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Demo can not make you well experienced

Oct 01 2020 at 07:37
the result between demo and live is not same at all even though there is no technical change, its all about psychologies different , nothing without it. so i always avoid demo  

Oct 01 2020 at 09:48
I disagree with that I know that demo does not include real money so there is less risk involved but that does not mean trading on demo does not give you experience. It gives you the experience of trading in real look-alike conditions. The demo gives you the idea that how the market operates, how can we strategize and how can we become effective and efficient to face the live conditions of the market.

MarsGood1 (MarsGood1)
Oct 01 2020 at 11:48
Demo trading is needed more for people who have recently come to the market. To understand approximately how his trading principles work. After all, if an inexperienced person enters the market with real money, the chance that he will lose all his money is 100%. But this is only part of the training. Nothing can replace trading with real money.

Oct 02 2020 at 09:44
demo is a perfect place where we can see how the strategies work , i always use this approach in demo , and this helps me a lot in real account to avoid unfortunate risk and losses. 

Oct 03 2020 at 05:16
Demo trading will help you learn about the trading and many traders provide same market conditions as their live account. It is helpful but in live trading one needs to have a proper strategy.

Oct 04 2020 at 15:55
Yes, you're right. On the one hand, real trading and demo-trading are two different things. Real trading involves a lot of emotions, while demo trading is more like a game than real business.
Still, demo trading is a very important thing, especially if you have never traded. In general, I can compare trading with checkers. You don't have much time to think, so you have to make quick decisions. This can only be achieved with practice, when you study trading patterns and learn to react instantly.
A demo account allows you to learn how to trade and recognize trading patterns, so I think it's very important.

Oct 12 2020 at 08:25
It is a very good idea to start with a demo account so that you get to know how Forex works in the first place. A demo account will only help you form a basis for the real account. It will give you an insight into how the system works.

perryjohn765 (perryjohn765)
Oct 12 2020 at 09:01
UweMoench posted:
Demo can not make you well experienced. No matter how much profit you make with demo. The real test begins when you start to trade with real money. When you trade with real money you get emotionally attached to it. When we are attached to anything, we tend to make mistakes. Demo can only help you to know the trading platform and test your strategy.

I completely agree demo account is only for testing purposes

Oct 12 2020 at 13:05
I agree! Real beginning can only happen with real money on a real account.

Oct 12 2020 at 18:11
A demo account can help you to make experienced. It needs no caputal and it has no risks. You can test your strategy in this account.