Best place to make practice

[myregister]

Well i cannot argue here more, but from my own perspective demo account has more than just virtuality, it is flexibility. I mean just look at how high leverage you can set? To maximum that allowed by a broker, and also your capital could be set as high as you can which surely affect your psychology even just a bit and the way you trade.

[aliforex]

When first starting out trading forex, or when considering switching to a new forex broker, many traders option to open a forex demo or practice account. Most importantly, this allows them to practice trading using the broker's trading platform to see if they find it sufficiently to their liking. Furthermore, opening such an account also often lets traders try out additional services of the broker providing it.

[Andrea ForexMart]

There is no other way or place to practice Forex trading than demo account. It will serve as a training ground to hone our acquired trading skills without suffering losses as we are only using virtual money here. But the procedure is the same with the real one so we must already be serious even if it is just a demo. 

[myregister]

In real account you can practice it too, but the risk is big there not like when you trade in demo account. Also in real account people tend to be cautious with what happened later, this is why they don't as free as someone who want to learn from demo account where risk is free.

[gaban]

yes, we can use real money account to practice trading but the risk is very great because using real money. if you want to practice using real account so it is better trading with small capital in cent account. besides, we can also train a good trading psychology if a practice in real accounts

[pepy]

yes, we can use real money account to practice trading but the risk is very great because using real money. if you want to practice using real account so it is better trading with small capital in cent account. besides, we can also train a good trading psychology if a practice in real accounts

So that is why the best place to make practice is demo account, no money to spend, virtually you trade in virtual account which means that you spent nothing and if you lose you don't lose your real money, maybe in this account your emotion kind of won't meet your expectations but at least you still learn how to deal with your emotions like greed or fear

[novarisa]

So that is why the best place to make practice is demo account, no money to spend, virtually you trade in virtual account which means that you spent nothing and if you lose you don't lose your real money, maybe in this account your emotion kind of won't meet your expectations but at least you still learn how to deal with your emotions like greed or fear

 

No risk, but you will gain some. It's lot more better after learning the basics of trading, to train yourself with real account, because more pain, more gain you will earn.

[radex78]

No risk, but you will gain some. It's lot more better after learning the basics of trading, to train yourself with real account, because more pain, more gain you will earn.

Practice with real account will better to develop better psychology trading, but before any newbie they need to practice in demo account,and make sure if they already confidence with good result during backtesting system trading and strategy trading, and trading with real account they should first spent money that afford to lose because success in demo will not guarantee success in real account.

[uncle gober]

Practice with real account will better to develop better psychology trading, but before any newbie they need to practice in demo account,and make sure if they already confidence with good result during backtesting system trading and strategy trading, and trading with real account they should first spent money that afford to lose because success in demo will not guarantee success in real account.

 

Proper knowledge of forex market, Practice much on demo, hard work and patience, Control on emotions and risk management all these are the basic things that you have to keep in mind to go through the way of success.

[Levie]

well, one of the best place to practice is on demo account. especially for newbies, they must start on practicing on demo account before going live so they will gain experience that they can apply on live account.

[bigxy]

Agreed that trading a demo account can bring much confidence to new traders, it can also be good for testing any new broker as the features offered in demo accounts are more or less similar to those offered in live accounts.

[radex78]

Demo account still become best place to practice in real market condition, this is useful for trader to making backtesting strategy and system trading also if any trader they prefer trade using robot hence demo account will always free of risk from losing real money, and sometime start from demo also can making real money if any trader become winner in demo contest.

[pepy]

As long as the market on your demo account reflected the real thing which happened at the real market then i say you must use it. Demo account not just for gain experience but the place to make an experiment combining with the nature of real reflection of the real market, you gain better understanding of foreign exchange.

[Levie]

demo is a good place for newbies to practice forex trading. its just like live account the only difference is the virtual money we use on demo account. So better start on practicing on it and gain experience before you actually use live account, so you won't have difficulties when you start trading.

[radex78]

demo is a good place for newbies to practice forex trading. its just like live account the only difference is the virtual money we use on demo account. So better start on practicing on it and gain experience before you actually use live account, so you won't have difficulties when you start trading.

Beside using demo account but also will good if they learn from various source of learning like as learn from forum or website that provided information related forex, and best place to built up better psychology trading is on real account which this is will making their psichology become better from their experience, and demo account for backtesting ea or system trading.

[moukaddem]

demo is a good place for newbies to practice forex trading. its just like live account the only difference is the virtual money we use on demo account. So better start on practicing on it and gain experience before you actually use live account, so you won't have difficulties when you start trading.

Do you know any brokers that provide a demo account? Thank you in advance!!

[eden100]

Demo trading and demo contest are the good way of learning forex. Do more practice in Demo and you can learn Forex.You should practice with demo for at least six months.

More at : http://alpari.com/en/trading/independent/

[Levie]

We all know here already, actually the best place to practice the Forex trading is by using the demo account here. And the next thing also, we can try to use the free money, like from the forum or from the broker's bonus to open the real account to trade on Forex here. 

 

 

[radex78]

Do you know any brokers that provide a demo account? Thank you in advance!!

Almost broker offer demo account for their client, just visit website company of broker and there you will look any link to register demo account , like  as in forexmart also has offer demo account, but you also can created account through mt4 platform and you must install platform on your computer first

[lisa.stancill12]

nice site

[myregister]

Almost broker offer demo account for their client, just visit website company of broker and there you will look any link to register demo account , like  as in forexmart also has offer demo account, but you also can created account through mt4 platform and you must install platform on your computer first

That much more make sense to me, almost broker actuall offers demo account for the sake of marketing. Because, to be honest who doesn't like a free account that they can use for free. But remember not all demo account reflected the real account situation especially in the controlled market broker.

[novarisa]

That much more make sense to me, almost broker actuall offers demo account for the sake of marketing. Because, to be honest who doesn't like a free account that they can use for free. But remember not all demo account reflected the real account situation especially in the controlled market broker.

 

Yeah, gotta agree with this. Some brokers manipulated their demo account to pretend that they're suit to most of the trading system of clients using. And also be aware of hidden terms that you might encountered while making a withdrawal.

[gaban]

to be a successful trader then we have a lot of practice and practice. with lots of practice will allow us to minimize the risk properly. Risks can be minimized by good then it will benefit us and we will be able to minimize the risk well. we can using demo account to trading practice well

[myregister]

Demo account still is the best place for people to start learn about how to trade in forex. No risk, everything is virtual so loss is not  a trivial matter when trade there. My personal advice is focus to learn about forex in demo account to give better return to a trader with no or minimal risk.

[radex78]

If still blind at all about forex, hence I think will better learn on basic education forex, so as bneinner will having familiar with many insight related forex, then they can use demo account to practice implemented all knowledge that obtained from basic learning, maybe focus on learning one system trading then implemented in demo is good way to start learn