Demo account trading is must in my view.

[shinde]

demo account is best option for gaining basic knowledge and experience....but for real market experience we need emotions ..and demo hass artificial money so we cant learn completely and for this we need to learn frrom live trading then demo

[donofforex]

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.

han bilkul demo account trading must ha kioun k es se app pehele sab kuch seekhtey hane main ne bhi real trading main ane sepehely demo trading ki thi esi liye main to demo trading ko must he janta houn

[anubhavsingh]

Also demo account gives us opportunity to test our psychology as to how we react and behave during different market conditions and also how we react to losses and if we are able to control our emotions or not.

kayi log is baat pe bahut argument karte hai ki demo account ki kya zarurat hoti hai forex me
me kayi saalo se logo ko 1 hi baat samjha rah hon ki demo account ki bahut importance hai forex trading me..yaha tak ki 8-10 saal experience wale log bhi demo account ko sath leke chalte hai jisme wo log apni stratgies try karke fir real account me apply karte hai..demo accopunt ki importance ko kabhi bhi kam nahi smajhna chahaiye

[dmambi]

I sometimes believe that demo accounts are also not so good in some cases. Most of the traders while trading in demo accounts do well. The money is fake, so there is less pressure in those trades. But when trading in real accounts, there are more pressure. So demo accounts do not seem to be effective in all cases.

Demo accounts have there own purpose in Forex trading and also the limitations. so we should understand them and use accordingly. Demo account is only for practicing the Forex trading and learning about the indicators and different strategies. but one can not get the psychological training here, but still demo account helps a lot to become a good trader.

[cumil]

yes demo trading is a must because newbies can learn the basics there. they can trade how much they want without losing real money. it is the first step in learning forex trading so we must take the first step. if we skip demo and enter real money, then it is wrong and we will lose money.

for me demo account is very useful, because I can practice with the demo account, I think the Demo Account provides an opportunity for us to be real but trading using virtual money. So that we can use to test the ability of first and the methods we use.

be sure to test it in a long time range between 1 month to 6 months. then after that if has managed to profit by consistently then raise with a live account.

[bestlooser]

Earning a consistent profit is a difficult job in forex trading just because of our bad habits of greed, over trading, trading big lot size and trading against the trend.
If we do proper demo trading for 4-6 months and learn the basic rules of forex trading and act upon them then there is no reason to fail in Forex.

yes only those people can get long term success wo are firm and discipline who are not panicking in different situation and who always follow the basic and who are careful all time because one mistake can give you defeats and big losses so we jsut have to be descpline in forex.

[jadhav]

yes demo trading is a must because newbies can learn the basics there. they can trade how much they want without losing real money. it is the first step in learning forex trading so we must take the first step. if we skip demo and enter real money, then it is wrong and we will lose money.

[nikam]

I sometimes believe that demo accounts are also not so good in some cases. Most of the traders while trading in demo accounts do well. The money is fake, so there is less pressure in those trades. But when trading in real accounts, there are more pressure. So demo accounts do not seem to be effective in all cases.

[furiya]

as a newbie, practice at demo account is very important to do. to learn from zero till we know what is forex..but if we think that we are ready to open real account so why not to try?this is a good moment that we have to know the condition of real account, but we still have to be careful so the good way is open micro account or cents account...
and we will feel that real account sometimes me us nervous

[jadhav]

of course, without some experiences about trading and when we did not know about forex, we should try it at demo account...we do not know how long we have to practice at demo account and because every body can learn it with different time, maybe one hours, one day,one week or more...and if we ready to open orders at real account so just open it soon but make a wise decision with open micro or cent account first, this is very important to do and safe the money too