Decub Posted February 26, 2014 Share Posted February 26, 2014 @somupriti, you are right but with a clause. That is only possible when the trader relies solely on Demo for learning. He can always mix the breed and after some little knowledge in the Demo, he can switch over to the real account. It helps the trader manage emotions and also learn to control his or risks. Quote Link to comment Share on other sites More sharing options...
gaban Posted February 27, 2014 Share Posted February 27, 2014 demo account vs real account, highly correlated. Until whenever, demo accounts will still be used to learn and test strategies trading before trading real account. Without trading demo account we just keep losing and losing. Not only the novice trader who needs a demo account. But professional traders also need a demo account to test strategies trading. Quote Link to comment Share on other sites More sharing options...
kenawly Posted March 5, 2014 Share Posted March 5, 2014 A demo account is very good for a start since you don't want to be Just copying other professional traders moves every time. It helps you gain some experience and also get confidence. Later when you start a real account and you Make a profit while that big trader that many people copy makes a loss, you will really feel great I think a demo account is very important for a start Quote Link to comment Share on other sites More sharing options...
standart Posted March 5, 2014 Share Posted March 5, 2014 demo account created for practice purpose. while real account created to enabling traders to make real profit. demo account serve no real loss or profit because use virtual money. traders can conduct practice there till they are prepared in term of skills and strategy. if result shows good, traders can jump trading in live account. Quote Link to comment Share on other sites More sharing options...
gaban Posted March 6, 2014 Share Posted March 6, 2014 Forex is a very high-risk business. So before you trade real account, then you should learn trading in demo account. Without learning in a demo account then you will only experience a failure of trading. Demo account with real account very different psychological conditions. because in the demo account we only trade with virtual money. Quote Link to comment Share on other sites More sharing options...
phoenixgirl Posted March 9, 2014 Share Posted March 9, 2014 most forex newbie who use demo account don't take their trade seriously, they follow one strategy and if the strategy works for them for a couple of trades then they plunge into the real account and trade, then deciding more on with their emotions instead of their strategy and failed. I know because I'm a newbie in forex. I would rather demo a profitable strategy for 3 or 6 months before trading on a real account. That is how important a demo account for me. Quote Link to comment Share on other sites More sharing options...
gaban Posted March 10, 2014 Share Posted March 10, 2014 To make a profit from forex trading, then you should be trading in a real account. Once you practice on a demo account, then you can start trading real accounts by utilizing the bonus posts. It is very useful for the newbie to test the ability of trading Quote Link to comment Share on other sites More sharing options...
Decub Posted March 12, 2014 Share Posted March 12, 2014 The Demo account is the best place to start up. The trader can always raise a career in Forex by firstly trading in the Demo account before learning other ways by which he can quietly adjust to the real account. There is no doubt to assume that while we trade in the Demo, there is that courage that helps us build a good trading strategy since we ain't afraid of losses. Quote Link to comment Share on other sites More sharing options...
tray22 Posted March 29, 2014 Share Posted March 29, 2014 Yes that is true not doubt demo account is correlated to real account for me it is the way which our trading strategy need to be tested and see demo account is always the best place for us to start from as it give us what we ever to needed if match with effort and now there is no longer play when you succeed Quote Link to comment Share on other sites More sharing options...
Decub Posted April 2, 2014 Share Posted April 2, 2014 Trading with the Demo is just about the same thing with trading in the real account. The only difference spelt out here is that of output. It is no news that whomever that is trading in the Demo account is in for one form of knowledge and learning or the other while in the real account, the hub is in earning. Both are quite essential and a place to learn from. Quote Link to comment Share on other sites More sharing options...
rexway Posted April 3, 2014 Share Posted April 3, 2014 That is so excellent the Demo account is for the traders to try their possible best and be sure that all their knowledge and skills is been tested first in the demo account before it can be applied into the real trading account which is always the best every trader have their own strategy so learning is the primary aspect and target Quote Link to comment Share on other sites More sharing options...
gaban Posted April 4, 2014 Share Posted April 4, 2014 demo account is the best place to learn trading. With a demo account so we can get a good trading skills, so that the maximum trading results can be obtained. after a demo account so we can take advantage of a bonus posts of instaforex for our trading a real account. So that our experience will grow. Quote Link to comment Share on other sites More sharing options...
tray22 Posted April 4, 2014 Share Posted April 4, 2014 Before we start we need to always start from our demo account it is the best account which we should start from first so there is nothing wrong about this but if you are a newbie dont hasitate to stop trading when you have no succees and seek the help from the professionals Quote Link to comment Share on other sites More sharing options...
gaban Posted April 5, 2014 Share Posted April 5, 2014 to learn Forex then you have to start with a demo account, with a demo account so you can start trading with convenient because everything on the demo account we can learn seriously without worrying at risk. therefore, we should be able to make good use of a demo account Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted April 6, 2014 Share Posted April 6, 2014 if you are a new user then you to select the demo account because you have to learn the forex first to start it .if we have proper knowledge then we can make profit other wise its not easy to take profit in forex work so learn it and after that take profit. Quote Link to comment Share on other sites More sharing options...
Decub Posted April 10, 2014 Share Posted April 10, 2014 The Demo account is not even for the newbies only because there are chances everyone will directly or indirectly need the Demo account. For a skilful trader who wants to develop his career, the Demo account is the best place to practice and acquire more knowledge. Trading in the Demo account accords the trader a chance to understand without cost. Quote Link to comment Share on other sites More sharing options...
standart Posted April 13, 2014 Share Posted April 13, 2014 traders who assume that they'll able to make profit in live account without take demo training totally wrong. demo practice required since traders will losing high amount of money if choose to trade or practice in live account straight away. so, than wasting time and money by take live practice, better if traders patient to take demo practice first till they are able to make knowledge improve and fix the strategy to work better. Quote Link to comment Share on other sites More sharing options...
gaban Posted April 14, 2014 Share Posted April 14, 2014 demo is good to learn many think but not to control our emotions because in demo account we trade with virtual money. But in real we can control our emotions and off course we will get money if we win the order. Quote Link to comment Share on other sites More sharing options...
hilman11 Posted April 23, 2014 Share Posted April 23, 2014 I often use a demo account.because I was not able to trade with a real account.I also do not have much money to trade Quote Link to comment Share on other sites More sharing options...
gaban Posted April 24, 2014 Share Posted April 24, 2014 demo account and real account as important as in forex. with a demo account so we can get trading skills to trade in a real account. without a demo account then we will only lose. Therefore, we should maximize well a demo account so that we can gain trading skills to trade real account Quote Link to comment Share on other sites More sharing options...
tray22 Posted April 24, 2014 Share Posted April 24, 2014 Demo account and real account are two difference things so I think that first step for us to follow is for us to trade with good knowledge and then proceeded to trade in the real account if you dont have that skills there is no which you can succeed Quote Link to comment Share on other sites More sharing options...
gaban Posted April 25, 2014 Share Posted April 25, 2014 demo account and real account is very important in forex. without both of them then how we can trade. for that, we should be able to make the most of this second account. with a demo account we can get a good trading skills and the trading accounts we can get money Quote Link to comment Share on other sites More sharing options...
Decub Posted April 25, 2014 Share Posted April 25, 2014 Sure, one can always complement the two and make good part of it. Trading in the Demo account might be for learning purpose while the real would be for earning but it is not entirely that which works that way. Building your emotions as a trader starts with the real account rather than the Demo. Quote Link to comment Share on other sites More sharing options...
ValdisTF Posted May 12, 2014 Share Posted May 12, 2014 I personally think it is absolutely essential you try demo account first, see if the strategies you've learnt truly work and only when you feel yourself secure, move to live. Quote Link to comment Share on other sites More sharing options...
CahCuncun Posted May 12, 2014 Share Posted May 12, 2014 I often use a demo account. because I was not able to trade with a real account. I also do not have much money to trade We can trade with small amount sir. You can try to trade with TenkoFx. You can use $10 to start trading with them. If we have good skills, we will be able to get maximal result although we just trade with small amount. share your opinion about TenkoFx and Get 5 USD Quote Link to comment Share on other sites More sharing options...
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