Do you like Demo trading ?

[Pentapolis]

I prefer demo trading when I have learnt something new. I believe that it’s best to test your newly learnt knowledge before applying it to the live market which can save you money in return.

 

[Merycism]

Yes, demo trading is an excellent way to practise and learn about real-world market conditions. It is a great way for novice traders to gain experience in the market without having to risk any real money.

 

[GioMiller]

Everytime I learn something new, I first backtest it on a demo account to see how it works and then apply it to live trading. So, in this way it helps me to minimise losses in trading.

 

[FXOpen Trader]

Everytime I learn something new, I first backtest it on a demo account to see how it works and then apply it to live trading. So, in this way it helps me to minimise losses in trading.

We can easily learn trading with the help of the Demo accounts.

 

[Hamarchy]

A demo account is a useful tool for practising trade execution and strategy testing without having to use real money. To find out what works and what doesn't for you, use a demo account to consolidate all of your learning. You will have a deeper understanding of the market as a consequence of this testing and experience, and you won't incur any losses while you view the market directly. Because there is no financial risk in demo trading, many beginners do not take it seriously. However, those who approach it sincerely will eventually achieve profitability.

 

[Mateox_28]

Yes, so far liking the demo account. Will soon go live.

 

[BinarySumo]

Even though demo trading is trading with fake money, it is still trading in some way. So, if you can’t demo trade seriously, you can’t trade well during live trading. That’s what I think!

 

[Trang01]

Indeed! I like demo trading as it helps me a lot to learn the technical aspects of platforms.

 

[Eduardo Lucchese]

I don’t keep myself apart from demo trading because it works as a bar to retaining my trading experience in me.

 

[Oscar Shumack]

Control your mind while trading because mind is sometimes positive and sometimes negative. Always keep in mind that loss if a part of every business.

 

[Alexander Hudson]

95% traders are failure in Forex just because they don’t have sufficient trading knowledge and their trading makes no sense, meaning they mostly rely on unrealistic trading.

 

[Oscar Shumack]

I always recommend traders to go for ECN brokers because these brokers are customers-dedicated. Take advice from those who are already using a broker and know about their service quality.

 

[Eduardo Lucchese]

I want to stick to demo trading as long as I stay with Forex market. Demo trading helps a trader retain his trading experience for a long term.

 

[Eduardo Lucchese]

Excitement makes us unstable in forex trading. Analyze the market proper and take logical decision to reap gain on the market.

 

[SaadBinToha]

Technical knowledge is essential for trading but fundamental knowledge should also be accompanied with it.

 

[Alexander Hudson]

I like demo trading because I know it helps a trader form his trading. For the betterment of our trading, we should stick to demo trading.

 

[Eduardo Lucchese]

I think demo trading is compulsory for traders because it helps traders both earn knowledge and retain experience for a longer period of time.

 

[Oscar Shumack]

Actually, the question shouldn’t be about liking and disliking rather we are bound to trade on demo account for the betterment of us. Demo trading helps us rectify our trading mistakes.

 

[SaadBinToha]

Technical analysis can help you catch the market trend and fundamental analysis can help you predict the market condition.

 

[Eduardo Lucchese]

There is no way to leave demo trading because it helps traders strengthen the basics and retain experience for a long time.