Demo account trading is must in my view.

it is true before we plunge into a real account would be helpful to have mastered a strategy which we have tested the demo account and after we are comfortable with the strategy we have just jumped into the real account is to anticipate our losses are too much later

I'm very agree with u , demo account is necessary step for beginners to learn forex trading , but i still say it is not enough , the trader must control his emotions and see all news about the signals which can affect it , he must determine his strategy and work with two plans A and B the second is for limiting the loss , at all i think it is a difference between the demo and real account and the beginner should start his trading by account with at most 20$ to learn first and not to lose much money

demo account is big help for all traders to gain a lot of experiences in many different conditions of market and any different strategies. And also, there is no risk at all in demo account so we can trade without losing our money at all.

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Originally Posted by Jazpa

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.

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mujh yah samjh nhi ayta hai kay hum jab demo account use karta hain tu humaaya had say zayda profit milta hai lakin jab hum real account use karta hain tu humaya sirf loss he loss hota hai mujh samjh nhi ayta hai kay aysa kion hota hai.

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Originally Posted by Jazpa

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.

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obviously demo trading needed for making strategy testing indicators or newbie for knowing the market move ..but when u are not stick with any rules or strategy then no plan will works in demo ..those who are practicing demo seriously they never failed in real actually

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Originally Posted by efendz

I think it might be less effective because it does not teach us in the regulation of emotion, and it certainly does not produce anything we want what we need ..

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its true there is no emotion involved in demo account while we trade like real but still its very very necessary for newbie trader to understand forex without any risk and for experience to test their strategies . so no less importancey of demo account from my view point.

as i know demo is dream.demo is arms of forex trading to trade real forex trading.who , trying to demo regularly then sucess will come back near his/her own door.so , spend your time to trading demo.

kuch log demo trading ko worst samaj ta ha.ledkin trading experience hasil kadne k liye demo trading important ha.kas tor se naye traders k liye bahut important ha.agar aap demo trading pasand nehi kadte ha to intaforex contest ma part le sakte ha.

Yes....You are right.Demo account practice is must needed for every trader .It is very important for the trader.You will be experienced and successful trader if you practice in demo account more.It is the key of success i think.

Demo account bahut hi use full hai kyunki jab bhi hum trading start karte hain toh sabse pehle hamein demo account practice karne ki advice di jaati hai taaki hamein trading karte wakt koi loss naa ho.Demo account account mein loss hone per kuchh fark nahi parta kyunki demo account practice ke liye hoti hai.anek baar use karne ke baad hi hamein real account mein practice karni chahiye.