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07-23-2013, 11:50 AM #181
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yes dmo account is very helpful for the beginner traders because by continue demo practicing they can control their common mistakes and for that i seem demo trading is the gate way to real account.Forex is the most recent trade so without demo practicing it is hard to familiarize with the trading platform.we maximum beginner traders make loss in forex for our lack of practice.
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07-23-2013, 12:26 PM #182
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@diaislambd,
Indeed. Demo account will be necessary for any novice traders. They will eventually learn of demo account to be used for their trading strategy to devise it, improve it and enhance it. Thus, it will be significant for the traders to not skip this phase as learning will be start here to have the demo trading and gain some experience since, it will be trading in the Forex market but not have the risk of losing.
Still, traders focus here to have their trading strategy ready and to be connected and appropriate in their trading skills such as if they have scalping should have done short term strategy setup that need to have small pips target.
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07-23-2013, 01:10 PM #183
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Yes demo account trading is useful to beginner, without it no one can be able to trade in real account to get success it will not be possible, that's why we all learn from the demo account to acquired knowledge in start before trading in the real market, the demo account is very useful to every one both expert and new trader.
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07-23-2013, 01:22 PM #184
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yes simply because it really offers a good platform to them with which they can actually feel what the real forex trading business looks like without them wasting their hard earned resources in the process because learning the forex trading can be very tasking and in the process if care is not taken you would have wasted all the capital meant for your investment so the demo account has actally came to the rescue.
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07-23-2013, 02:05 PM #185
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If a trader trades properly here in the demo accounts not taking it as a joke but seriously trying to understand the market from it then the demo accounts will prove as the best teacher of the forex trade market for them.But it is to be kept in mind that a trader trying to trade in the demo accounts should trade exactly how he would have done in the real accounts where his real money would have been involved.Because there are majority of the traders that donot really concentrate much on the trading in the demo accounts.
But anyways for all the traders trying to trade here in the trades if there is one thing that is to be really kept in mind then that is to first of all at least analyze and understand the market.And any traders lacking on that might never probably make any profits in the trades.And especially if a trader has performed well in the demo accounts then there is no question why he can not repeat the same in the real accounts.So a trader needs to take the demo accounts seriously too.
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07-23-2013, 02:10 PM #186
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Demo accounts are very helpful for new traders, because not risking your own money. Besides, we can practice as if we are in the market. Demo account as a laboratory, a place to test the different types of trading strategies. This place is a weakness we can not train our emotional side when trading. But this can be overcome by following a variety of demo account contests.
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07-23-2013, 02:23 PM #187
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Demo account is not so much useful according to my opinion. Because we have a very big capital in demo, which is not found in real. So, we confuse how to trade in real. And also we trade with high volume which is very risky for real account. Thee is a huge difference between them. I would say that demo account give us demo experience. And only real account give us real experience.
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07-23-2013, 02:36 PM #188
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Yes demo account is very very usefull for the begginers,,when one is thought to enter in forex he she definitly have no experience of trade,, so if he she do trading without practice they will definitly be losted,, so they should start with demo account,, it is really helpful for the beginners..
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07-23-2013, 02:45 PM #189
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Very good demo account to experience it
And the application of strategies and methods of speculation and not losing real money
After what you find yourself constantly began to win
the real account awaits you
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07-23-2013, 03:14 PM #190
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I am strongly agree with you that demo account is very important and helpful for the beginners. I would also like to add that demo account is helpful not only the beginners but also for all the trades in Forex trade. By regular practicing through demo accounts one can get a huge knowledge and experience about the Forex trade market. All should practice with demo accounts before joining practical market.
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07-23-2013, 03:26 PM #191
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Demo account is very useful for trading in forex market. You can learn from the demo account .How you can trade in forex market and you can test different strategy for trading. You can also learn different features for trading.
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07-23-2013, 03:48 PM #192
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You will find a couple of sorts of bill inside forex trading, demo bill and also penny bill. The particular beginner ought to try out this demo bill first. It helps them to purchase a lot more information and also practical knowledge with regards to forex trading. In the event almost any cannot use a demo bill first they will get rid of their investment capital inside forex trading. To be a very good dealers dealers have got to utilize a demo bill first. Advertised . help new dealers to be able to achievement inside existence.
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07-23-2013, 04:37 PM #193
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Yes, I believe so. one may think i don't want to take risk then he/she can do it easily without pay. But one thing you have to consider that its your real trade. And you should find the solution of your problem what you face. Then it would be easier when you will start in your real account.
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07-23-2013, 05:56 PM #194
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yes of course demo trading is very helpful for the beginner.a new trader of forex market is need to learn forex at first properly,learning forex and practice in demo trading is very effective for the beginner.it is very helpful for the beginner to skilled himself for the forex trading market.so demo account is very effective for the newbie.
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07-23-2013, 06:06 PM #195
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demo account is really very helpful for the new comers. they will get good trading idea from this demo account. so every new trader need to trade in demo account. this is really helpful
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