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Importance of demo trading
Uczestnik z Jun 22, 2020
69 postów
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
Uczestnik z Aug 09, 2017
598 postów
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.
Uczestnik z Apr 15, 2020
187 postów
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.
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.
Uczestnik z Jul 20, 2020
278 postów
Dec 23, 2020 at 19:41
Brel posted:
Every newbie should start with demo trading imo.
Directly beginning with live account can be risky.
Yes. I completely agree with you. A demo account is the best way to learn and practice forex trading.
Uczestnik z Jul 20, 2020
286 postów
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.
Uczestnik z Jul 19, 2020
742 postów
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.
Uczestnik z Jan 11, 2019
140 postów
Jan 02, 2021 at 08:42
According to me, the experience of trading on demo and live account is totally different.
Uczestnik z Jul 19, 2020
742 postów
Jan 04, 2021 at 01:20
Demo trading is one of the means to gain knowledge. The strategy should be developed by demo trading.
Uczestnik z Aug 11, 2017
870 postów
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.
Uczestnik z Sep 12, 2017
232 postów
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.
Jan 06, 2021 at 06:31
(edytowane Jan 06, 2021 at 06:31)
Malajind posted:
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.
Definitely its gives you an insight into the forex trading platform and you can definitely share strategies.
