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07-22-2013, 08:14 PM #166
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Yeah absolutely this is useful for people to who want to make their life with Forex and also make their profession with Forex . If one newbie want to make profit from here then also they must need to learn about Forex trade . So this is really best option for people to learn about Forex with demo account . If all newbie can learn it always with practicing on demo then it will really great option for them to earn money always . Without practice on demo account no one can make them profitable Forex trader on that market .
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07-22-2013, 08:24 PM #167
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yes initially the beginners in forex trading should start their trading from the demo account instead of the real account which can be the best source of learning for them in developing their basic trading knowledge and skills. i have also started trading from the demo account and have acquired the basics through it which is not helping me in doing trading on the real account.
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07-22-2013, 08:24 PM #168
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There is no doubt that demo trade is very essential for a beginner. Without demo trading a Forex trader can't be successful in Forex market. By demo trading a trader can understand about pips, lot. sl. tp and overall profit and loss. About two or three months demo trading a beginner make himself a experience trader. As a result he must be successful in real Forex trading. Without demo trading a beginner can not be successful trader.
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07-22-2013, 08:31 PM #169
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Yes of course. Demo account is really very good beginner. You can trade and practice your new strategy with demo account without losing your any money. You need to keep patience and trade with demo account to make your your self experienced about real trade. So every newbie must try demo first to make him experienced.
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07-22-2013, 08:57 PM #170
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yes. i am agree with you. i think and strongly believe that demo is very essential for us. it is very important for every trader. actually we can introduce with forex trade by demo. demo teaches us how we can trade in real account. i think it is a practical class for learning forex trade. we can learn here how to set strategy, how to money management, how to use capital, how to use leverage, how use indicators. how to use stop loss and how to use take profit. demo practice make a trader perfect to trade.
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07-22-2013, 09:34 PM #171
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Demo account in Forex is useful for beginner for a number of reasons.Though some trader open live account in the beginning and before knowing how exactly trade in Forex.We should try demo account though we are doing well and try our different strategy and method and different currency on it.We can do the test without risking our own capital and even we do well we should carry the test in demo because Forex market is about trial and error learning and minimizing risk.
Also we can test different indicator on demo and try our trading experience with these indicator.When the beginner will feel enough confident then he should open live account.
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07-22-2013, 09:39 PM #172
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Yes demo account is really most important for all trader demo account can give you the success.If you trade the demo account regularly then your emotional trading will be close i think then you will be very easily.
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07-22-2013, 09:42 PM #173
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Ofcourse i think that demo account is really useful for the beginners.A demo account can help the beginners a lot to know the system of Forex trading.
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07-22-2013, 09:49 PM #174
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Demo account was designed to bring out some by practicing Forex trading live and with safe way. It is a way a trader do trade without any invest and even if they loss, nothing happens. It brings out some high confident traders after a safe practice. The only thing differ from live account is "real money". This is really a very great help to the traders by the brokers. It's a blessing.
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07-23-2013, 01:47 AM #175
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of course, is very useful for demo account for beginners to do the introduction in trading. butif we already know how to trade and use better strategies we directpractice with live trading account or a micro cent account. becausewith live trading we can train our mentality so that the trading skillsand psychological techniques can be improved at the same
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07-23-2013, 02:08 AM #176
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dear friend demo account is a amazing toll for every new comer if any one want to start forex trading business so first learn each and every thing about trading and then make demo account and practice on this account around or minimum three month and then start work with the real account.
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07-23-2013, 02:10 AM #177
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use small amount of fund in real account too than we trade in demo account for long time. But demo account is not only good for beginner the concept of demo account has been perhaps developed for the beginners. the beginners generally lacks skills and experience to start real trade on forex
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07-23-2013, 11:00 AM #178
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yes, the demo account trading should be the first step of every trader. Since the demo provides a very rich source of knowledge and a very sophisticated way of learning, and also to learn from here practically, we don't have to spend anything, as it is totally risk free and cost free.
Demo is such a beneficial for the traders, and it welcomes every individual to take part in it. No matter if you are newbie or an expert, you can practice in forex without losing or compromising anything, and thus the advantages of demo trading is just undeniable.
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07-23-2013, 11:18 AM #179
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Demo account is really for all forex traders as it helps us to become expert in forex trading. So all traders should try to practice trading in demo account to gather much practical knowledge of forex trading and new traders should practice trading in demo account regularly so that they may become very experienced in forex trading to earn huge money from forex.
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07-23-2013, 11:37 AM #180
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Demo account practice is so necessary to become a successful trader. in fact demo account prepares a trader to trading at real account. there are too many benefits of demo account like its develop confidence to trading ,tell how to do discipline and as per market trend trading ,tell how to control greed and avoid over trading and emotional trading too .so must do practice at demo account before trading at real account