Please take a look around, and feel free to .
Obviously, they see and skip demo trading perhaps they are excited or ignoring the basics and rush to have real trading for their aim of huge profits. Demo account is used for our testing and to devise our trading strategy. Without preparation we are bound to fail.
Obviously, they see and skip demo trading perhaps they are excited or ignoring the basics and rush to have real trading for their aim of huge profits. Demo account is used for our testing and to devise our trading strategy. Without preparation we are bound to fail.
Yes, thats true. You can get all the practical training at Demo account. It will help to understand all the prospect and utilization of real account without any cost.
I still wonder what those who say they prefer the mini account to the Demo see to make such preferences. In the Demo account, you have higher chances of playing around with your trades in a bid to develop strategies and you are sure you have nothing to lose afterall while those few cents that you lose in mini accounts accumulate to give you some avoidable losses.
It is not as if they prefer the mini account to the demo account but in real sense, the demo account is free and has no emotional effects while trading with it. But after dealing with the demo and on coming to the mini account you can get emotionally disciplined.
That then becomes a personal thing and it is something the person affected should always deal with. I feel it is that which we do to ourselves because for me, If I think this is a learning platform, I will hold on to it and take it as serious as if I invested my money in it because failure is failure and it has a way of demotivating someone.
That is not personal due to when you have to think twice about it then you will see that it will help on developing fast a newbie both emotional and otherwise. I have even seen many posters at Fxfred recommending that to beginners.
I mean if you consider the fact that some feel there is no emotions attached to the Demo account. I just do not see the Demo account as only a learning platform but a trading account as well filled with all platforms, charts and concept of a real account.
Well, I think that holds a greater percentage of the solution. While certain people think that the Demo account doesn't hold water and shouldn't be taken so serious, people like myself will still keep it to high esteem.Every human being does everything to survive in this world. But you cannot say that all the human being survives at same pattern or way. Every person has his own characteristic. If few person doesn't take demo account seriously then that doesn't mean that all people don't take demo account seriously.
I still think that such traders who will exhibit that carefree life may as well do such with bonus and cent accounts.It is just about being honest here, yes the demo account is close to being just like the real account but unfortunately the demo account runs of virtual(non real currency) which will make any trader that practise or trades on it trade with emotional carefree simply due to the fear of lossing real money isn't there at all.
Well, I think that holds a greater percentage of the solution. While certain people think that the Demo account doesn't hold water and shouldn't be taken so serious, people like myself will still keep it to high esteem.
I still think that such traders who will exhibit that carefree life may as well do such with bonus and cent accounts.