Demo vs Real

[lax]

yes of course.You cant directly enter Live trading without any practice or experience.
I advise newbies to trade in demo for atleast 3months successfully and after they make constant profits they should enter live account.

[lax]

Yes many newbies dont care about lose in forex.They dont trade efficiently and finally they open real account and lose everything.
So all the newbies should try to trade with little care and emotion.

[maliknas]

Demo account is very good opportunity for beginners to learn forex and every newbie should avail this for at least 2-3 months. Real trading is so much exciting because we have real profit and loss in it but it is too much dangerous to start it until we have a successful trading experience in demo trading.

[lax]

yes.But still many newbies dont trade seriously with demo.They just play with it.
So my advice is start a cent account and deposit some small amount like $1 0r $2 and start the trading.So that newbies will experience feel of real account.

[shinde]

yes you are right.because newbies in demo they wont trade with consciousness so they wont care to cross the MM rules or they wont worry about losses.They just play roughly for 6months and finally they will think that 6months over so real now.but the fact is after 6months in demo,the strategy should be a good one so that in real it will work.

[shinde]

yeah right.Cent account is also a good choice.In cent account we can learn about the live trading and also feel it whereas in demo we cant.And in cent account the loss wont be high,so it will be affordable to lose.so deposit $5 in cent account and start trading.

[dickvr46]

demo is the basic for newbie and cent or micro is the place where they can get more experience and when their experience level grow then come in real forex with handsome amount but before that this two steps are necessary i think .

its basic of forex i think and first time every newbie should keep in mind about this and i think you are correct about this. actually demo give us some primary knowledge when we very newbie but to learn more concentration we need after demo with small amount in real.

[forexman]

i think there will be some difference while trading in both.if we lose money in demo we just leave it and open another but if we treat your demo account as real account and trade you can know the emotions and all other things involved in forex

[sarwars]

I think a trader takes demo account seriously and treats virtual money as his own money and then practice accordingly and actually demo give us some primary knowledge when we very newbie but to learn more concentration we need after demo with small amount in real.

[dickvr46]

Actually in demo there is no fear and emotion not "much fear" i think and its the great instrument for learning for newbie who have not any experience of forex and its also very good for experience trader to test their strategy but its true when there is no real money then sure there less concentration but if we have learning mentality then demo is best.

I am agree with you . but i think all newbie trader must be used first demo because of some basic learning and after few days its better to use real (micro or cent ) with small money and sure it will give more concentration when playing with our real money.