uncle gober Posted November 24, 2016 Posted November 24, 2016 right, a demo account itself not only as the introduction or learn more about forex trading for a novice trader, but not a few traders who use a demo account as the evaluation of the ability of trading, or some use it as a strategy of trading prior to use by using a real account. Quote
radex78 Posted November 25, 2016 Posted November 25, 2016 right, a demo account itself not only as the introduction or learn more about forex trading for a novice trader, but not a few traders who use a demo account as the evaluation of the ability of trading, or some use it as a strategy of trading prior to use by using a real account.Very good if newbie start in demo account seriously, they learn and practice to finding profitable and suitable system trading, but also will good if in demo account also implemented risk management and money management, so if later they ready to start in real account with spent money from own pocket or start with bonus they already having experience Quote
uncle gober Posted November 25, 2016 Posted November 25, 2016 Very good if newbie start in demo account seriously, they learn and practice to finding profitable and suitable system trading, but also will good if in demo account also implemented risk management and money management, so if later they ready to start in real account with spent money from own pocket or start with bonus they already having experience perhaps in a demo account practice sessions will be very effective when compared to the real account, then when the start of trading we will be faced with a demo account and after that a new trading account Quote
radex78 Posted November 26, 2016 Posted November 26, 2016 perhaps in a demo account practice sessions will be very effective when compared to the real account, then when the start of trading we will be faced with a demo account and after that a new trading accountYes but eventually as trader they will forward to real account and this is like as real battle which in real account usually will involved emotion, and for trader at first step in real account they can trying using bonus no deposit or they spent money that afford to lose first before imagine with earning Quote
uncle gober Posted December 8, 2016 Posted December 8, 2016 therefore one of the most important factors that must be owned by a trader is about emotional control. see forex trading is a business that is full of calculations and accuracy, I think it would be difficult to achieve the maximum benefit if a trader can not control his own emotions. Quote
pepy Posted June 21, 2017 Posted June 21, 2017 Demo account is better than real account is the matter of perspective and psychology. You earn better maybe because you are more relaxed when analyze the market in demo account. In real account with more pressure you cannot make a better analysis thus leading to more losses and in the end you see this as you earn better in demo but not in real account. Quote
myregister Posted June 22, 2017 Posted June 22, 2017 Demo account is better than real account is the matter of perspective and psychology. You earn better maybe because you are more relaxed when analyze the market in demo account. In real account with more pressure you cannot make a better analysis thus leading to more losses and in the end you see this as you earn better in demo but not in real account. Better than real account by somebody's perspective, somebody others will say that real account is practically better for us rather than demo account. Well, in real account you cannot make a better analysis if you aren't experienced enough but if there you will learn about something important which is how to trade in real environment. Quote
pepy Posted July 1, 2017 Posted July 1, 2017 Better than real account by somebody's perspective, somebody others will say that real account is practically better for us rather than demo account. Well, in real account you cannot make a better analysis if you aren't experienced enough but if there you will learn about something important which is how to trade in real environment. But in the end that is just a perspective so it doesn't matter at all. But for them that is a matter and it's proven that they are getting better when trade in demo account without any risk of losing their money, rather than when they trade in real account where they lose much of their capital because of fear and greediness. Quote
raniya Posted July 2, 2017 Posted July 2, 2017 Because of the psychology influence us when trading. When we get loss in real account, we will lose our money which has been deposited. THat's why we must be careful. in FXB, i also use demo account and real account for trading Quote
bigxy Posted July 2, 2017 Posted July 2, 2017 I guess that's only an emotional issue because demo is more or less similar to the real accounts offered by the brokers, nothing different but demo accounts have virtual funds only. Quote
Morning star Posted July 4, 2017 Posted July 4, 2017 Hi! I just started trading by forex system, now I’m playing with demo, want to have full account. Please tell me, what’s the amount you started with? Quote
MickeyAlbin Posted July 4, 2017 Posted July 4, 2017 I guess, many of you agree with me that it makes no sense to put the big funds in the beginning of your trading. Maximum is 500$ Quote
Naron Posted July 4, 2017 Posted July 4, 2017 I think there is no difference between demo and true account exepting the psychological factor. Quote
Naron Posted July 4, 2017 Posted July 4, 2017 It depends on the conditions. If you got clear trading system, well-tried on demo, the main thing is to follow your algorithm neatly. Quote
MickeyAlbin Posted July 4, 2017 Posted July 4, 2017 If my strategy is good for demo shall I use it on my real account? Or is it not significative? Quote
Sininfinity Posted June 6, 2018 Posted June 6, 2018 If my strategy is good for demo shall I use it on my real account? Or is it not significative? Â If it works on demo then you should go with a small amount to test it on real and see how it works for you. And also if you need emotional training then do so. Quote
gaban Posted June 11, 2018 Posted June 11, 2018 Where for demo account it is important role also, with demo account we can practice will where the way of this forex trading is good and true, business forex business risk is very big, so better before plunge in forex business trader try to always increase where skill maximal ability to where we can maximal also in run trading forex in trading account later with instaforex Quote
boltushkin Posted June 11, 2018 Posted June 11, 2018 I guess it's because of slippage and tight spreads. On my live account with Hotforex I get same spreads as on demo in average but sometimes there are spike in spreads which I try to avoid. Quote
Irdab Posted June 29, 2018 Posted June 29, 2018 The main reason is the psychology of the trader which is different while trading on the demo account and while trading on the live account. Losing your money in front of your eyes can make you panic somehow and lead you towards the wrong decision on the live account. Quote
Gee Dee Posted June 30, 2018 Posted June 30, 2018 There are often nerve issues related to the live trading when compared to trading with demo trading accounts. The reason can be many. Traders feel free when they are trying to practice trading with the demo trading accounts. In case of live trading there is a greater difficulty to handle emotions or accept failures. But practice with demos can help forex traders gradually to handle live accounts in efficient ways. Â Quote
Michael Butcher Posted August 2, 2021 Posted August 2, 2021 I suppose a demo account can help you understand whether a broker is right for you or not. But I strongly advise you to study all the information about brokers in order to understand whether you can trust them. You can surf the net and read this information. I can recommend u one site which calls Finarm com. It's pretty convenient and can give you some insights. You can visit it and learn all necessary information. Quote
e_abrams Posted August 4, 2021 Posted August 4, 2021 I think demo account is enough to figure that out. With many brokers, the demo account often performs better than the live account - it happens even with properly licensed companies, unfortunately. Quote
FXOpen Trader Posted August 16, 2021 Posted August 16, 2021 On 8/4/2021 at 6:46 PM, e_abrams said: I think demo account is enough to figure that out. With many brokers, the demo account often performs better than the live account - it happens even with properly licensed companies, unfortunately. I started learning about the Forex trading with the help of the Demo Trading accounts. Quote
Vaabum Posted October 24, 2021 Posted October 24, 2021 The main advantage is the ability to learn, and at the same time - not to lose money! Quote
boltushkin Posted October 24, 2021 Posted October 24, 2021 I guess it's because of slippage and tight spreads. On my live account with Hotforex I get same spreads as on demo in average but sometimes there are spike in spreads which I try to avoid. Quote
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