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Newcomers and demo trading
Medlem sedan Aug 11, 2017
886 inlägg
Aug 22, 2020 at 04:55
Medlem sedan Aug 11, 2017
886 inlägg
live account can be beneficiary for acquiring real trading experience but first of all they have to finish basic level of trading, otherwise this approach will not work at all.
Medlem sedan Jul 23, 2020
869 inlägg
Sep 27, 2020 at 12:03
Medlem sedan Jul 23, 2020
869 inlägg
ElliotCooke posted:I agree. However, Trader lack emotion in demo account due to virtual money. They feel real emotion in live trading and make mistake because of that.
Every new trader should practice first at the demo account before entering into the live account. The demo account will help them to learn all the basics of forex perfectly.
Oct 14, 2020 at 11:19
Medlem sedan Jun 17, 2020
37 inlägg
Demo accounts are good only to get a feel of the trading environment. Real money can only give real experience.
Medlem sedan Jul 19, 2020
751 inlägg
Oct 20, 2020 at 04:21
Medlem sedan Jul 19, 2020
751 inlägg
@Ezereombre yes demo is absolutely essential but need to use in a proper way. We can't take 1000000 balance and trade. We have to treat demo like real account. Take balance 200$ to 600$ and learn risk management.
Oct 20, 2020 at 05:08
Medlem sedan Jun 30, 2020
90 inlägg
You say absolutely correctly, on a demo account you need to use the amount that will initially be on a real account.
Medlem sedan Jul 19, 2020
318 inlägg
Dec 12, 2020 at 09:43
Medlem sedan Jul 19, 2020
318 inlägg
A demo account is the best way to learn forex properly and perfectly. So, every new trader should practice on a demo account before investing their money in a real account.
Dec 22, 2020 at 07:45
Medlem sedan Oct 23, 2020
37 inlägg
Demo account becomes useless in such a case.
Medlem sedan Sep 12, 2017
238 inlägg
Dec 23, 2020 at 04:18
Medlem sedan Sep 12, 2017
238 inlägg
exactly. the beginner should always start with a demo. infact the experienced can trade on demo side by side to try new strategies
Dec 23, 2020 at 09:55
Medlem sedan Oct 23, 2020
37 inlägg
I think most brokers give demo accounts with real data, problem is only ours that we bring emotions in our real accounts.
Dec 24, 2020 at 08:17
Medlem sedan Dec 21, 2020
36 inlägg
Jakemark posted:And those emotions destroy the game of most traders.
I think most brokers give demo accounts with real data, problem is only ours that we bring emotions in our real accounts.
Medlem sedan Oct 13, 2020
34 inlägg
Dec 24, 2020 at 12:26
Medlem sedan Oct 13, 2020
34 inlägg
Demo trading is essential not only for new traders but also for experienced ones. If I am to give my own example, I started trading first demo accounts of etrade and ib, and after almost 5 months went live. This was about 2 years back. I am still using both demo and live accounts simultaneously for practicing my strategies on demo before applying them on the live account.
Medlem sedan Jul 23, 2020
869 inlägg
Dec 25, 2020 at 09:23
Medlem sedan Jul 23, 2020
869 inlägg
mitchelstrack posted:All brokers off demo account Exness is no different.
Does anybody know if Exness offers demo account.
Dec 26, 2020 at 13:06
Medlem sedan Nov 05, 2020
54 inlägg
A demo account is needed to immediately apply the knowledge gained in practice, but without the risk of losing money
Medlem sedan Oct 05, 2020
30 inlägg
Dec 26, 2020 at 15:02
Medlem sedan Oct 05, 2020
30 inlägg
inspirenez posted:What’s the criteria here for classifying these brokers as good?
In that case go for a broker that offers a demo account, it’s always important to test a broker before going live with them. There are so many decent ones to pick from: Forex com, Fxview, IG.
Medlem sedan Jul 20, 2020
298 inlägg
Dec 27, 2020 at 02:15
Medlem sedan Jul 20, 2020
298 inlägg
Demo trading is a must to gain trading experience. It is possible to create a strategy by trading a demo. Consistently profitable with that strategy.
Medlem sedan Jul 23, 2020
869 inlägg
Dec 27, 2020 at 04:20
Medlem sedan Jul 23, 2020
869 inlägg
inspirenez posted:I think all broker offer demo account. Trade should test the services in demo account before investing money.
In that case go for a broker that offers a demo account, it’s always important to test a broker before going live with them. There are so many decent ones to pick from: Forex com, Fxview, IG.
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