Is demo trading enough before real account?
vontogr
(togr)
Пользователь с Feb 22, 2011
4862 сообщений
Aug 23 2018 at 10:56
What else than demo trading you can do prior real trading, enlighten us?
Aleixo1
Пользователь с Jun 07, 2017
12 сообщений
Aug 23 2018 at 11:02
I was on demo for 1 year but I think that was too long. 6 month si probably better then start on a micro live account
BookHog
Пользователь с Aug 23, 2018
9 сообщений
Aug 24 2018 at 05:56
I went for 3 months on demo and it was not long enough. I thought I knew what I was doing but as soon as I went 'live' everything went out the window
jamesgwyther
Пользователь с Aug 05, 2017
289 сообщений
Aug 24 2018 at 06:11
demo demo demo then demo some more
Kurt
(KurtSung)
Пользователь с Aug 21, 2018
12 сообщений
Aug 24 2018 at 07:07
Demo trading is a good choice for your experimental strategies or developing and observing your own patterns. However, it would have a hard time trading with real account because the numbers inside mean your money. Then emotions come to your mind and make you hesitate.
Overall, it's good to use demo account to practice.
Overall, it's good to use demo account to practice.
Discipline rules, not emotions.
jamesgwyther
Пользователь с Aug 05, 2017
289 сообщений
Aug 24 2018 at 09:28
KurtSung posted:
Demo trading is a good choice for your experimental strategies or developing and observing your own patterns. However, it would have a hard time trading with real account because the numbers inside mean your money. Then emotions come to your mind and make you hesitate.
Overall, it's good to use demo account to practice.
Demo trading is vital but yes I agree that it does not prepare you mentally.
diane2000_trader
Пользователь с Aug 29, 2018
6 сообщений
Aug 29 2018 at 08:56
KurtSung posted:True. You tend to react differently on live accounts,, especially inn the beginning. Of course that does not discount the importance of demo accounts. They have proven to be quite beneficial for my trading, as with everyone.
Demo trading is a good choice for your experimental strategies or developing and observing your own patterns. However, it would have a hard time trading with real account because the numbers inside mean your money. Then emotions come to your mind and make you hesitate.
Overall, it's good to use demo account to practice.
Dandelion
Пользователь с Jun 19, 2018
10 сообщений
Aug 29 2018 at 11:57
trading a small live account with 0.01 lot is a good way to go. I did that for a few months after demo and really helped me
willtradr
Пользователь с Jul 09, 2019
25 сообщений
Jul 19 2019 at 09:38
Demo Trading is an invaluable tool for both newbies and experienced traders as it is good to test strategies or methods. If you feel that demo trading is not enough so may be you can try to read some books and seek some adviser's help who will train and teach you about the market trends and movement.