Michihito posted:You are right on this note. I believe demo trading is a great option, which is a wonderful gift for the traders. We often ignore to deal with demo trading accordingly. If a trader trades on demo account to learn the ropes of this market, he should be able to be a good trader with very minimum damage.
The demo account is the master place for a beginner to acquire all basic fundamental information which is very supportive to continue a live account in a proper way. But practically most of the beginners don’t believe the importance of this trading place at all. In my trading career, I use all my trading strategies in demo trading to see the performance how it works.
RobSchiz posted:Yes, demo is the best place for a newbie to practice. However, I believe it is good option for an experienced trader as well. An experienced trader can test his new strategy on a demo account without having any loss, stress, tension.Fx_howie posted:Demo account is the best place to practice as a newbie.
Demo account is really helpful for both new and old traders.
I will still take trades on a demo account after taking a live trade the same day. If I don't 'need' to trade live then I will do so on demo if only to build confirmation in my strategy. The demo trades will still get added to my journal as well.
If you can't spot the liquidity then you are the liquidity.
menorah111会员从Nov 01, 2021开始 9帖子
Nov 01 2021 at 13:23
demo is the best way for testing new strategies and seeing what works and what does not