Importance of Demo Account/virtual account in Forex

[myregister]

 

Psychology must be understood and traders must have good trading psychology because if we do not have good psychology, we will not get maximal result in forex trading. We can use small amount to hone our trading psychology in forex. we can test your psychology by opening real account and make minimum deposit. we can start trading with $10 only on TenkoFx 

 

Well even in demo account you can do that and you don't have to worry so much about it, actualy since in demo account there is no something called RISK because it is only virtual account and using virtual deposit. Since wit that the pressure is not subtle when we trade in demo account.

[rizwanramzan]

Demo accounts are the most easiest way of learning forex trading. There are several other benefits of using a demo account. A newbie trader can increase his/her experience by working on a demo account.

[gaban]

demo account is an account that is useful for us to be able to train  trading skills good . with a demo account then we will be able to manage capital well. The demo account we can practice trading with a maximum

[myregister]

With using demo account for sure you will be able to train, but it does not mean that demo account is the most easiest place, withour risk or zero risk you will gain advantage of doesn't afraid losing your money but the market is real one and just like in demo account so making profit isn't easy you may think.

[aliforex]

Trader must use demo account to make us be more ready to trade in forex. We can start trading with demo account to hone trading skills or taking part in trading contest which already held by broker

[myregister]

@aliforex: that is why i think that demo acocunt is important, can you imagine our daily life before when we started this business as beginner withou demo account? There will be a long way for us to reach this state. Making profit would be sixth times harder and we loss more than what we loss today.

[pepy]

Of course that will be very bad thing if there is no demo account, people will tend to lose more of their money and the worst result is performance and their development will fall compared to the current slump, it will be bad for forex as for the whole at least for short term.

[myregister]

Of course, many of those traders will having hard time in forex and guess what? They will suffer and suffer also leaving forex, and in the eyes of newcomers forex become a place where you are someone with much money to gain some bucks from it. There will be small amount of traders that will trade in forex aside from big banks or big trading company.

[gaban]

a demo account is an account that is important for traders because the demo account it will allow us to train the skills of trading well. If no account demo then we can use a demo contest on the broker to we can improve trading skills with a deeper

[pepy]

I think many traders around the world has the same opinion like you included me, i also imagine those things over and over again also feel thankful that demo account is such a bless for foreign exchange business field, it does not help only retail traders but also brokers and of course liquidity provider itself.

[Decub]

Come what may, the Demo account is always the starting point for any trader. Learning from the Demo account helps you learn well without fears of the unknown and it is also one thing the trader should be very mindful of. To know how to trade in Forex is something that requires a very good knowledge and a better understanding of what Forex is all about and that is what the Demo account can offer.

[pepy]

@decub: Well i must agree that demo account as the good starting point for new traders, with demo account's nature where people can learn without fear of losing. Like i always said that you should be thankful that demo account is exist for traders this day, if not you must spend big amount of money to survive in forex.

[Decub]

Also, believing that the Demo account helps the trader to know what to make from Forex is good business even if the person may have had a lot of experience. It is a place where you can develop your skills and knowledge and learn how to grow yourself in other to make more money from the market.

[gaban]

The demo account is very important for traders because the demo account then we will be able to practice the skills of trading well, so then we will be able to succeed in this business. For that we need to use good demo account. And we can increase skill trading

[Decub]

The demo account is very important for traders because the demo account then we will be able to practice the skills of trading well, so then we will be able to succeed in this business. For that we need to use good demo account. And we can increase skill trading

Becoming a better trader doesn't just mean trading in Forex but learning well. There are those who see the Demo as just that place where so many would want to trade when they are new and once they have gotten that knowledge, they will back off. As a matter of fact, the Demo account is for all categories of traders.

[Stekin]

Forex demo account is also compared with the live account because they are almost the same thing. The only difference in here is the fact that you need to know how to also trade in the demo for learning sake and trade in the live account for earning sake and that is what matters more to the idea of making money with Forex or being able to get the best thing from trading in the market.

[aliforex]

Forex demo account is also compared with the live account because they are almost the same thing. The only difference in here is the fact that you need to know how to also trade in the demo for learning sake and trade in the live account for earning sake and that is what matters more to the idea of making money with Forex or being able to get the best thing from trading in the market.

 

If we want to make us be better, we need to maximize demo account as well as possible.

Although demo and real account are different for the psychology, but we surely need to prepare ourselves with our knowledge and skills.

[Decub]

If we want to make us be better, we need to maximize demo account as well as possible.

Although demo and real account are different for the psychology, but we surely need to prepare ourselves with our knowledge and skills.

Knowledge is important. In the same vein, learning well is even more important and if it is our dream to learn in a much better way, then there is need that we tr and make it serious when trading in the Demo account. This is always the place a lot of people tent to find so difficult because they don't see Forex from that andle and they do not also see it as something they can get the best from with the Demo account.

[myregister]

One of the best gift that internet and technology advancement that could give to foreign exchange. With this trader are able to test or even just for making some kind of experiment. Just see how much technical analysis innovation that has been developed and shared because of demo account, i think hundreds of it.

[gaban]

a demo account is an account with virtual money, with the demo account then we will be able to practice our trading skills well, therefore, we must use a demo account so well that would allow us to trade with a maximum

[SurtiTrader]

Demo is the best way to gain the knowledege regarding Forex and you can develop your skills of analyzing market situation which can earn you more and more profits

[gaban]

a demo account is a way to maximize learning forex of trading which is then implemented in real account. a demo account is also one of the main means used to improve the ability of our trading so that we can trade in a comfortable and maximize the ability.

[Decub]

It can't be over emphasized when we talk about the benefits of using the Demo account as a way of learning how to trade. That not withstanding, it is also important that the trader knows what to do and realize that the Demo is not what is responsible for earning. With this, there is that zeal to also try out the real account and earn in the process.

[Stekin]

a demo account is an account with virtual money, with the demo account then we will be able to practice our trading skills well, therefore, we must use a demo account so well that would allow us to trade with a maximum

This is the main reason why there are so many people who don't usually trust in this. They don't want to think that when they are gaining, that it will only be a virtual gain without profit because once you are trading in the demo account, everything is a learning thing because you won't end up in profit since it is all a virtual account without any profit there in.

[aliforex]

Keep in mind that finding the best forex demo account for your purposes may require opening more than one demo account to test the most promising forex broker prospects. You can identify forex brokers you might want to test out with a demo account by doing some preliminary research online among the available broker reviews and Internet discussion forums for reputable and reliable forex brokers.