Gain knowledge with demo use it in real trading
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    Gain knowledge with demo use it in real trading

    It is often said that a demo account does not give us real profits. But if we think about it then we can know that demo account does help in earning real profits. I want to illustrate it below with the help of the following points

    1. Beginners should not directly go for real trading : Many beginners face much losses when they start real trading. This is because they do no spend time in learning with demo Trading directly on real account is always dangerous.

    2. Demo account gives us basic knowledge and helps us learn several things: Though demo account does not give us real profits it gives u knowledge and helps us learn many skills. we can use this knowledge and skills when we start trading with real money to earn real profits and also protect ourselves from losses.

    3. Demo account can also be sued by pro traders to plan new strategies or trading systems: it is not that demo account is useful for only beginners. Even experienced traders can make use of the demo account to test their new trading strategies. Once they have tested the strategies they can use them with confidence in real trading.

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    [lang=id]demo account is the place for traders to prepare themselves before enter real account, they will learn much about everything to build their foundation and get the understanding for how to trade very well, demo account gives us good simulation with real time because follows the real market and make traders easy to do adaption at real account,
    and also not for newbies only, demo account is still used by experts to develop the skills and update their system,[/lang]

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    Thanks for creating this thread, your points are very good first of all we can start with demo trading account, and no novice trading should start real trading journey at once, for the basic knowledge demo trading account learning is enough for us. We can create well effective trading strategies in demo account and later we can use them in real trading account. A trader can prepare himself or herself only within a good learning process.

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    so wise to take demo account first for getting some basic about trading forex, learn and practice for some system and understand it, at this place, traders will learn how to set volume, pending order, chart , indicators and they are very important to help the traders when making some analysis, this is the best place for practicing without the risk

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    Quote Originally Posted by Khimi234 View Post
    Thanks for creating this thread, your points are very good first of all we can start with demo trading account, and no novice trading should start real trading journey at once, for the basic knowledge demo trading account learning is enough for us. We can create well effective trading strategies in demo account and later we can use them in real trading account. A trader can prepare himself or herself only within a good learning process.
    What you are truing to point out is the significance of the demo trading, it really prepared the trader, but the trader needs to be very serious and determine din learning the demo. Beside this, the demo is a means that nay trader could even revisit all the time they trade, this gets the trader another helps when they want to learn new things.

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    Quote Originally Posted by Khimi234 View Post
    Thanks for creating this thread, your points are very good first of all we can start with demo trading account, and no novice trading should start real trading journey at once, for the basic knowledge demo trading account learning is enough for us. We can create well effective trading strategies in demo account and later we can use them in real trading account. A trader can prepare himself or herself only within a good learning process.
    Yes. khim. In many times discussing about the demo account. The main purposed in demo account just to learn the knowledge, the meta trader feature in meta trader, to learnt the effect on the news release, tp learn the conference press affect to the market and other thing learning but not emotional learning.

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    Quote Originally Posted by aris90 View Post
    Yes. khim. In many times discussing about the demo account. The main purposed in demo account just to learn the knowledge, the meta trader feature in meta trader, to learnt the effect on the news release, tp learn the conference press affect to the market and other thing learning but not emotional learning.
    The demo account practice is the first step towards Forex.The first experience you earn with trading on demo platform,it's beginning experience without which you should not start real trading.After this with investing our money,with every loose and win we gain some experience that improve us as a good traders.

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    Quote Originally Posted by forexfighter007 View Post
    The demo account practice is the first step towards Forex.The first experience you earn with trading on demo platform,it's beginning experience without which you should not start real trading.After this with investing our money,with every loose and win we gain some experience that improve us as a good traders.
    Demo account is just for the newbie to learn the feature in meta trader. And also demo account is the place for learn how to place order, how to place buy order and also how to place sell order. How to set the the big lot. And also how to modify the order. In demo account is artificial. So our skill in demo account is artificial too.

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    Quote Originally Posted by aris90 View Post
    Demo account is just for the newbie to learn the feature in meta trader. And also demo account is the place for learn how to place order, how to place buy order and also how to place sell order. How to set the the big lot. And also how to modify the order. In demo account is artificial. So our skill in demo account is artificial too.
    Demo account can help us learn how to use different features of the demo account. It helps to learn how to use the indicators and how to make strategies. So demo account is a useful tool for everyone who wants to learn Forex. it is best learning platform

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    Quote Originally Posted by forexfighter007 View Post
    The demo account practice is the first step towards Forex.The first experience you earn with trading on demo platform,it's beginning experience without which you should not start real trading.After this with investing our money,with every loose and win we gain some experience that improve us as a good traders.
    the experiences at demo account is limited by some condition, where they can not get the pressure when see their money flowing in the market for losing and winning, and so the emotion is lower, but the problems when they enter the market at real account, they face everything and psychologies and emotion give big the role and if can not control them with well
    so , demo account is only the place to prepare ourselves

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