Faridah00
Členom od Oct 27, 2022
27 príspevkov
Nov 11 2022 at 11:57
A Demo account can clear the basis of trading and technicalities of platforms and make you train for live trading.
AbbasAliKhan08
Členom od Apr 19, 2022
76 príspevkov
Nov 14 2022 at 06:10
but traders dont trust the importance of demo account at all.
tigerron
Členom od Nov 08, 2022
26 príspevkov
Nov 17 2022 at 07:49
Demo accounts are only useful for learning because they are essential for developing confidence by giving you an understanding of how the market functions. But in real the true experience comes from live trading only.
Flammeous
Členom od Oct 03, 2022
8 príspevkov
Nov 18 2022 at 10:36
Beginner traders must understand the importance of a demo account, but they do not understand that and lose. They can use it to trade and gain experience. But they are often running after big money instead of gaining knowledge and experience first, and that only brings losses.
Lerato_12
Členom od Nov 16, 2022
20 príspevkov
Nov 19 2022 at 09:53
Flammeous posted:
Beginner traders must understand the importance of a demo account, but they do not understand that and lose. They can use it to trade and gain experience. But they are often running after big money instead of gaining knowledge and experience first, and that only brings losses.
Well said!
Louren
Členom od Jul 04, 2022
25 príspevkov
Nov 28 2022 at 13:04
Demos can help beginners understand the basis of trading and the technicalities of platforms.
Trading in real time with a small capital and real risk can only make a trader more experienced.
Trading in real time with a small capital and real risk can only make a trader more experienced.
FredJones
Členom od Aug 23, 2021
49 príspevkov
Dec 15 2022 at 13:33
It is true that a demo cannot make you well experienced, but it can help you build various strategies and skills without taking any real risks.
Commonition
Členom od Mar 17, 2022
47 príspevkov
Dec 16 2022 at 06:21
Unless real money is involved, a trader will not feel the anxiety, fear, nervousness, greed, or anger that comes while trading.
Gewgaw
Členom od Jan 21, 2022
57 príspevkov
Dec 19 2022 at 07:59
FredJones posted:That’s the only reason demo accounts are worth it. Without taking on any real risks, backtesting and strategising is one way to give s newbie time to understand what they should be expecting from the process.
It is true that a demo cannot make you well experienced, but it can help you build various strategies and skills without taking any real risks.
jambeau
Členom od Mar 11, 2022
51 príspevkov
Dec 19 2022 at 08:18
FredJones posted:I agree. Demo accounts can only help you familiarise with the market but can never give you the real taste of trading. You don't have any stake in the outcome when you trade on a demo account. No danger, no feeling, and no true repercussions. Contrarily, live trading is dangerous and complicated. You run the risk of blowing your account and losing what you have.
It is true that a demo cannot make you well experienced, but it can help you build various strategies and skills without taking any real risks.
Vomitoryy
Členom od Mar 24, 2022
56 príspevkov
Dec 23 2022 at 11:43
Both live and demo trading have their own pros and cons. The real sense of trading can be felt only on a live account, but a demo account is crucial because it helps you understand how the market works without losing.
davesper
Členom od Sep 18, 2022
133 príspevkov
Dec 26 2022 at 09:12
In fact, it is worth understanding that a demo account prepares a trader for work, but the working conditions are not entirely real. For this reason, you need to understand that I would not recommend relying on a demo account.
binarysumo22
Členom od Nov 29, 2022
40 príspevkov
Dec 29 2022 at 05:57
It is true that demo trading can be a useful tool for new traders to gain experience and for experienced traders to test out new strategies. However, it is not perfect ; demo trading does not fully replicate the real trading environment and psychology plays a big role in live trading, which is missing in demo trading, so it is important for traders to be aware of this limitation and to be cautious when transitioning to live trading.
Salsitude
Členom od Mar 21, 2022
47 príspevkov
Dec 29 2022 at 08:27
It is true that demo trading and live trading are not the same things. However, it is also true that demo trading can help you gain confidence as a trader. It enables traders to learn about the market and trading from the ground up, and it actually allows a novice trader to gain trading experience.
KAnthony
Členom od Jul 06, 2022
90 príspevkov
Dec 30 2022 at 16:40
hi all. i'm newbie and maybe dont know much. but i prefer think demo can give base knowledge and training skills. yes for great experience need real one. but demo is good for me still. i've used it few months already. it helps a lot.
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