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Purpose of demo trading
Участник с Jun 15, 2021
15 комментариев
Jun 15, 2021 at 11:14
Участник с Jun 15, 2021
15 комментариев
The only purpose of demo trading is to give you an insight of trading platforms and conditions.
Участник с Apr 15, 2020
219 комментариев
Jun 16, 2021 at 04:10
Участник с Apr 15, 2020
219 комментариев
gradking posted:not just that, it helps you to practice trading and understand the basics of trading.. A newbie cannot just go live without understanding how things function.
The only purpose of demo trading is to give you an insight of trading platforms and conditions.
The more your practice, the more you learn.
Участник с Jun 15, 2021
10 комментариев
Jun 17, 2021 at 06:55
Участник с Jun 15, 2021
10 комментариев
I think demo trading is not only helpful for beginners but it also helps to experience traders in practising on trades without any risk.
Участник с Jun 15, 2021
13 комментариев
Jun 17, 2021 at 09:02
Участник с Jun 15, 2021
13 комментариев
Purpose of demo trading is to prepare the beginner how forex works, how prices moves and how it looks on the terminal. There is no real loss but can teach you many important aspects for forex trading.
Участник с Apr 02, 2020
39 комментариев
Jun 17, 2021 at 14:06
Участник с Apr 02, 2020
39 комментариев
I agree with orlandoGT instead of focusing on consistent profit. The best would be to focus on consistent trades because earning profits should not be the focus now for beginners; it should be on trading and learning much as possible.
Участник с Apr 02, 2020
39 комментариев
Jun 17, 2021 at 14:07
Участник с Apr 02, 2020
39 комментариев
The main purpose of demo trading is to learn about live forex trades and trade risk-free without investing capital.
Участник с Aug 11, 2017
886 комментариев
Jun 18, 2021 at 08:22
Участник с Aug 11, 2017
886 комментариев
demo is important for ensuring all basic knowledge but i dont like to trade in there , because there is no real money and we cant focus on there consistently , so i think micro account is the good solution,.
Участник с Jun 15, 2021
20 комментариев
Jun 18, 2021 at 08:42
Участник с Jun 15, 2021
20 комментариев
Mohammadi posted:Agreed buddy! Along with this, only live trading teaches us how to control our emotions while trading.
demo is important for ensuring all basic knowledge but i dont like to trade in there , because there is no real money and we cant focus on there consistently , so i think micro account is the good solution,.
Участник с Jun 15, 2021
15 комментариев
Jun 18, 2021 at 10:22
Участник с Jun 15, 2021
15 комментариев
ele020 posted:gradking posted:not just that, it helps you to practice trading and understand the basics of trading.. A newbie cannot just go live without understanding how things function.
The only purpose of demo trading is to give you an insight of trading platforms and conditions.
Yeah absolutely buddy, agree to it in addition.
Участник с Apr 15, 2020
219 комментариев
Jun 18, 2021 at 11:59
Участник с Apr 15, 2020
219 комментариев
gradking posted:Perfect! :)ele020 posted:gradking posted:not just that, it helps you to practice trading and understand the basics of trading.. A newbie cannot just go live without understanding how things function.
The only purpose of demo trading is to give you an insight of trading platforms and conditions.
Yeah absolutely buddy, agree to it in addition.
The more your practice, the more you learn.
Участник с Jun 16, 2021
9 комментариев
Jun 19, 2021 at 07:33
Участник с Jun 16, 2021
9 комментариев
I consider demo trading a great way to learn and get aware of the market which really helps out while making live trades.
Участник с Aug 27, 2017
994 комментариев
Jun 19, 2021 at 08:13
Участник с Aug 27, 2017
994 комментариев
according to me demo is important , but sometimes instead of demo there is need to start live account which is very supportive to make sure live knowledge and experience.
Участник с Apr 15, 2020
219 комментариев
Jun 21, 2021 at 07:11
Участник с Apr 15, 2020
219 комментариев
Adribaasmet posted:Once you begun to understand the basic concepts, you can gradually move to live with small capital.
according to me demo is important , but sometimes instead of demo there is need to start live account which is very supportive to make sure live knowledge and experience.
The more your practice, the more you learn.
Участник с Apr 04, 2020
38 комментариев
Jun 21, 2021 at 07:59
Участник с Apr 04, 2020
38 комментариев
Demo trading is very important for the new traders. When a newbie start trading with demo account, then he can get proper knowledge for real forex trading. So It's very important for newbie.
Участник с Feb 05, 2016
31 комментариев
Jun 22, 2021 at 06:09
Участник с Feb 05, 2016
31 комментариев
When trading on the demo, you can get experience in the real market. This is much better than testing strategies on history.
Участник с Mar 28, 2021
617 комментариев
Jun 27, 2021 at 10:09
Участник с Mar 28, 2021
617 комментариев
In demo account, we can test our strategy before applying it on live trading. It is not a good idea to use any strategy directly to a live account without any experiment.
Участник с Dec 11, 2020
18 комментариев
Jul 05, 2021 at 10:27
Участник с Dec 11, 2020
18 комментариев
From the day I started my trading journey, demo accounts played the most important part for my learning. I preferred these to test strategies before risking it with live trading.
Участник с Aug 11, 2019
21 комментариев
Oct 06, 2021 at 18:58
Участник с Aug 11, 2019
21 комментариев
The main purpose of demo trading is to dive a rookie into trading activity. Actually, this purpose is quite clear. It is created to teach new traders how to treat the market. Of course, there is no theory on demo, just practice, but lots of brokers nowadays provide you with special educational courses which are directed to teaching you theory of trading. Of course, you should dedicate enough time to it, however if your intentions are strong and you have really decided to connect your life with trading, then you must pass all the steps on your way to success and wealth. It's hard enough, but there are no other ways.
Участник с Aug 17, 2021
94 комментариев
Oct 09, 2021 at 18:40
Участник с Aug 17, 2021
94 комментариев
Demo accounts are used by stock trading platforms, foreign exchange trading venues, and commodities exchanges. Demo accounts are geared toward those who've always wanted to trade, but don't have enough money, have the money but don't know where to start, or are experienced traders who want to test new strategies.
Участник с Aug 05, 2021
401 комментариев
Oct 12, 2021 at 17:05
Участник с Aug 05, 2021
401 комментариев
I think demo accounts serve a great purpose and those that use them long enough and actually focus on strategies are much more prepared when they switch to a real account. It's true that you don't get the emotional aspect of trading from a demo, but that doesn't mean that one should skip over them.
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