Edit Your Comment
Demo can not make you well experienced
Jun 10, 2022 at 07:38
Member Since May 24, 2022
23 posts
Only a live account can make you earn money. A demo account can only show you how to trade, but being dependent on that is not good. Use a demo account to hone your trading skills and use them appropriately while live trading is the right process of achieving success in forex trading.
Member Since Jun 02, 2022
24 posts
Jun 10, 2022 at 09:34
Member Since Jun 02, 2022
24 posts
You may not learn everything on your demo account. But all that you can do is priceless. You get to know the market without having to take a risk. You learn to execute a trade and make use of different functions of the trading platform.
Jun 13, 2022 at 11:45
Member Since Jun 03, 2022
26 posts
Demo can make you experienced. All you need is the same dedication you use in live trading.
Live trading is the real test. When you trade with real money, you get emotionally attached to it. When we're attached to something, we make mistakes. A demo account can only help you learn the trading and test your strategy.
Live trading is the real test. When you trade with real money, you get emotionally attached to it. When we're attached to something, we make mistakes. A demo account can only help you learn the trading and test your strategy.
Member Since Jun 26, 2020
327 posts
Jun 14, 2022 at 11:45
Member Since May 07, 2022
41 posts
When I first started trading, a demo account was quite helpful in gaining a better knowledge of the entire process. As a result, I was able to learn, practice, and develop strategies that fit my trading style. Demo trading, in my opinion, helps me in acquiring useful experience and allows me to grow my skills.
Member Since Aug 19, 2021
245 posts
Member Since Jul 26, 2022
52 posts
Jul 29, 2022 at 04:49
Member Since Jul 26, 2022
52 posts
If you're a newbie, the demo account is a good place to start with. When I first started using it, I gained a lot of knowledge and experience. Of course, there is a difference between a demo and a live account. But it helped me a lot in learning trading skills and making me familiar with forex market.
Member Since Jul 19, 2022
24 posts
Aug 02, 2022 at 10:06
Member Since Jul 19, 2022
24 posts
A demo account prepares you for many situations that you are likely to face. But a trader might not feel as much strength of emotional charge as in a live account. Therefore, a demo account fails here. However, if a trader takes this into account and does not feel too emotional while trading or after trading, trading on a live account will not be that difficult.
Member Since May 02, 2022
38 posts
Aug 05, 2022 at 07:19
Member Since Aug 05, 2022
28 posts
Make sure to do a comprehensively comparison before choose a certain broker finally
Aug 05, 2022 at 07:22
Member Since Aug 05, 2022
28 posts
To learn how to use forex tools ia quite important to the starters.
Aug 08, 2022 at 12:26
Member Since Aug 05, 2022
28 posts
It's very important to get some professional advice. I got my EA for free in a FB group.
Aug 08, 2022 at 12:31
Member Since Aug 05, 2022
28 posts
As a new trader, I believe that using a demo account allows you to identify all of your flaws and make sure to know your broker well
Aug 08, 2022 at 12:40
Member Since Aug 05, 2022
28 posts
Indeed choosing the broker is a matter in forex trading because out there are so many brokers work as dealing desks broker. AVA looks like a good choice
Member Since May 21, 2020
4 posts
Aug 08, 2022 at 14:56
Member Since May 21, 2020
4 posts
If you enter 2 simultaneous trades on a DEMO and LIVE account see how one will hit TP and the other will be a loser !! thats the difference between DEMO and LIVE! with a lot of brokers especially ones who like scalpers!.
Different spreads , price movements and Slippage make a huge difference so the sooner you have your strategy tested get off DEMO and trade a small LIVE account ! that's the only way and you soon see the 'real' manipulation of a Live broker !!.
Demo almost suckers you in as 'too easy to make profit!' so you go live trade the same and BOOM ! Blown account ! this happens time and time !
Demo is only good for trying a strategy out , LIVE is a different ballgame and not just the psychological aspect.
Cheers and Good luck !
Different spreads , price movements and Slippage make a huge difference so the sooner you have your strategy tested get off DEMO and trade a small LIVE account ! that's the only way and you soon see the 'real' manipulation of a Live broker !!.
Demo almost suckers you in as 'too easy to make profit!' so you go live trade the same and BOOM ! Blown account ! this happens time and time !
Demo is only good for trying a strategy out , LIVE is a different ballgame and not just the psychological aspect.
Cheers and Good luck !
Live and Die by the Sword !
Aug 08, 2022 at 22:57
Member Since Apr 03, 2021
470 posts
It will depending pers[ective of each traders to view about demo account. Demo trading is important to learn and get experience trading. Sometimes demo accounts are used among traders to show trading performance when they test ea and want to show if they can make a good income using a demo account. But investor I think they will look and proof of trading and type account before investing.
Aug 10, 2022 at 10:32
Member Since Aug 03, 2022
25 posts
Demo trading can surely help you to develop your skills as a trader and it does give us confidence to trade on a live account. But the transition from a demo account to a real account will never be easy. I think actual trading experience is gained when you go live in the forex market and get exposed to the market risk.
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.