Demo trading

Apr 05, 2018 at 06:27
Przeglądane 8,734
186 Replies
Uczestnik z Dec 09, 2019   60 postów
Apr 29, 2020 at 04:25
Draggyr posted:
I also used the demo in the beginning to become a little familiar with trading and see how it all works and if I like it before making a deposit to my account. It sounds like a very useful thing to me and I'm very glad that we are given the opportunity to 'test' a broker before deciding whether it's worth your time and your money at all.
It's also very smart to use demo account to test your trading systems. I'll now do the same, it'll probably help me very much to advance and not be afraid to take risks with real money.

Very good. It is not about being afraid to take risks as you know bigger risks = bigger pay off...it has more to do with not letting your account get wiped out.
Uczestnik z Apr 28, 2020   52 postów
Apr 29, 2020 at 07:42
PeteLanceley posted:
Demo trading can be good for testing out strategies, but you are never linked to the emotion of losing money. I would always recommend when you are confident to deposit a small amount and do tiny lot sizes. That way you can learn risk management, and accept losses/wins.

Right. since your emotions aren't involved in demo trading, making profits doesn't seem a big deal. Its only when you start live account trading that you realize that its much different than demo trading.
Uczestnik z Mar 27, 2020   9 postów
Apr 29, 2020 at 11:29
There is an emotional difference but not a technical one. Demo is still best place to start
Uczestnik z Aug 27, 2017   994 postów
May 18, 2020 at 19:06
testing in demo account is more appropriate and perfect decision but successful trader is an another part. its a long term process. be focused on practice.
Uczestnik z Aug 27, 2017   994 postów
May 21, 2020 at 18:02
i am doing demo right now , importance is your own issue , its an inevitable part of trading before real account . thats why i am here.  
Uczestnik z Aug 11, 2017   886 postów
Jun 04, 2020 at 14:10
demo is the best place to see leverage performance , before live traders should use high leverage in demo., it always supportive to avoid risk when live.
Uczestnik z Apr 15, 2020   83 postów
Jun 07, 2020 at 05:49
Of course, trading on a demo account is not bad, but really interesting
Uczestnik z Jun 05, 2020   33 postów
Jun 09, 2020 at 10:41
Dorigda posted:
Of course, trading on a demo account is not bad, but really interesting
It is good for practice, one can know the basics well with a demo account
Uczestnik z Jun 08, 2020   44 postów
Jun 09, 2020 at 12:16
Is it me or does anyone feel that trading in Demo for a long time is boring and wants you to start trading live but not sure if your ready to go live ?
Uczestnik z Jan 03, 2018   162 postów
Jun 09, 2020 at 13:26
time to devepopp manual trading skilks
nick123427@
Uczestnik z Feb 22, 2011   4862 postów
Jun 09, 2020 at 13:56
Ebin posted:
Is it me or does anyone feel that trading in Demo for a long time is boring and wants you to start trading live but not sure if your ready to go live ?

Years ago, that was exactlly my dilema.
Demo trading for years had great results.
Friend of mine told me why don't you trade your strategies live?
So I took loan from the bank and started live.
I was able to repay that loan very first year :) But nowadays I wouldn't risk so much.
Uczestnik z Jun 09, 2020   14 postów
Jun 17, 2020 at 17:05
Demo account is the mirror image of a live account. For beginners in forex trading, demo trading is the best as it will help the traders to learn how to trade and have some practical experience of trading. Before risking your own capital, you must have experience in it. Demo trading will also help you to see what all brokers offer in terms of spreads, leverage, trade execution speed and bonus, if any. Further, if you like the offerings of the broker you can continue to go live with that broker and try your trading plans and strategies over there with your real money.
Uczestnik z May 14, 2020   7 postów
Jun 25, 2020 at 11:32
For a new trader, Demo account is a good way to practice and learn. Practice as much as you can, once you are confident enough, you can move to live trading.
Uczestnik z Jun 26, 2020   3 postów
Jun 26, 2020 at 06:22
Hi to all,

i'm a newbie here and in this industry, so apologies if this seems a stupid question😄

Read a lot that demo trading is something different than real trading, even if you use the same broker, platform, trading with the same leverage and so on.

Is it true or not?
Uczestnik z May 06, 2020   6 postów
Jun 26, 2020 at 07:16
Mohammadi posted:
The demo account is really important for all kinds of traders in particularly the newcomers. in my trading career, after passing a long time I still depend on demo account for some inevitable reason, I use all my trading strategies first of all in demo account to see the performance how it works. this approach always helps me for avoid risk in live account when trading practically. What is your experience in demo ?
When I started trading I used demo account for 2 months to undertsand the strategy and techniques.
Uczestnik z Jun 30, 2020   90 postów
Jun 30, 2020 at 08:51
Some underestimate the demo account, but it really helps a lot.
Uczestnik z Jul 20, 2020   232 postów
Sep 02, 2020 at 18:59
Demo trading is very effective for the new traders to learn forex properly and perfectly. They can learn forex practically without any investment.
Uczestnik z Jul 23, 2020   759 postów
Jul 09, 2021 at 10:20
The demo account is the best to improve your trading skill and it's free.

Uczestnik z Mar 28, 2021   617 postów
Dec 27, 2021 at 05:50
If an aspiring trader cannot maintain the same discipline on demo that is required to trade and make money on a live account, then he/she is a failure waiting to happen
Uczestnik z Jul 23, 2020   869 postów
Dec 28, 2021 at 16:02
The demo trading account works just like a real trading account. The difference is that you don't have the actual funds when trading with a demo account.
You must be connected to Myfxbook in order to leave a comment
*Komercyjne wykorzystanie i spam są nieprawidłowe i mogą spowodować zamknięcie konta.
Wskazówka: opublikowanie adresu URL obrazu / YouTube automatycznie wstawi go do twojego postu!
Wskazówka: wpisz znak@, aby automatycznie wypełnić nazwę użytkownika uczestniczącego w tej dyskusji.