rockstar Posted January 19, 2012 Share Posted January 19, 2012 What are the advantages and also the disadvantages of demo trading that make it preferable or inferior as the case may be to a real account. What are the challenges faced by traders who are making a transition from demo to real trading accounts? 18 Quote Link to comment Share on other sites More sharing options...
ermaniso2011 Posted January 20, 2012 Share Posted January 20, 2012 for beginners demo trading is a must to learn how it works.it is a very good chance for all of the traders.without a demo account opening a live account is just throwing money on the street.with demo account we can test and robot or any trading strategy,but for a peron to be professional he or she really need to experiance the real account. Quote Link to comment Share on other sites More sharing options...
pinoycity Posted February 6, 2012 Share Posted February 6, 2012 I was surprised to read a post by a trader in another forum saying that he is being discouraged to use a demo account as this will not make him see the real world of Forex trading. I think, this is only possible if a trader will have an experienced companion, trading with him/her. Quote Link to comment Share on other sites More sharing options...
valexer Posted February 7, 2012 Share Posted February 7, 2012 I think Demo and Real account is a whole lot different thing. Demo only gibes you idea and to make get you familiarize in trading. Demo could be helpful if you use and maximize it. You can practice here strategies which you think you can use in real trading. But still study shows that traders who are winning while using demo accounts still looses when they open a real account. This just proves that a real forex trading should require real experiences from the real trades you make. Quote Link to comment Share on other sites More sharing options...
pinoycity Posted February 9, 2012 Share Posted February 9, 2012 Most of the time I used the combination of a demo and a real account whenever I trade. I use a demo to give me signal. But there are times when I only use my real account. But this is risky for me, as I trade just based on instinct. Quote Link to comment Share on other sites More sharing options...
flybiz08 Posted March 29, 2012 Share Posted March 29, 2012 I rslly do not know why you have to combine the two accounts at the same time but if that is contributing to your success, why change a winning team. I would prefer the demo account for a trader that already has an existing strategy to use the demo accounts for testing new systems. Quote Link to comment Share on other sites More sharing options...
Tariq777 Posted June 12, 2012 Share Posted June 12, 2012 Of course demo vs real, the real trading will win. Demo is a waste of our time and its just for beginners Quote Link to comment Share on other sites More sharing options...
freaky Posted June 15, 2012 Share Posted June 15, 2012 Many traders says that demo trading is a waste of time. I don't agree with that. Demo trading is the foundation to having a good result in real trading. It is in demo trading that you have the opportunity to practice and check your trading strategy and see its efficiency before using it in real trading. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted June 20, 2012 Share Posted June 20, 2012 Of course demo vs real, the real trading will win. Demo is a waste of our time and its just for beginners Oh, well how do you say that its a waste of time while you are going to learn and practice your strategies in demo. Or you are thinking to be on the spot so you don't have any trading plan. I think they are both a must for us to be successful in forex trading. Skipping demo would mean failures and its not only for beginners. Quote Link to comment Share on other sites More sharing options...
ganthiraj Posted June 21, 2012 Share Posted June 21, 2012 advantages in the demo account: you feel comfortable participating in forex beginners on this account, you do not feel worried about losing an amount of money. you will have more experience and time in creating their own strategy. When you step into account the pressure will be felt by quite a lot of account management as well as apply the strategy in the demo account real account Quote Link to comment Share on other sites More sharing options...
pepy Posted June 22, 2012 Share Posted June 22, 2012 Oh, well how do you say that its a waste of time while you are going to learn and practice your strategies in demo. Or you are thinking to be on the spot so you don't have any trading plan. I think they are both a must for us to be successful in forex trading. Skipping demo would mean failures and its not only for beginners. there are some time that we need to enter demo account and there are some time also that we don't need to enter that demo account, but for newbie or medicore i think that is good for them to train themselves with demo account first but for pro one, i think with only real account they already earn well Quote Link to comment Share on other sites More sharing options...
rexway Posted June 28, 2012 Share Posted June 28, 2012 As for me I dont think that there is a time which we need to enter demo account since demo is just for us to trade with virtual money and not a real life money so its very good recomended if we can trade with demo account before enter the market with our real account to avoid loss and make something good out of the market. Quote Link to comment Share on other sites More sharing options...
Tariq777 Posted July 2, 2012 Share Posted July 2, 2012 Demo and real are entirely different, Demo is for practice while real is for money! Quote Link to comment Share on other sites More sharing options...
Idris Posted July 8, 2012 Share Posted July 8, 2012 Of course demo vs real, the real trading will win. Demo is a waste of our time and its just for beginners I don't think only newbies need to demo trade. As an average trader, you may devise a trading strategy and of course its not possible to test your new strategy with your money or you re risking bankruptcy so you need to test your skills with demo while newbies also need to trade live even if it means losing so they can learn to control emotions in the future Quote Link to comment Share on other sites More sharing options...
indieover Posted July 28, 2012 Share Posted July 28, 2012 Indeed demo trading is for all traders. But live trading is only recommended to people who have made use of the demo trading already although no one would stop you from going to live trading immediately. I am only in the demo trading myself Quote Link to comment Share on other sites More sharing options...
lanretuase Posted August 19, 2012 Share Posted August 19, 2012 As an adage says practice make perfect,a demo account affords you an opportunity to practice and get familiar with the forex trade, Every great forex trader must have started with a demo account before moving on to trade in the real forex account.You should also follow suite. Quote Link to comment Share on other sites More sharing options...
hardworks Posted August 20, 2012 Share Posted August 20, 2012 What are the advantages and also the disadvantages of demo trading that make it preferable or inferior as the case may be to a real account. What are the challenges faced by traders who are making a transition from demo to real trading accounts?  Advantages: › Can able to get experience with out any real loses. › Can able to test Expert advisor in strategy tester without waiting for too much time. › Can able to learn the basic of trading by using the trading platform via demo account. Disadvantages: › We will not get real experience, we may use heavey lot size without any emotions and fear factors. › There should be no planing while trading. Quote Link to comment Share on other sites More sharing options...
fari Posted September 7, 2012 Share Posted September 7, 2012 there is a difference working on demo and real.the reason is that in demo you have the big amount while in real you have the small amount. this is also one of the difference of working in demo and real. Quote Link to comment Share on other sites More sharing options...
mang_ncep Posted September 11, 2012 Share Posted September 11, 2012  Advantages: › Can able to get experience with out any real loses. › Can able to test Expert advisor in strategy tester without waiting for too much time. › Can able to learn the basic of trading by using the trading platform via demo account. Disadvantages: › We will not get real experience, we may use heavey lot size without any emotions and fear factors. › There should be no planing while trading.  Nice share, sir... It helpful for traders, especially for new trader to know about it...But, i think for new trader should trading with demo account before they trade with real account... I also used demo account from FBS before i trading with real account.. Quote Link to comment Share on other sites More sharing options...
wynnasuju Posted September 12, 2012 Share Posted September 12, 2012 Both demo trading or real trading have difference. Sometimes, i trade with my FBS demo account, and i also trade with real account. Quote Link to comment Share on other sites More sharing options...
kaito kid Posted September 14, 2012 Share Posted September 14, 2012 there is a difference working on demo and real.the reason is that in demo you have the big amount while in real you have the small amount. this is also one of the difference of working in demo and real. I think the main point not in the amount. But in the risk we get. I open both demo and real account wiht my broker. I using demo for trying my trading system only. Quote Link to comment Share on other sites More sharing options...
standart Posted September 24, 2012 Share Posted September 24, 2012 because demo account only use virtual money, trader will never could enjoy the profit they get. the only reason traders use demo account is for practice and test trading system purpose. real account involve real money and every profit traders get is real. Quote Link to comment Share on other sites More sharing options...
budado Posted October 2, 2012 Share Posted October 2, 2012 because demo account only use virtual money, trader will never could enjoy the profit they get. the only reason traders use demo account is for practice and test trading system purpose. real account involve real money and every profit traders get is real. You can try contest demo. If you have a best trade then you can trade and earn good amount of money if you won. Although I know the chance are are very small its still good to try to invest your time in demo first. If ever you don't won at least you learn how to trade and chance are you going to have an earning chance if you going to trade in real account. Quote Link to comment Share on other sites More sharing options...
rizal83 Posted October 7, 2012 Share Posted October 7, 2012 for beginners demo account is very important in finding a trading system they will use, if they have mastered the demo accounts they should still learn to develop mental willingly using an account with a small amount of capital or stock bonus because it is very important Quote Link to comment Share on other sites More sharing options...
budado Posted October 8, 2012 Share Posted October 8, 2012 I again earn in demo account contest. But its seems my earning in demo account is not good enough to make me a winner. I do trade in demo account. But the demo account that I'm using is a contest demo. In this way if I'm the most profitable trader of the week I do earn dollars. And that's motivate me to trade in demo and practice in demo. If my strategy works I make profit as a winner of the demo contest. Quote Link to comment Share on other sites More sharing options...
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