I think its important to consistently get good returns on a demo account first
How long did you trade demo before opening a real account 31 replies
Alpari demo account, is it in real real time? 26 replies
difference in real prices on Demo and real micro account 10 replies
Any MIG users? Different candle close times between MIG demo and MT4 demo? 9 replies
IBFX changed their demo policy, where can I get an unlimited demo? 9 replies
DislikedI think its important to consistently get good returns on a demo account firstIgnored
DislikedI really appreciate demo trading for all kinds of traders especially for the newcomers. My trading career I always use high leverage in demo as well all my trading strategies to see the reaction how works leverage and my strategiesIgnored
DislikedDo you think you're getting realistic results if you're using such leverage? That is, if it is different from the leverage you use on a live account.Ignored
DislikedObviously, there are two sides to this issue. I am going to take one side of the "no demo" argument. One of the few advantages to spot forex is the fact that one can open an account with some brokers with a little as $25.00. Now let's assume you are like a lot of people and spend $5.00 a week day on a Latte from Starbucks. 5 x 5 = 25. So that’s $25.00 a week. There are roughly 4 weeks in a month. This gives us 4 x $25.00 = $100.00 So if you forgo a months worth of visits to the coffee shop, you can trade live with an amount of money that wont hurt...Ignored
Dislikedyes, demo is a very important step before real trading, demo helps you test your strategies, monitor market reaction to news without actually loosing your money. but do not take demo profits for being ready for the real market.Ignored