Mar 12 at 04:16
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.
Mar 12 at 10:25
when looking for a broker we the traders, first of all, have to make sure which is regulated, actually the best broker always ensures the security of funds with a wide range of trading technologies.
Mar 12 at 10:53
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.
Mar 12 at 11:03
demo account can surely make you the master of trading.
Mar 13 at 01:27
Demo trading should be done first to develop skills. Demo trading helps a lot in gaining experience.
Mar 13 at 05:08
demo is really important for all kinds of trader even professional , but i have seen most of us always ignore this trading place.
Mar 13 at 06:25
We always advised by the senior traders and experts just for learning. but I think we the newcomers have to practice trading besides learning process. Demo account is more appropriate for them and as a learning Process newcomers can depend on Pips School.
Mar 15 at 10:41
As a newbie i am already doing demo trading but I don’t know how much time I should spend on demo trading
And after a point I feel it to be boring also.
And after a point I feel it to be boring also.
Mar 15 at 13:23
Demo is boring and that makes it unrealistic. A micro live account is best because the thought of losing real money keeps the attention
Mar 15 at 16:44
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.
If you trade with the original money, the fear of losing that money is in the minds. And when it comes to demo trading, it seems that there is no problem even if you don't lose the original money. I can't talk to anyone else I shared my experience.
