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Additional Username
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Joined Apr 2018
|459 Posts
besides using strategies , we can use high leverage in demo to see the real performance how it works. this approach can be supportive for avoiding unfortunate risk and losses when trading in a real account.
Hey i'm new to Forex i like to trade on Crude Oil mostly and Gold i'm praticing on a demo account on GCI at the moment i started yesterday here is my results tell now
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if you can't make profits on demo you wont be making them live.
{quote} its a complicated issue , but there is no one who can avoid demo account when beginners level , its a real trading session before live account.
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One can use a mini account from the very beginning, it's not like anyone would stop them, but it's not an advisable approach.
Any experience you can take from demo trading but you have to trade in here with great concentrate, otherwise it can be useless.
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Well said, demo will be useless indeed if you don't trade on it like live account. Consider it live account while trading, only then you will be able to take experience from demo account.
{quote} Well said, demo will be useless indeed if you don't trade on it like live account. Consider it live account while trading, only then you will be able to take experience from demo account.
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We can’t trade seriously in demo as like real account , actually it’s all about psychology , nothing without it. there is no emotions when we trade in a demo , for that reason we trade here at random most of the time and finally got nothing from here.
{quote} We can’t trade seriously in demo as like real account , actually it’s all about psychology , nothing without it. there is no emotions when we trade in a demo , for that reason we trade here at random most of the time and finally got nothing from here.
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You are right it’s all about psychology, but if someone seriously wants to take experience before diving into the real trading world, then nothing is better than demo account.
yes, there is no different between demo and live , its a different just psychology.
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yes it is, we cant avoid this issue , its a common human nature but if we can be concentrate in demo there is a chance to acquire real trading knowledge from here. it depends on your own desire.
{quote} You are right it’s all about psychology, but if someone seriously wants to take experience before diving into the real trading world, then nothing is better than demo account.
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I have seen in order to my trading experience , generally we become profitable by our trading strategies in demo account but when kick off a real account the experience we tool from demo now works , it’s a psychology , nothing without it.
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Additional Username
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Joined Mar 2016
|641 Posts
its a common problems , when trading in demo we keep relax , because there is no chance to lost money and no emotions work that time, so we feel free and trade easily , but in a minimum cent account we cant avoid emotions , its a reality , so try to be smart in live trading even though some losses can happen.
Demo gives us nothing at the end. What you gain out
Of it at that particular time is $0. That is a fact. Period.
You think you gain patience, psychology and money
Management out of demo.
But the real thing is real pain. You need to feel heart pain and real pain from the real deal. Can only practise and feel
Real pain. Then will learn how to defence as time goes.
You be more experience and not hurt.
I proposed $1000 for average newbie to feel some pain.
yes, there is no different between demo and live , its a different just psychology.
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Isn't this inaccurate? With demo, you're not fighting the issues of liquidity that exists on the live markets, correct? I mean, will a demo account artificially mirror slippage that happens on the live markets?
