I first Demo account first then I come in Real. But I have not found any remarkable differences between Demo and Real.
The only differences that in Demo money is virtual and in real money is real.
I first Demo account first then I come in Real. But I have not found any remarkable differences between Demo and Real.
The only differences that in Demo money is virtual and in real money is real.
I find that the demos accounts is the best tools to practice son all situations in the markets and how to deals with it and also it is attractives tools for all the beginners to learns the forex for free with lives prices,,
when i begin forex i learnt trading using a real account. And i use demo account for testing purposes only, right now also i m using a demo to test an EA. I wont elaborate much on the topic. learning on demo is like learning to drive a car using a video game and learning real account is like actually holding the steering in your hands and learning to drive. Which one is better is up to you
therez no such big difference but the real difference is about the mindset of the trader...in an all demo accounts tends to lead u to a different mindset as the money there is virtual and u r not much in a risk of losing ur capital...in real account once the money is gone then it is gone really not virtually so only mindset changes strategy doesnt
As i know the exclusive difference between demo and true account in demo account we understanding with realistic money and in concrete account we pile with concrete money. Patch trading in demo sometimes we feature no fear of losses but in realistic account we hold a fear of losses. The exclusive end of demo account is to chequer and endeavour your new strategies before implementing them in true market.
But that is not really a big difference. If you play with demo account and use it like you are doing the real trading then your learning will be secure. You will only have problem when you are playing the demo account as a toy and not important, then you will not learn with it and it will be feeling different from your real account trading.
you will find simply no standard variation involving demo account and real account. the movement and market development can be similar inside both, but your goal for trading will change. however tryout trading a lot important.
one system can indeed be incompatible with the character owned trader ..
but there are still many other trading systems, we should just be able to find it, and we could test it on a demo account without risking real money
As my consideration demo account where we larn the trading system, virtually placement, justice and the margin in balace of trade market, are concrete account is when we commit money for trade. demo account is the must for beginner in trade