Importance of demo trading
Every newbie should start with demo trading imo.
Directly beginning with live account can be risky.
Directly beginning with live account can be risky.
Elena Triston
(ele020)
从……加入成为会员 Apr 15, 2020
113个发言
Dec 22 2020 at 07:28
Demo trading can be used for learning new things even after trading on live account or after making profit. Trading on a demo account makes you familiar with the platform and helps in testing new strategies without risking the real money.
The more your practice, the more you learn.
I would recommend demo trading for beginners because, in demo trading, a trader can test all the strategies.
But would also suggest not overstaying on it for a longer period because the live trading experience is when you will know if the strategy created will turn into profits.
But would also suggest not overstaying on it for a longer period because the live trading experience is when you will know if the strategy created will turn into profits.
ElliotCooke
从……加入成为会员 Jul 20, 2020
341个发言
Dec 23 2020 at 19:41
Brel posted:
Every newbie should start with demo trading imo.
Directly beginning with live account can be risky.
Yes. I completely agree with you. A demo account is the best way to learn and practice forex trading.
LeviSievwright5
从……加入成为会员 Jul 20, 2020
285个发言
Dec 24 2020 at 01:32
Demo trading is the first level of education. It is possible to gain a lot of knowledge by doing demo trading. As a trader, I first learned by doing demo trading.
If you do demo trading, it is possible to gain profit in live trading by creating a strategy. Demo trading is the first part of education. The role of demo trading is a lot to gain knowledge.
Scarymaniak
从……加入成为会员 Jun 29, 2020
25个发言
Dec 30 2020 at 09:27
Demo trading is an important concept as it allows traders to practice their trades and understand them before trading live. The demo accounts are also good for testing different strategies without having to risk any actual money.
Successful traders always take advantage of the opportunities that are presented in this plan before real trading, because these are opportunities to ascertain their abilities.