small. Losing is part of the game. You won't get that feeling from demo account.
Demo account is only for backtesting NEW strategy, manual or automatic.
Low Profile High Profit
Uczestnik z Jun 26, 2020
327 postów
Mar 12, 2021 at 05:48
Uczestnik z Jun 26, 2020
327 postów
without practice any level of trading can be useless , so we the traders first of all have to make sure real practice session.
Uczestnik z Aug 11, 2017
886 postów
Mar 12, 2021 at 06:14
Uczestnik z Aug 11, 2017
886 postów
Greed and emotions almost same. Generally beginners attacked by this common human nature. We can control this by proper trading practice as well great discipline.
Uczestnik z Jul 19, 2020
298 postów
Mar 13, 2021 at 12:42
Uczestnik z Jul 19, 2020
298 postów
Newbie should avoid scalping as it can ruin their trading psychology. Most traders develop overtrading habit by doing scalping in their early trading life. Then they struggle to change that habit.
Uczestnik z Mar 13, 2018
13 postów
Uczestnik z Jul 19, 2020
788 postów
Mar 16, 2021 at 01:02
Uczestnik z Jul 19, 2020
788 postów
SofieAndreasen posted:Yes, why waste money on unnecessary education. Since the broker is allowing me to do demo trading, I can develop a strategy from it without spending any money.AliaDare posted:Traders need a profitable strategy in trading market. Demo account is the best place to build and improve a trading strategy.
Every trader needs to gain experience by practicing demo trading. If you can't create a strategy by trading demo, then it is not possible to trade at a profit.
Uczestnik z Nov 06, 2018
83 postów
Uczestnik z Apr 25, 2020
119 postów
Mar 22, 2021 at 14:40
Uczestnik z Apr 25, 2020
119 postów
Practice, practice again and practice again - this is what should be constantly.
Uczestnik z Jan 05, 2021
11 postów
Uczestnik z Jun 26, 2020
327 postów
Apr 02, 2021 at 05:24
Uczestnik z Jun 26, 2020
327 postów
i always try to keep practice in demo or live , because i know very well only this practice issue can keep my trading result well. in Forex trading there is no way to stop practicing in spite of having good knowledge and experience.
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