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Newcomers and demo trading
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LyudmilLukanov

Пользователь с Jul 23, 2020  117 сообщений LyudmilLukanov Sep 27 at 12:03
ElliotCooke posted:
Every new trader should practice first at the demo account before entering into the live account. The demo account will help them to learn all the basics of forex perfectly.

I agree. However, Trader lack emotion in demo account due to virtual money. They feel real emotion in live trading and make mistake because of that.

Calacti

Пользователь с Jun 17, 2020  27 сообщений Calacti Oct 14 at 11:19
Demo accounts are good only to get a feel of the trading environment. Real money can only give real experience.

Lycineandrew

Пользователь с Jun 30, 2020  16 сообщений Lycineandrew Oct 15 at 05:14
If you are a newcomer in the world of trading, you must begin with a demo account. You can practise with a demo account and later switch to a real account.

Ezereombre

Пользователь с Jul 01, 2020  25 сообщений Ezereombre Oct 19 at 12:39
Cannot agree more. Demos are absolute essential!

UweMoench

Пользователь с Jul 19, 2020  149 сообщений UweMoench Oct 20 at 04:21
@Ezereombre yes demo is absolutely essential but need to use in a proper way. We can't take 1000000 balance and trade. We have to treat demo like real account. Take balance 200$ to 600$ and learn risk management.

Andronn

Пользователь с Jun 30, 2020  43 сообщений Andronn Oct 20 at 05:08
You say absolutely correctly, on a demo account you need to use the amount that will initially be on a real account.

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USDJPY 104.254 USDCAD 1.3007

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