Yes trading demo account is as it is very important for a trader to back test their strategy to achieve the desired results. If there is any flaw in the same it can be corrected and a merchant will not loose real money for the same.
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Yes trading demo account is as it is very important for a trader to back test their strategy to achieve the desired results. If there is any flaw in the same it can be corrected and a merchant will not loose real money for the same.
in my point of view, demo account is so important to be successful trader in forex. because we got to know much about trading here before we start a real account. so i think everyone should go through the process of demo account first before real trading.
It is truly compulsory that a forex trader must first go through the demo account before they go to the live accounts. In the demo, we are able to develop ourselves with good trading strategy that we would apply in the live accounts.
Demo is useful for testing purposes. trading in demo and real accounts are different. A new trader as when he forms a trading strategy he needs to make sure it then he use a demo.
yeah very true indeed good trader must have a minimum experience in the demo account is good about the technical problems with this then we will make a profit when we already have the experience and skill .....Quote:
Originally Posted by gonesh89
That is a great idea what i have to say you. This is far more better than any other strategy ti trade in Forex market. Also there are a lot of brokers now they offer demo contest with real money prizes. so you can try for it.
Demo trading is urgently needed in forex practice, with a demo account, then many of the newbie who find it helpful because it can be properly trained in the account. I was initially the same, practicing on a demo account, until I understood how to run this business well.
demo account is must in my point of view also because through it you can understand the situation of the forex. you can know that how and when to invest money.its so important.
Demo account trading is good for every one , because demo account makes us mature for forex trading, so i am supporting demo account.
demo account is important and in need not only beginners but a senior trader was still using a demo account to test new strategies that they dapatkan.untuk beginner is an exercise demo account trading, how to use mental strategies and to train us so that when we're ready for real account and was not surprised anymore.