DislikedDemo is just a tool to practice before trading and live account is where the real trading happens. I've been trading with Demo tool for a few months now and I'm still not confident enough to trade on live.Ignored
Alpari demo account, is it in real real time? 26 replies
difference in real prices on Demo and real micro account 10 replies
How to open demo account with Alpari-demo? 3 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
DislikedDemo is just a tool to practice before trading and live account is where the real trading happens. I've been trading with Demo tool for a few months now and I'm still not confident enough to trade on live.Ignored
Disliked{quote} Thank you. Demo is like training. I see no reason why should anyone compare it with a real account.Ignored
DislikedI personally feel Demo Account you wont feel the emotional feeling you get when you trade with your hard earned cash. You can trade demo account for few months to test your forex strategy and see if it works. Once your confident, you can open a real account with minimum leverage and use the lowest lot sizes like 0.01. Once your make consistent profit, you can gradually increase your size.Ignored
DislikedThat's pretty common I think. The reason is simple we put heavy pressure or emotions in live account which leads to failure in live. People need to remember that we need to be emotionless to trade like in a demo. It's pretty hard but with practice it should improve.Ignored
DislikedThat's pretty common I think. The reason is simple we put heavy pressure or emotions in live account which leads to failure in live. People need to remember that we need to be emotionless to trade like in a demo. It's pretty hard but with practice it should improve.Ignored
Disliked{quote} in reality , you cant control the motions level at al even though you have most powerful analyzing trade knowledge.Ignored
DislikedI think demo account is necessary for learning the little intricacies. Especially in the beginning, just being able to use the platform and make a lot of stupid little mistakes without it costing anything.Ignored
Disliked{quote} Exactly. Learning the platform itself takes time, there's no point in losing money because one doesn't know still what each button does.Ignored
Disliked{quote} I completely agree. You have to fully grasp the operations of the trading platform before starting to trade with a real account. You can make plenty of mistakes with some of the platform’s tools and features unless you are quite familiar with them and practicing on demo comes mighty handy in this.Ignored
Disliked{quote} Exactly. That is why I don't get people who say "Oh, just start on a micro account."Ignored