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Is demo trading enough before real account?
Členom od Jun 22, 2020
69 príspevkov
Oct 29, 2020 at 11:15
Kazile posted:
Demo account, of course, is important before real trading, but do not forget that you must have your own strategy and trading plan.
Absolutely. I strongly believe in having a solid trading plan.
Členom od Nov 03, 2020
63 príspevkov
Nov 03, 2020 at 14:25
After some practice on a demo account, it becomes much easier to trade on a live account
Členom od Apr 15, 2020
77 príspevkov
Nov 04, 2020 at 12:54
Do not underestimate the demo account, with the help of it you can really prepare mentally and practically, and this is important.
Členom od Apr 09, 2018
37 príspevkov
Nov 04, 2020 at 15:03
If you can't post a consistent profit on demo there is no way you will do it live. Just because you post a consistent profit on demo doesn't mean you can do it live. Demo is where to start, but transition from demo to live is just as hard if not harder than posting consistent profits on demo. Live trading changes a lot of things.
Členom od Aug 09, 2017
598 príspevkov
Nov 05, 2020 at 08:35
sometimes really a bad joke but its a master place for beginners as first stage of trading.
Členom od Nov 02, 2020
32 príspevkov
Nov 05, 2020 at 11:27
I think it is enough.
Členom od May 06, 2020
9 príspevkov
Nov 05, 2020 at 11:39
Demo is necessary but not sufficient before going live. You need to educate yourself as well before going live. Risk management in particular is important when using real cash
Členom od Nov 02, 2020
31 príspevkov
Nov 06, 2020 at 06:25
Yes demo is important before one goes live. However one must practice for a good time before they go live.
Členom od Nov 19, 2020
4 príspevkov
Nov 23, 2020 at 10:58
Demo trading is very important. Other than that, you can read trading books or watch some youtube channels.
Členom od Aug 07, 2020
71 príspevkov
Feb 26, 2021 at 09:39
On a demo account, we are already using in practice everything that we learned earlier.
Členom od Nov 05, 2020
49 príspevkov
Mar 12, 2021 at 06:45
I personally think that many people underestimate the demo - account, it provides a lot of opportunities.
Členom od Feb 16, 2021
29 príspevkov
Mar 22, 2021 at 07:13
During practice on a demo account, you have the opportunity to try all your theoretical knowledge in practice.
Členom od Mar 17, 2021
494 príspevkov
Mar 30, 2021 at 09:20
Tiffany07 posted:
Yes demo is important before one goes live. However one must practice for a good time before they go live.
You are right. Every new trader should practice on a demo before going live.
Členom od Nov 02, 2020
52 príspevkov
Apr 05, 2021 at 09:53
When starting practice on a demo account, do not forget that you must continue learning.
Členom od Jan 14, 2021
47 príspevkov
Apr 06, 2021 at 15:21
Demo trading will give new traders the experience of live trading and lets traders familiarize themselves with the software platforms.
Členom od Jul 23, 2020
816 príspevkov
Apr 06, 2021 at 17:54
Demo trading is not enough in term of trading psychology. Traders also need real trading.
Členom od Oct 20, 2020
45 príspevkov
Apr 10, 2021 at 11:47
Demo trading is important, but no its is not enough. Forex is a huge market, and it keeps on developing, which is why traders keep learning new strategy and skills to earn profit in real account.
Členom od Jul 19, 2020
749 príspevkov
May 11, 2021 at 05:08
Demo isn't only for random trading. Demo is to practice what you've learned. Find out candlestick first. Then practice what you've learned.
Členom od Nov 03, 2020
63 príspevkov
May 11, 2021 at 08:30
In fact, practicing on a demo account can give you a good enough foundation, everything and experience to switch to a real account.
Členom od Apr 02, 2020
34 príspevkov
May 13, 2021 at 15:54
The demo trading is a helpful tool to learn about live forex trades, but it also requires knowledge, focus, strategy and risk-taking skills to enter live trading because demo is risk-free. It can only give you a risk-free practical experience, but real emotions and risks are involved when trading live.
