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07-24-2013, 06:19 AM #211
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Well to be sincere the Demo account has a very wide range of help which its render to the forex trader mostly the newbie.
You when you first step into the market what you get is nothing but loss if the right training have been received here so its better that any forex trader also learn well from the demo account just to get that success before joining reall trading accountReply With Quote Without payment
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07-24-2013, 08:02 AM #212
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obviously demo account is very helpful and useful fro a new trader.demo account is for all kind of people and free for all.by this account a trader can get a lot of experience and when he try to trade in demo account he will get experience and by this experience a trader can trade in real account and his trading will be profitable.
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07-24-2013, 08:10 AM #213
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Yes demo accounts very necessary for all newcomers because newcomers do not have any knowledge about trading thats why they can use demo account to learn forex business if demo accounts are not given to newbies then they can never learn forex easily. They may loss all their money in the forex business so it is great opportunity to learn trading by demo accounts.
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07-24-2013, 11:40 AM #214
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Demo accounts are very much useful not only for the beginners but also for all the traders at different levels or different stages of the forex trading business. Thus, the traders should always try to demo trade first before entering into the live account trading so that they could develop trading system which can bring them consistent profits. Obtaining consistency is very much important to survive in the forex trading field.
Demo accounts offers the features of all the live accounts except that the money involved is virtual instead of real. But we can use this virtual money to get the real account experience and make good profits.
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07-24-2013, 12:24 PM #215
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Agree with your words. The beginner traders, due to their lack of knowledge and experience, should give priority to learning and practicing first, Unless a trader does not give priority to practice, in such a case the trader will have to struggle a lot.
The forex business is not that sweet place to earn money quickly like most of the newbies think, to achieve success with it a trader can't erase the necessity of demo trading practice, which will give such traders the actual reflection about how a trader really trades with real money, and that's also totally risk free.
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07-24-2013, 06:42 PM #216
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Demo account is the best account for trading and this account mostly suited for the beginners because they dont have any market knowledge and experience so by trading in demo account for more and more months, gives better understanding of the new traders .
Practice makes us perfect in any field so more practice gives experience for the newbie and these traders will able to earn more and more money in this market , so their concentration is must be on practicing.
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07-24-2013, 06:43 PM #217
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yes demo account is very useful for the beginner traders.a new traders can practice lot in demo account and make him self as a skillful trader.a new trader can learn lot of things from demo account.a trader learn real trade environment in demo account.so demo account is very help and useful for new traders.thanks a lot.
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07-24-2013, 06:45 PM #218
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Demo account practice is so necessary to become a successful trader. in fact demo account prepare a trader to work at real account. you can learn how to control emotional trading and avoid greedy to earn some profit. its also tell about money management system and how to use stop loss and take profit as per your capital and i think without demo account practice its so difficult to become a good trader .
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07-25-2013, 09:29 PM #219
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demo account is a useful for the new trader of forex trading market.a new trader can learn lot of things from demo account.new can practice more and more in demo and can learn how to trade in real forex market.they also can learn that forex trading strategy, analysis about market and gather lot of information about forex.
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07-25-2013, 09:42 PM #220
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yes i am agree with you that demo account is very useful for bignners because it give practice and experience not only bignners but also for every traders .it is a part of trading and help to trader to learn about trading and give them lot of knowledge and experience that trader use in their real account and minimam chances of loss and get more profit.demo account is the base of trading.
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07-25-2013, 09:53 PM #221
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Demo account is obviously useful for beginners on Forex traders because demo account is for new comers to know about the business and get success.
from this account the beginners get a good knowledge and experience for become a good trader.Reply With Quote Without payment
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07-25-2013, 10:53 PM #222
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Yes i think demo account is useful for beginners because the demo account is also help for newbies.We learn more from demo account and get experience from demo account.
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07-25-2013, 11:02 PM #223
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It is not only useful but demo account is a must have. If you don't go on demo first you must never even imagine about trading the real account. That is like going into the boxing ring blindfolded. A demo account is not just an account or an introduction to what forex charts look like but it is practicable in whole ... the money management, devising of a strategy, putting it into motion and achieving comfort level trading with it ... these all tasks are done on demo account.
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07-25-2013, 11:07 PM #224
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Demo account is helpful for the begineer. Because demo account gives you yo practice. Practice makes a man perfect. So a bigeener can practice by demo account. If demo account turn into zero , don't worry it is not real. So demo is needed for the bigeneer. Demo is like an example, where you can get knowledge.
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07-25-2013, 11:09 PM #225
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Yes, it is very important.