Importance of demo trading
Jun 22, 2020からメンバー
77 投稿
Dec 18, 2020 at 11:54
As I said, Demo trading has been very important to me because it allows us to strategize and implement the plan or strategy before actually putting them in live account, also you can always tweak and implement to make system respond to profit or losses better
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.
Dec 23, 2020 at 15:11
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.
Jul 20, 2020からメンバー
341 投稿
Dec 23, 2020 at 19:41
Brel posted:Yes. I completely agree with you. A demo account is the best way to learn and practice forex trading.
Every newbie should start with demo trading imo.
Directly beginning with live account can be risky.
Jul 20, 2020からメンバー
298 投稿
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.
Jan 11, 2019からメンバー
147 投稿
Jan 02, 2021 at 08:42
According to me, the experience of trading on demo and live account is totally different.
Sep 12, 2017からメンバー
238 投稿
Jan 05, 2021 at 08:06
i belive its all about the mindset. if one wants he she can learn alot from the demo account. its all in the mind how we look at it.
Jan 06, 2021 at 06:31
(編集済みのJan 06, 2021 at 06:31)
Malajind posted:Definitely its gives you an insight into the forex trading platform and you can definitely share strategies.
For some demo accounts, it is not as important as for other traders, but everyone should understand that this is an opportunity to increase their experience and gain confidence.
