Demo can not make you well experienced
Menjadi Anggota Sejak Jan 11, 2022
45 postingan
Feb 04, 2022 at 06:52
Demo can’t make you a trader because it isn’t the same as the actual trading platform. There are some loopholes; you don’t risk money from your pocket; and you don’t trade with emotions. These two aspects are important to become a forex trader. Demo accounts are helpful to train and develop trading skills, but can’t turn you fully into a pro trader.
Menjadi Anggota Sejak Jan 18, 2022
20 postingan
Feb 04, 2022 at 08:04
Yes, a demo account can’t provide you the real trading environment truly but still there is a lot to learn from the demo. You can practice any strategy to get familiar with its working. You can use various indicators to find out the best way to use them.
Menjadi Anggota Sejak Aug 21, 2021
78 postingan
Feb 04, 2022 at 12:35
Demo trading can make you well aware of the market and I consider it one of the best ways to learn forex trading.
Menjadi Anggota Sejak Dec 09, 2013
138 postingan
Feb 05, 2022 at 07:38
UweMoench posted:
Demo can not make you well experienced. No matter how much profit you make with demo. The real test begins when you start to trade with real money. When you trade with real money you get emotionally attached to it. When we are attached to anything, we tend to make mistakes. Demo can only help you to know the trading platform and test your strategy.
Demo trading does not make some one a professional or experienced trader. However, it is good enough to provide enough experience to feel the heat of the market. If a trader does not learn from demo trading, he would end up making so many losing trades. At the end, he would lose his confidence as well. My realization is a trader must learn through demo trading.
Menjadi Anggota Sejak Jun 26, 2020
323 postingan
Feb 07, 2022 at 07:16
demo experience sometimes doesn't work in really account, its really true. but that not mean , it is useless. beginners level of course minimum have to spend 3-5 months in here to ensure live trading experience.
Menjadi Anggota Sejak Feb 07, 2022
24 postingan
Feb 08, 2022 at 05:35
Demo is the foundation. You learn the basics but what you cannot learn on demo is emotional management. You need to enter live trading for that. This can be done by starting small with a micro account.
Menjadi Anggota Sejak Jan 24, 2022
18 postingan
Feb 08, 2022 at 11:58
Demo is equally important just like the micro live account.
Menjadi Anggota Sejak Aug 10, 2021
172 postingan
Apr 04, 2022 at 01:28
Demo account is the best option to learn forex and I have learned a lot with practice over demo account.
Menjadi Anggota Sejak Apr 03, 2022
6 postingan
Apr 04, 2022 at 04:46
Yes you can make
Menjadi Anggota Sejak Jan 21, 2022
57 postingan
Apr 15, 2022 at 09:18
A demo account is used for practice. It doesn’t make you an experienced trader. It only helps you with trial and error and you test your strategy to see if it works or not. When you trade with real money, only then you’ll be considered experienced after a period of time, when you pick up tricks of the trade.
Menjadi Anggota Sejak Jun 26, 2020
323 postingan
Apr 17, 2022 at 07:37
demo experience sometimes doesn't work in really account, its really true. but that not mean , it is useless. beginners level of course minimum have to spend 3-5 months in here to ensure live trading experience.
Menjadi Anggota Sejak Apr 14, 2022
32 postingan
Apr 19, 2022 at 10:25
It is not true. Once the strategy which you are using for the demo platform is fully sound and developed, it should be used for the live trading as well.
Menjadi Anggota Sejak Mar 17, 2022
29 postingan
Apr 22, 2022 at 05:02
No matter how much you practice on a demo account, it only gives you a vivid idea as you’re dealing with virtual money, when you start live trading, your experiences change and you realise the mistakes and how to rectify them. Ultimately, a demo account does not make you an experienced trader, it may give you unrealistic profit expectations, only use it to practice.
Menjadi Anggota Sejak Aug 10, 2021
172 postingan
Apr 25, 2022 at 02:09
The demo is a proper way or a teacher to gain experience.
Menjadi Anggota Sejak Jun 19, 2021
48 postingan
Apr 25, 2022 at 02:15
I did not succeed in trading live until I learned how to trade the demo, but the demo had to do EXTREMELY well in order for me to do well trading live.
*I kill pips for fun.*
Menjadi Anggota Sejak Apr 21, 2022
2 postingan
Apr 25, 2022 at 05:58
In my opinion, it is because you can test your psychology, apply risk management, and overall put your plan to the test, even if it is a demo account. You get real-world experience that will aid you when you begin trading live.
Menjadi Anggota Sejak Apr 04, 2022
25 postingan
Apr 26, 2022 at 05:46
I have to agree with everyone saying that demo accounts don’t prepare you for the live market conditions. You do get an introduction to the live market through your demo account but when it comes to understanding the live market, you will have to trade in the live market. You can make use of a micro account for that purpose.
Menjadi Anggota Sejak Apr 18, 2022
55 postingan
Apr 26, 2022 at 09:33
A demo account, in my opinion, will help you understand how forex trading works and which trading strategies are most advantageous. It will teach you how to trade without risking real money.
Menjadi Anggota Sejak May 27, 2021
56 postingan
Apr 26, 2022 at 11:03
I agree that a demo can't make you experienced but it can make you well prepared for the live trading.
Menjadi Anggota Sejak Apr 14, 2022
16 postingan
Apr 28, 2022 at 06:30
Demo trading accounts are very different from a real trading account. Although it is a good learning platform for newbie traders, in order to gain actual experience and understanding they will have to operate a real trading account with their own money. The market movements and trends need to be seen in real time by new traders, so that they can become skilled traders over time. The kind of emotion that a trader will have to deal with while engaging in forex trade, can only be felt when they are trading on a real account. And achieving emotional stability is something that you get after you start trading in real life.
