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ScottyCarsonMVP
Apr 05 2019 at 11:29
54 комментариев
tracydavison posted:
I am on demo and plan on staying there for a while lol. how long do you guys recommend?


Everyone is different so just when you feel you are ready to make consistent profits

ScottyCarsonMVP
Apr 05 2019 at 11:30
54 комментариев
dWaverFX posted:
Amadi posted:
There are two kinds of traders, those that use demo and learn how to trade, and those that start on a live account and expect to be millionaires at the end of the week . Which ones do you think are more likely to make any money!!! Demo is critical as is discipline



Is that a trick question?😁
Obviously, the guy on the live account has more chances to make money. The guy on the demo account will never make any money because demo money is not acceptable anywhere, it is not a currency, for your information you cannot even cash it. You better wake up and smell the coffee and go live. Another option start your own cryptocurrency and name it demo money, it may work. 😁
Once, I saw a guy at the bank with a stack of Canadian Tire money trying to redeem it. Unfortunately, the teller had to tell him the truth and snap him out of coma. Embarrassing.


hahaha well said

ScottyCarsonMVP
Apr 05 2019 at 11:32
54 комментариев
Amadi posted:
There are two kinds of traders, those that use demo and learn how to trade, and those that start on a live account and expect to be millionaires at the end of the week . Which ones do you think are more likely to make any money!!! Demo is critical as is discipline


Haha very true

Adam Cantor (AdamCantor)
Apr 07 2019 at 05:47
98 комментариев
ScottyCarsonMVP posted:
dWaverFX posted:
Amadi posted:
There are two kinds of traders, those that use demo and learn how to trade, and those that start on a live account and expect to be millionaires at the end of the week . Which ones do you think are more likely to make any money!!! Demo is critical as is discipline



Is that a trick question?😁
Obviously, the guy on the live account has more chances to make money. The guy on the demo account will never make any money because demo money is not acceptable anywhere, it is not a currency, for your information you cannot even cash it. You better wake up and smell the coffee and go live. Another option start your own cryptocurrency and name it demo money, it may work. 😁
Once, I saw a guy at the bank with a stack of Canadian Tire money trying to redeem it. Unfortunately, the teller had to tell him the truth and snap him out of coma. Embarrassing.


hahaha well said


 
this is so true. demos are there for a very good reason. I myself used a demos only for well over a year before i even considered which broker i wanted for a live account. and i am glad i took the time and dedication, else i would have been in a bad way for sure.

Taron (Bizinvestor01)
Apr 07 2019 at 06:50
8 комментариев
AdrianG posted:
While using the demo account, you would be doing a lot of trades and learning many things about the forex trading. You need to keep a record of all your trades as well as note down all the reasons behind them. You should also make notes on the fundamentals and technical analysis. This practice will help you understand how good your strategy is; identify your mistakes and weaknesses etc.

Regards,
Adrian Gates
.

Nice one. I agree. Similar to my Techqiue

Imamul
Apr 12 2019 at 12:12
615 комментариев
As a master place to practice Forex trading in a proper way there is no alternative way to trade demo account. But practically we don’t believe the importance of this trading place especially the beginners. As a result we are becoming loser due to lack of exact market principle.

Roberto21
May 15 2019 at 11:25
364 комментариев
As per me demo account is like trainer or teacher we help in understanding hoe trading is done , helps to learn building strategy , practicing lot and all this without having loss of single penny.

momo3HC
May 19 2019 at 09:59
192 комментариев
Mohammadi posted:
The demo account is really important for all kinds of traders in particularly the newcomers. in my trading career, after passing a long time I still depend on demo account for some inevitable reason, I use all my trading strategies first of all in demo account to see the performance how it works. this approach always helps me for avoid risk in live account when trading practically. What is your experience in demo ?

Good experience. I think the same way. Every new strategy or etc MUST be tried on demo first.

momo3HC
Jun 02 2019 at 12:00
192 комментариев
Mohammadi posted:
The demo account is really important for all kinds of traders in particularly the newcomers. in my trading career, after passing a long time I still depend on demo account for some inevitable reason, I use all my trading strategies first of all in demo account to see the performance how it works. this approach always helps me for avoid risk in live account when trading practically. What is your experience in demo ?


That`s a solid advice. Same here.

Treeny
Jun 02 2019 at 14:12
155 комментариев
Unless you don't like money, every strategy should be thoroughly tested in demo mode

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