Why should I trade using a demo account?

[sininfinity]

Demo account as early preparation before trader start in real account, certain trader he willingly to spent time learning in demo account more than two years because he won't to losing later in real money.

Loss will always be there. The thing is among those profits and losses whether the trader can make profit or not. One can not be right all the time. And that should not be taken lightly.

 

[Nezami]

In Fx trading, Demo trading can be the great source to learn Forex in a proper way in particularly for all basic fundamental knowledge which is very supportive to continue live trading for a long time. But, we the traders especially the newcomer’s don’t believe the important of this trading place at all.

 

[sininfinity]

Yes indeed loss also as part in trading wich sometime inevitable, and as trader also need pay attention with the risk in trading, which they must trade based on risk management with using stop loss to manage the risk

Agreed. Risk management is one of the first things a trader should work on. They must not forget that they have to save their capital and for that they need to maintain their risk so there can be a tomorrow for trading.

 

[Pill Head]

Demo Trading gives you the proper experience related to the Real Market. You could learn through Demo and that too without the risk of losing money. Thus this is the reason why you should do Demo.

 

[Pill Head]

Yes actually demo market condition remain same with real market condition, only different server usually, and practice in demo actually very important for newbie to learning purposes, many trader can't maintain account more than six month and will good newbie at least practice for six month

Yes Of course, a good practice of Demo can make their trades better and also can increase their chance of making money in live account, id they take it seriously.

 

[Pill Head]

Very good way to learn and practice using demo account, I have seen certain trader they willing to spent time using demo account more than two years because he won't get fail in real account

Yeah...! The more Demo Practice make them more experienced and get them knowledge and skills. Many experienced trader also do Demo Practice sometimes to make themselves more better over their trades.

 

[Pill Head]

Yes sometime although experienced trader they also willingly to spent time on demo account if they want to backtest any new strategy and system trading, of they might like take part in demo contest

Yeah and that is why they are called experts, we should never think that we know everything, even if we do, that separates us from the amateurs.

 

[Pill Head]

Demo is required to understand the basics of Forex and also it is very good to learn about the market as no risk of losing money is involved.

 

[Pill Head]

Indeed good for first learning, but eventually as trader they will use real account to making real money, but before start in real account make sure if in demo account already having good understading how to trade

Yes, of course. TO earn you will need a Real account, but it is better that you learn first, else you won't survive in the long run.

 

[Pill Head]

Usually will different treat on real account compared with demo account, especially about emotion which in real account is important in real account, we must learn control greediness in trading and also risk management

Yeah...! Demo Trading is good, if only done seriously. But to earn money, we need to deal with the real account with real money, as we can only learn through the Demo but not make money.

 

[Pill Head]

It will good if we can trade in demo seriously, but usually trader practice in demo not serious and just for fun because if loss hence only virtual money, and will good if although in demo as trader also having mindset for learning purposes

Yeah...! Demo Trading is only beneficial if done seriously and if we don't do it, we may end up losing all our money in real trading.

 

[kxforexmart]

Traders can learn many new things from the demo account practice and for that they have to practice in demo if they get any new trading strategies as that can give them the new ideas to trade .

 

[Pill Head]

Will good learn in demo seriously, how to trade with risk management and money management and also learn system trading and finding profitable strategy, but will good also if then using real account to built up better psychology trading

Demo Trading is only beneficial if it is done seriously. If we believe that we are trading in live account while trading with Demo, then we could just learn a lot about trading.

 

[Pill Head]

Yes if any trader without seriously using demo account hence they can't get valuable lesson from these experience, but if in demo also learn how to using risk management and money management fully discipline hence will good later on real account

Demo is the best way to learn Forex, and a good practice of couple of months will lead the trader to the route of success, if they follow it seriously.

 

[kxforexmart]

When we trade in demo first we get the real confidence and can grow the experience in a perfect manner so that we can face all the problems of the market with ease.

 

[Pill Head]

Demo is the best way to learn about Forex Trading, and you don't need to worry about the loss of money.

 

[kxforexmart]

Traders should use demo accounts because we can learn a lot from this field and can use it as a studying platform to increase the trading ability and experience and like that slowly we can increase the pips target

 

[Pill Head]

Demo is the best way to gain knowledge about the Forex Trading, only if you do it considering it as a live trading, else you will lose it all.

 

[blackdiamond]

Demo is an essentinal thing for every new trader, if a broker could offer same trading conditions between demo and live, I think I could make hundreds a year.

 

[Pill Head]

Demo is the best way to make some good money online, as it teaches us how to deal with the real account, and that is what help us in earning some good money.