I think that a demo account and a real account is same. The main deference between demo account and real account is a demo account money is virtual money and a real account money is real money.
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I think that a demo account and a real account is same. The main deference between demo account and real account is a demo account money is virtual money and a real account money is real money.
It is very useful for demo before newby decide to trade on a real account. If we can make consistent profits in the demo account, you can start trading on real account. demo account to find out how we can survive in forex.
Demo account is one of the best account in which you get virtual money to trade and by trading on that account you have to make a strategy which will provide you consistant profit. and it is the vitual account so that if you lose then you will not be panic.Quote:
Originally Posted by aquddus
That is my point, there should be a price to challenge teh trader;s emotions. Otherwise, just trading virtual money won't cut it.
Demo account use when we have need to more learn and practice to develop our skill, other side real account is that account where we can trade in real money to make more profit. demo account is use only for practice and real account is use for earn money.
I personally prefer the demo account at the beginning, because it is more than necessary for both the novice.
Valambtdi can not bear big losses caused by price volatility, and especially since the majority of beginners have small capital is not enough to cover all those losses.
On this traffic must first demo account before entering the real account.
Demo trading is a very important for every forex traders,it is a suitable practice plat form to every forex beginners traders,it is a first stage of real trading,by achieving a lot of trading experience we can enter in real trading.and there is no basically different between demo trading real trading system.
in my opinion, the demo account is very important to make a backtest EA, for those who are more interested in trade with the robot, or to perform backtest the strategy to be implemented, for example, martingale system, it is necessary to make research on the demo account,
demo account is different than the real account because the real account uses real money and that is why
it is painful if we make too many losses in the real account but demo account is different...
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