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To Demo or not to Demo

marshallbuchanan
Jun 19 at 07:40
15 inlägg
Demo trading is recommended until you are well-versed with a platform. But when you get a fair idea, move to micro accounts. They are better to check your capability and trading skills while risking small amounts.

RobSchiz
Jun 19 at 16:42
465 inlägg
marshallbuchanan posted:
Demo trading is recommended until you are well-versed with a platform. But when you get a fair idea, move to micro accounts. They are better to check your capability and trading skills while risking small amounts.

Yes. Demo is the best option to learn forex perfectly.

Imamul
Jun 21 at 07:43
624 inlägg
demo is really important there is no way to ignore , but demo can be useless if there is no focus and discipline.

Tremblay
Jun 23 at 17:49
330 inlägg
Imamul posted:
demo is really important there is no way to ignore , but demo can be useless if there is no focus and discipline.

A demo is the best option to learn forex perfectly.

tediousbissa
Jun 24 at 06:45
18 inlägg
If you are not yet sure with your forex skills to make profits, a demo account is your best place to groom your skills with zero risks. Learn forex trading by doing it with virtual cash and real market data.

Redworm
Jun 26 at 19:45
8 inlägg
I partly agree with the opinion expressed in this post.
I totally agree that it is next to impossible to experience psychological side of trading on demo account. Psychology plays crucial role in everything which is related to money and trading is not an exception. The surge of greed, fear is unlikely to happen when you don't risk anything.
However, I do see fit in using a demo account in order to test some new trading strategies. Surely, you should backtest the strategy but in addition to it, you need to be sure that it works well in current situation. Market is a fastly developing thing and many strategies that used to work in the past, don't bring any profit today.
More than that, I also encourage to use a demo account to get used to trading platform. It gets on my nerves when I try to open a trade but I need to spend time on finding the right button to do this or that thing.

WaltonCharles
Jun 27 at 11:53
128 inlägg
To become successful in this market, you need proper knowledge and skills.

AliaDare
Jun 27 at 14:39
694 inlägg
marshallbuchanan posted:
Demo trading is recommended until you are well-versed with a platform. But when you get a fair idea, move to micro accounts. They are better to check your capability and trading skills while risking small amounts.

Very good. How well I fit depends on my trading practice. That's why I should use the demo platform.

brownrice
Jun 28 at 11:12
9 inlägg
Tremblay posted:
Imamul posted:
demo is really important there is no way to ignore , but demo can be useless if there is no focus and discipline.

A demo is the best option to learn forex perfectly.


Best comment here. End thread

AurelieFrancis
Jun 28 at 16:10
31 inlägg
If you are a beginner, then demo trading is a must, it helps in understanding the broker's platforms and gaining knowledge about live markets.

When I was a beginner, I use an ASIC broker FP Markets demo account to practice live trades and build strategies. Several brokers offer demo account with ebooks and video tutorials to help beginners.

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