Newcomers and demo trading

Sep 26, 2017 at 14:46
Vistas 7,387
157 Replies
Miembro desde Aug 11, 2017   posts 886
Sep 26, 2017 at 14:46
This volatile trading place is very much complicated for all kinds of traders in particularly for who are newcomers. Newcomers first of all have to observe all market principle which is more appropriate to survive in here in a proper way. They have to emphasis firstly only learning by reading books, Pips school, Forex.com and from much more Forex website. And with this process also should trade in demo account to make sure market movements. But practically mostly don’t believe the importance of demo account at all.
Miembro desde Feb 12, 2016   posts 427
Sep 28, 2017 at 07:13
This looks like spam topic...What is your point exactly?
Accept the loss as experience
Miembro desde Aug 11, 2017   posts 886
Sep 28, 2017 at 14:42
The traders who are particularly beginners first of all have to move on demo trading which is the primary source to acquire exact basic information which is very supportive to continue a live account in a proper way. but mostly traders don’t believe the importance of this trading place at all and kick off a live trading without demo . ultimately they come loser due to lack of real trading experience.
Miembro desde Aug 09, 2017   posts 95
Sep 29, 2017 at 09:36
The demo trading we have to do with seriously, if we want to be a knowledgeable trader very rapidly. But practically mostly traders don’t believe the importance of this trading place at all. My trading career I use all my trading techniques in my demo account to see the performance how it works. It always helps me for avoiding risk.
Miembro desde Apr 18, 2017   posts 920
Oct 01, 2017 at 06:23
Demo is the best way of learning Forex trading, I see, maximum new traders are using their demo with a wrong approach! But the traders, who took their demo so seriously now they are enjoying their live trading.
Miembro desde May 16, 2019   posts 29
Feb 13, 2020 at 17:56
Are you being able to understand what is going on here? Demo is mainly for getting around the whole Forex system and maybe a bit more things to drive you into the life or real account anyway. So please make it possible when you will be free.
Miembro desde Aug 09, 2017   posts 785
Feb 16, 2020 at 05:57
demo is really good for any kinds of traders especially for newcomers. i use all my trading strategies in demo to see the performance how it works, this approach always help me to avoid risk when trading in practically.
forex_trader_745947
Miembro desde Jul 08, 2019   posts 57
Feb 16, 2020 at 17:22
Before go for real test everything on demo
Miembro desde Feb 20, 2020   posts 3
Feb 20, 2020 at 11:16
Demo is really good for any kinds of traders especially for newcomers. i use all my trading strategies in demo to see the performance how it works.
Miembro desde Feb 12, 2020   posts 12
Feb 26, 2020 at 12:05
Mohammadi posted:
This volatile trading place is very much complicated for all kinds of traders in particularly for who are newcomers. Newcomers first of all have to observe all market principle which is more appropriate to survive in here in a proper way. They have to emphasis firstly only learning by reading books, Pips school, Forex.com and from much more Forex website. And with this process also should trade in demo account to make sure market movements. But practically mostly don’t believe the importance of demo account at all.
I agree with you

Miembro desde Feb 24, 2020   posts 10
Feb 26, 2020 at 13:26
Mohammadi posted:
This volatile trading place is very much complicated for all kinds of traders in particularly for who are newcomers. Newcomers first of all have to observe all market principle which is more appropriate to survive in here in a proper way. They have to emphasis firstly only learning by reading books, Pips school, Forex.com and from much more Forex website. And with this process also should trade in demo account to make sure market movements. But practically mostly don’t believe the importance of demo account at all.
I agree

Miembro desde Oct 07, 2019   posts 47
Mar 04, 2020 at 11:39
i agree with you. demo acc is good. i think even if you are already experienced trader and looking for new broker first check the demo trading.
but i'm newbie still. so my trade way is only started.
Miembro desde Mar 05, 2020   posts 4
Mar 05, 2020 at 07:57
Mohammadi posted:
This volatile trading place is very much complicated for all kinds of traders in particularly for who are newcomers. Newcomers first of all have to observe all market principle which is more appropriate to survive in here in a proper way. They have to emphasis firstly only learning by reading books, Pips school, Forex.com and from much more Forex website. And with this process also should trade in demo account to make sure market movements. But practically mostly don’t believe the importance of demo account at all.
Demo accounts are very useful not only for beginners, but also for experienced traders. So how can you check on them without losing funds new trading strategies

Miembro desde Dec 26, 2019   posts 21
Mar 21, 2020 at 15:09
Every new person should try himself in that new demo trading before starting to apply all that serious techniques anyway on any possible reasons. I do not see where we are going with that matter, but train on demo first absolutely.
Centrillador
Miembro desde Mar 21, 2020   posts 1
Mar 21, 2020 at 19:01
I say use demo to perfect method to the point where I can win enough times, 10 preferably, to gain confidence to take that strategy into the live account
Miembro desde Mar 23, 2020   posts 63
Mar 24, 2020 at 08:18
Even I started with demo trading only. Its always better than to stake our money in the beginning itself.
Miembro desde Oct 07, 2019   posts 47
Mar 27, 2020 at 10:48
Cizel89 posted:
Even I started with demo trading only. Its always better than to stake our money in the beginning itself.

how much time do you use demo acc? i think one month is enough to test my strategy with demo acc. what do you think?
Miembro desde Mar 27, 2020   posts 9
Mar 27, 2020 at 11:07
1 month is enough to find out if your strategy sucks but not enough to see if it is good. You need to test for a least 6 months to know that. And even then the strategy may suck in different trading conditions
Miembro desde Oct 07, 2019   posts 47
Mar 27, 2020 at 11:12
diskdillinger posted:
1 month is enough to find out if your strategy sucks but not enough to see if it is good. You need to test for a least 6 months to know that. And even then the strategy may suck in different trading conditions
oh i see. thanks for your opinion.
Miembro desde Mar 26, 2020   posts 3
Mar 27, 2020 at 13:10
for a beginner, please demo for at list six months. My best advice for a beginner is to learn how to trade, take your time and develop a good trading system that suits your trading style, work on it to perfection and look for a mentor who is good in forex to guide you towards achieving success before investing your money.
Director of foreign currencies
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