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Newcomers and demo trading
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LyudmilLukanov

从……加入成为会员 Jul 23, 2020  137个发言 LyudmilLukanov Sep 27 at 12:03
ElliotCooke posted:
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.

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.

Calacti

从……加入成为会员 Jun 17, 2020  28个发言 Calacti Oct 14 at 11:19
Demo accounts are good only to get a feel of the trading environment. Real money can only give real experience.

Lycineandrew

从……加入成为会员 Jun 30, 2020  16个发言 Lycineandrew Oct 15 at 05:14
If you are a newcomer in the world of trading, you must begin with a demo account. You can practise with a demo account and later switch to a real account.

Ezereombre

从……加入成为会员 Jul 01, 2020  26个发言 Ezereombre Oct 19 at 12:39
Cannot agree more. Demos are absolute essential!

UweMoench

从……加入成为会员 Jul 19, 2020  157个发言 UweMoench Oct 20 at 04:21
@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.

Andronn

从……加入成为会员 Jun 30, 2020  47个发言 Andronn Oct 20 at 05:08
You say absolutely correctly, on a demo account you need to use the amount that will initially be on a real account.

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EURUSD 1.21201 GBPUSD 1.34343
USDJPY 104.184 USDCAD 1.27846

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