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Is demo trading enough before real account?
Uczestnik z Jun 22, 2020
69 postów
Oct 29, 2020 at 11:15
Kazile posted:
Demo account, of course, is important before real trading, but do not forget that you must have your own strategy and trading plan.
Absolutely. I strongly believe in having a solid trading plan.
Uczestnik z Nov 03, 2020
63 postów
Nov 03, 2020 at 14:25
After some practice on a demo account, it becomes much easier to trade on a live account
Uczestnik z Apr 09, 2018
37 postów
Nov 04, 2020 at 15:03
If you can't post a consistent profit on demo there is no way you will do it live. Just because you post a consistent profit on demo doesn't mean you can do it live. Demo is where to start, but transition from demo to live is just as hard if not harder than posting consistent profits on demo. Live trading changes a lot of things.
Uczestnik z Aug 09, 2017
598 postów
Nov 05, 2020 at 08:35
sometimes really a bad joke but its a master place for beginners as first stage of trading.
Uczestnik z Mar 17, 2021
494 postów
Mar 30, 2021 at 09:20
Tiffany07 posted:
Yes demo is important before one goes live. However one must practice for a good time before they go live.
You are right. Every new trader should practice on a demo before going live.
Uczestnik z Jul 23, 2020
816 postów
Apr 06, 2021 at 17:54
Demo trading is not enough in term of trading psychology. Traders also need real trading.
Uczestnik z Jul 19, 2020
749 postów
May 11, 2021 at 05:08
Demo isn't only for random trading. Demo is to practice what you've learned. Find out candlestick first. Then practice what you've learned.
Uczestnik z Nov 03, 2020
63 postów
May 11, 2021 at 08:30
In fact, practicing on a demo account can give you a good enough foundation, everything and experience to switch to a real account.
May 13, 2021 at 15:54
The demo trading is a helpful tool to learn about live forex trades, but it also requires knowledge, focus, strategy and risk-taking skills to enter live trading because demo is risk-free. It can only give you a risk-free practical experience, but real emotions and risks are involved when trading live.
