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Thread: Demo versus Real trading
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06-17-2013, 07:29 AM #16
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Well in my point of view both demo and real trading is necessary for the traders because in demo we can practice and make mistakes as much as we can but in real if we make mistake then we only will suffer. If you learned as much as possible about trading and applied to demo account what u have learned then u come to the right track. Well both are better real as well as demo account for trading.
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06-19-2013, 06:40 AM #17
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both of them are useful and serves different purposes of learning forex. if any newbie wants to start applying the theories they learned so far it would be best to using demo account. but, if they want to learn faster off course the real ones should help the most. because by doing the real trading they have several emotions involved, this way theyll learn faster than demo
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06-19-2013, 08:25 PM #18
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demo trading is the best option to practice and every trader should keep on practicing in the field of demo trading because this is the best field in which we can make mistakes and correct our mistakes and apply our knowledge without losing anything. in real trade field we face rel losses therefore it would be always better to practice in demo before coming into real because it contains a lot of risks and real losses
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06-19-2013, 10:25 PM #19
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I always suggest traders to take the advantage of the demo trading because demo trading will surely help many of traders to learn many things all the time and they will be making them self free to trade with real account . I always suggest traders to take there demo trading seriously as if you are trading with the real trading account . If you take your demo trading seriously then i am sure that you can make your self comfortable with real trading .
This days demo trading is not only used for practicing but we can test the trading strategies and the robots that help us to trade . So we are really very lucky because we all have demo accounts and we should make use of them .
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06-19-2013, 11:34 PM #20
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They will surely learn things in demo and that this will become the first stage of having the actual trading thus, gaining trading experience in Forex even that's only for demo, but what we trade here is the real market so, we are also trading in real situation. Commonly, the purpose of the demo is to have the our trading strategy and will test it or evaluate it. Then, the real trading will test us in our emotions and how we really decide on our trades.
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06-20-2013, 10:54 AM #21
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In order to be successful in real trading its very much essential that the trader keeps on gaining knowledge and keeps on practicing, and demo trading is the best platform where we can get practical knowledge about trading without suffering losses. therefore practicing in demo is very much important and also practicing in demo gives us experience which is quite important in Forex.
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06-20-2013, 01:29 PM #22
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I think demo trading account are better for practice and testing our strategy before applying on real account. Its true that demo trading account has huge capital amount in opening, which is difficult to invest by any trader from their pockets really but whenever trader jumps to real account, they are looking for same type of profit in real account as from demo account but can't possible from small investment and finally leads to lost away their precious capital of real account.
So, i advice to trader that don't take demo account profit seriously because such profit can't achievable in real.
Even, demo trading can't teach you about emotion controlling, which is only possible to learn from real account. Its better to start practice in real with small capital that helps to learn all.
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06-20-2013, 03:50 PM #23
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Well this days we can see that many of the newbie traders are not at all making use of the demo trading account . many of them are just registering with some brokers and trying to earn money with the bonus they get from the brokers or from the forums . So as the result they are also loosing all there money which they got as bonus .
It would be good if these people have good demo practice then they trade with the bonus they get then they use to earn very good profits and that can surely increase there self confidence . When this people facing loss They are just quieting the business with out knowing the inner advantages of forex business .
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06-20-2013, 06:28 PM #24
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In demo account we are not at all serious we just work on it to see how the market works when i entered in forex trading i just started trading with demo account to understand what is forex actually is and i tested many pairs but i got only fews pair which is good for trading and from which i can make consistent profit regularly through market.
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06-20-2013, 07:19 PM #25
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Demo account is opened by newbie to trade in the market or to learn about forex market and there are many forex trader who started with demo account and now they are best forex trader making consistently profit in the live market remember you cannot enter in real market before you trade in demo account after learning only you can enter in real market.
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06-20-2013, 07:23 PM #26
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Demo trading is best for learning trading cox by doing practice in demo account, we could be able to do trade in real account easily and could earn profit. Learning s most important thing to do anything properly so we can use demo accounts for learning trading. In demo account we didn't trade on our own capital in fact we use there virtual capital while in real account we are trading on our own capital or investment.
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06-21-2013, 01:23 AM #27
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well, as per my opinion demo account and real account both are very much different because in demo account we get a chance to practice for our trading strategies and we can use artificial money in it but in real account we have to use real capital money and to concentrate on our trade.
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06-22-2013, 01:04 AM #28
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as per my experience there is very much difference between demo trading and real trading because in demo trading we have to use the virtual money and if we get a loss then also it does not matters for us but real trading is totally opposite because in that real money is used and in it loss does matters.
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06-22-2013, 05:37 AM #29
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it is true my friend, that demo trading is an enormous gift for traders. because demo trading is the best place owned by the fatherly traders can develop their skills and to demo trade, they will have the freedom to learn and practice without have to undergo any risk that they will have a great opportunity to be able to continue to improve their skills so that they can become a master trader who can trade forex with good
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06-22-2013, 11:01 AM #30
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I prefer Real Trading more than Demo trading, Demo trading gives a false believe to its practices as no one will start investing with that huge amount and also no one is going to risk that amount in trading, i believe it is good to produce a small trading investment and try out that in real and make sure to involve the emotional attachment with it