Demo is a big opportunity

Feb 21, 2021 at 12:41
1,030 Views
16 Replies
Member Since Jul 19, 2020   751 posts
Feb 21, 2021 at 12:41
Demo is a big opportunity to a trader. They can enhance their knowledge through this practice. A trader can get a good concept through trading with demo account. A trader has a gather more knowledge about Forex trading and then he needs to apply it on market. It’s a big facility for an FX trader can enjoy all the time. I always used to trade with demo account to make my trading fluent.
Member Since Oct 23, 2018   29 posts
Feb 21, 2021 at 14:42
Its always good to trade demo first to find the strategy right for your trading
Member Since Jul 20, 2020   298 posts
Feb 22, 2021 at 02:22
Demo trading has created a lot of good learning opportunities. From where it is possible to develop a strategy and apply it in live trading.
Member Since Dec 11, 2020   110 posts
Feb 22, 2021 at 09:43
Demo is quite useful when you are trying to understand how forex trading works and of course it is also useful to strategize your trading plans and backtesting
Member Since Jun 30, 2020   90 posts
Feb 23, 2021 at 08:47
For trading, you will need market analysis skills and a demo account is convenient, and all places of the night are color.
Member Since Jun 22, 2020   77 posts
Feb 24, 2021 at 09:25
I always use demo to trade before doing it on live account.
Member Since Jul 23, 2020   759 posts
Feb 24, 2021 at 14:01
first_time posted:
I always use demo to trade before doing it on live account.
Demo account is the best place to learn trading without losing any money. Take you time to practice in demo account.
Member Since Feb 07, 2015   25 posts
Feb 24, 2021 at 15:51
UweMoench posted:
Demo is a big opportunity to a trader. They can enhance their knowledge through this practice. A trader can get a good concept through trading with demo account. A trader has a gather more knowledge about Forex trading and then he needs to apply it on market. It’s a big facility for an FX trader can enjoy all the time. I always used to trade with demo account to make my trading fluent.
100% Demo accounts are essential!
Sam.peters@
Member Since Jul 19, 2020   298 posts
Feb 25, 2021 at 12:37
Demo account is always the right place which the trader need to start if you dont have demo account download one from the broker which you chose to trade with and this will give you the desire amount of income which you really need forex is a risky business but we need to try and work hard just to get that level of knowledge here and be able to trade without headache.
Member Since Jul 19, 2020   751 posts
Feb 25, 2021 at 14:54
Michihito posted:
Demo account is always the right place which the trader need to start if you dont have demo account download one from the broker which you chose to trade with and this will give you the desire amount of income which you really need forex is a risky business but we need to try and work hard just to get that level of knowledge here and be able to trade without headache.
The beginner should use demo account minimum for three months, sometimes many brokers organize demo contest with real money prizing. Newcomers can join here. It could be great to acquire real trading experience.
Member Since Jul 20, 2020   298 posts
Feb 26, 2021 at 03:35
Demo trading is perfect for developing trading skills for new traders. It is possible to gain experience from demo trading.
Member Since Dec 05, 2020   81 posts
Feb 26, 2021 at 06:29
LeviSievwright5 posted:
Demo trading is perfect for developing trading skills for new traders. It is possible to gain experience from demo trading.
Right, Plus the fact that you can back test your strategies there is another good reason to not skip demo trading for any beginner.
Member Since Feb 04, 2021   31 posts
Mar 01, 2021 at 11:57
I prefer practising on demo accounts, a great start to learn about Forex. It helps in building your strategies, identifying the risks which you can avoid in live trading.

Member Since Feb 11, 2021   1 posts
Mar 01, 2021 at 12:12
There is a trader in San Antonio Texas that started on demo for a whole year. 3 months after he walked from his job. Demo is not just for beginners, if you treat it like a live account with tp's and stop loss, and work up to a 80+ % winning average, if it take s a year how quickly will you be retired?, Yet 98% that read this will not do this and that s why only 15% are successful at this and it gets a bad rap because of the Mc Donalds drive thru mentality. Read Trading in the Zone.
Member Since Jul 23, 2020   869 posts
Mar 01, 2021 at 13:11
For new traders, demo account is the perfect to develop their skill.
Member Since Jan 22, 2021   125 posts
Mar 04, 2021 at 11:21
Demo trading can’t be ignored if you want to reduce the risk on your trades. It is not necessary that you are new to trading then only you should practise on demo trades. I still tune up my trading skills on demo accounts to enhance the forex trading skills.
Member Since Jul 31, 2019   3 posts
Mar 05, 2021 at 11:27
Demo trading is not same as real trading... in demo you can practice a lot but in real everything is different who is winner in demo not means would be winner in real too.
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