Thread: Is demo a step before real trading?

Hi opened a demonstration and would love to hear some comments

117766Yes. Demo is essential before actual trading.

92014It is essential to demo trade since you try to learn the basics of forex trading and trading and its own movement reside in the beginning is a sure way.

92014imo a demo account builds your confidence to trade live. I trade demonstration together with my live account to find out what could happen if I go more aggressive and have alter my trading style due to results according to the demo account. Entries and targets where I'd get out and in if I had a bigger account e.g.

92014Nice. .so which time tendencies that are greater do you examine and are you keeping track of your trades, eg?

92014Free demo and complimentary reliable information are the sole way to (1) begin trading, and (2) test new or unfamiliar ideas.

92014

Originally Posted by ;

With all the respect in the world planned, I think you have that backward. The majority of people don't have the slightest clue what they are doing when it comes. Blaming condition for it is deferring blame.

I feel you both are correct, your mental condition (patience and subject ) alone wouldn't make you a profitable trader if your method's got a couple of loose ends, and also a profitable methodology wouldn't be sufficient to maintain your boat floating without the patience and discipline required to follow it correctly and make it profitable, just me, my two pennies.

92014Sure! It is the very first step to begin to trade, because you practise you can and ought to try.

92014Also remember that on LIVE, the emotional will not be the same between a $25 account along with a $25k account...

92014I agree with the pipsters trading a small-lots account. If you can't afford to open an account with $100-200 and trade modest lots I don't feel that trading as a hobby (or as a livelihood ) is for you.

Just bite the bullet, ditch the demo account, and trade really really small amounts.

Actual pipsters, actual pips...