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Thread: Demo account trading is must in my view.

  1. #180
    Member muhammadatif is on a distinguished road muhammadatif's Avatar
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    Yes my dear brother I am 100% agree with you. Demo trading account is must for every trader when he starts this business because training is must in every field and demo trading account provides us a good training about forex trading. This market is too much risky.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  2. #179
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    Quote Originally Posted by nirale View Post
    t think demo trading is an essential part for the newbie trader, but they should not demo trading too long... other wise they can not feel what it likes to real trading. demo trading after sometime they can shift to mini trading account.
    demo trading is must but not for too long time..
    demo trading is done for 4-5months for getting some knowledge about forex and their movement.
    of we are doing long long term trading demo trading then its also bad for trading.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  3. #178
    Member adahidayat will become famous soon enough adahidayat will become famous soon enough adahidayat's Avatar
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    no one can refuse the importance of demo account...because when someone even learnt forex, then he needs to practice it on demo and learn well that how to use demo account effectively...everyone should learn it fully that how to open positions, how to use take profit and stop loss and also try use different indicators, signals, EAs on that....so then can start to trade on real account...

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  4. #177
    Member forexman is a name known to all forexman is a name known to all forexman is a name known to all forexman is a name known to all forexman is a name known to all forexman is a name known to all forexman's Avatar
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    i think demo account is must for practicing trading as in demo you learn how the market conditions will be?and how much you are winning?and it really teaches well but you said consider it as trading with real money then only can succed in learning more

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  5. #176
    Banned aadrika is on a distinguished road aadrika's Avatar
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    Nirale, there is nothing wrong with demo trading for a long time if the newbie wishes to do this. The longer you demo trade, the more familiar you become with the system. This way you are so conversant with trading that when you use a live account it feels to you that you are trading on a demo, only with less equity. My advice for demo trading is that if you wish to invest $300 in forex trading, then you should demo trade with $300.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  6. #175
    Junior Member narender24 is an unknown quantity at this point narender24's Avatar
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    ya bro demo account is must coz it give us very good idea about forex it all like real accpunt but we can't loose money in this coz we havn't deposit our money so we should start demo first before come to real one..!!

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  7. #174
    Banned aadrika is on a distinguished road aadrika's Avatar
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    Quote Originally Posted by Jazpa View Post
    We all have idea about how risky is forex trade. So without preparing ourselves, jumping to real trade will be too fast. This can be very fatal and we may end of suffering huge loss. We may even get bankrupt. That is why we need to trade with demo accounts first. It will give us perfect education, concepts and experience about the trade so that when we go for the real trade we don't have to panic and lose everything.
    Though the demo account is a must, it does not prevent panic when trading on a live account. There are psychological differences between trading on a demo and trading on a live account. These differences should be taken into account. The demo account is there to teach us how to navigate the trading terminal and also concentration and discipline while trading. Nobody wants to lose, even when playing a game. Demo trading is like a game of money and you have to learn the ropes to win. It becomes a psychological game of emotions when real money is involved.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  8. #173
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    trading with demo account for few months will really help your trading skills and also you get lot of knowledge about trading and i think as you said it is a must for anyone before starting to trade with a real money

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  9. #172
    Senior Member bestlooser will become famous soon enough bestlooser will become famous soon enough bestlooser's Avatar
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    Quote Originally Posted by nirale View Post
    Practicing in demo account gives you idea about the markets and its movements and a trader can practice his strategy and test it properly and also a trader can practice all trading style before finalizing one style.
    just try the demo and you will see the difference in your live trading and we are not just saying you follow us because it will definitely give you some positive effect on your trading and I am sure you will enjoy demo and when you go in live trading then you will have some idea about market.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #171
    Senior Member shinde will become famous soon enough shinde's Avatar
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    Yeah ....demo account has many advantages ..but in a real trading there is emotions and greed ..but if we are learning frm demo then we could able to learn basic but real trading starts when we enter in real market with real money...so for effective trading demo is must

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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