Mary khayaal main newbie ko ziada say ziada time demo account main hi dena chahiye kionkay real account main trader par pressuer parh jata hay aur wo apne trading skills say sahee trah seekh nahee pata pressur ki wjha say.
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Mary khayaal main newbie ko ziada say ziada time demo account main hi dena chahiye kionkay real account main trader par pressuer parh jata hay aur wo apne trading skills say sahee trah seekh nahee pata pressur ki wjha say.
sab say jo aham point hay demo account par practice karny ka wo ye hay kay traders ko demo par general practice ki bjay kisi aik par par trade karna chahiye aur us pair par full experience hasil karna chahiye jisay wo real account main trade karna chahta hay. Aksar traders kisi aik pair par ziada dhayan naheen detay jis ki wjha say un ko real account main loss hota hay.
You are right and this is the biggest mistake due to which demo trading for most of us is not so effective. We should try to develop some feelings and emotions while doing demo trading. We don't learn in demo trading because we don't take interest in it. We should learn from children who take more interest in their games than we beginners who are not taking much interest in our demo trading.
Yes many newcomers don't worry about lose in foreign exchange.
It normally won't trade effectively and lastly they open real account and lose everything.
So that all the newcomers need to do business with little care and emotion.
We can avoid that fear by trading in real account with small lots. If we trade with small lots and avoid over trading and trading against the trend then we can achieve the best results. I was losing form last two years, the reason was big lots, over trading and trading against the trend, but from last two weeks I am earning a small but consistent profit.
Demo account is the best place for learning the basics of trading but the biggest problem with the demo account is the absence of the psychology of real account. In real account we have entirely different feelings and psychology. Demo is also better for testing new strategies.
Demo mai aap ko pta hota hai k agar loss hoa bhi to is ka aap per koi effect ni hony vala. Isliye aap mai real spirit ni hota trade krny ka. But jb aap real money k sath trade krty ho to aap ko apni hardly earned money k loss ka dar hota hai. Jis ki vaja sy aap sometimes profit ki opputunities bhi khoo dety ho or fear ki vaja sy wrong analysis bhi kr skty ho.
in addition to practicing in a demo account you can determine the performance of brokers is to try all the amenities and a variety of things that can be supported in your platform and this is what you should do before selecting a broker
Buying and selling in demo is extremely helpful for any beginner and often experienced traders use demo for that checking of the methods.
The actual buying and selling is essential for any trader as his primary objective is to generate money.
Before real buying and selling we should learn in demo and really should test our methods in demo too.