Forex Zone - Forex Forum

Be careful with demo accounts for beginners

Discussion started on General Forex Discussion

  • Sr. Member
  • Posts: 269
  • Points: 6
  • Likes Received: 5
  • Reputation: +0/-0
trading using a demo account, there is no mental psychology and money management because it doesn't use personal funds, if you use personal funds to trade, psychology and money management are definitely disrupted
#166 - October 07, 2021, 11:32:38 PM

  • Sr. Member
  • Posts: 485
  • Points: 1000
  • Likes Received: 2
  • Reputation: +0/-0
if I suggest it is better to trade using a real cent account compared to using a demo account. if the demo account trades carelessly like om teloru said, if you use a deposit account it will be more enthusiastic about trading and not carelessly, this real account can also hone psychology
#167 - October 07, 2021, 11:33:21 PM

  • Full Member
  • Posts: 237
  • Points: 2100
  • Likes Received: 16
  • Reputation: +2/-0
the use of a demo account is good for us, therefore we must be able to take advantage of the demo account so that we understand how to use a good and correct demo account so as beginners we must be aware that whatever we do will produce good results
#168 - October 07, 2021, 11:34:46 PM

  • Full Member
  • Posts: 157
  • Points: 0
  • Likes Received: 11
  • Reputation: +0/-0
using a demo account for beginners is one way that you can succeed in the world of foreign exchange by being able to use this demo account as practice
#169 - October 13, 2021, 06:40:31 AM

  • Hero Member
  • Posts: 574
  • Points: 910
  • Likes Received: 39
  • Reputation: +3/-0
using a demo account for beginners is very good and highly recommended, therefore don't forget to use a demo account later when you do your first forex trading analysis
#170 - October 15, 2021, 12:41:20 AM

  • Jr. Member
  • Posts: 89
  • Points: 560
  • Likes Received: 5
  • Reputation: +0/-0
use a demo account for beginners It is very mandatory because when you use a demo account for beginners then I suggest you should be able to use it in a good way so you will be easy to get whatever your dream
#171 - October 16, 2021, 02:17:47 AM

  • Jr. Member
  • Posts: 94
  • Points: 544
  • Likes Received: 3
  • Reputation: +0/-0
using a demo account is something that you really have to use well because when you are learning for the first time you really need a demo account so you know how to analyze correctly
#172 - October 17, 2021, 02:39:09 AM

  • Jr. Member
  • Posts: 94
  • Points: 544
  • Likes Received: 3
  • Reputation: +0/-0
using a demo account is very good and useful for every beginner because by using a demo account we can get the appropriate results later when we try to use a real account
#173 - October 18, 2021, 05:25:26 AM

  • Full Member
  • Posts: 157
  • Points: 0
  • Likes Received: 11
  • Reputation: +0/-0
using a demo account for beginners is a very positive thing so we can use a demo account for how we trade in a good way
#174 - October 20, 2021, 09:35:25 AM

  • Starter
  • Posts: 1
  • Points: 501
  • Likes Received: 0
  • Reputation: +0/-0
using a demo account is indeed suitable for beginners because by using a demo account we will know how so that we can use the analysis correctly
#175 - October 21, 2021, 04:26:12 AM

  • Full Member
  • Posts: 113
  • Points: 24
  • Likes Received: 0
  • Reputation: +0/-0
What is meant to be careful with a demo account in my opinion is excessive self-confidence when successful trading in a demo account, because the real account later the condition is different from the emotional side
#176 - October 21, 2021, 11:02:57 AM

  • Hero Member
  • Posts: 619
  • Points: 184
  • Likes Received: 8
  • Reputation: +0/-0
Actually the account demo is not only for beginners, but for senior traders also need a demo account to test the trading system.
#177 - October 21, 2021, 10:43:04 PM

  • Jr. Member
  • Posts: 77
  • Points: 883
  • Likes Received: 0
  • Reputation: +0/-0
Demo account indeed for some people can worry, because it is very easy to benefit in a demo account when trading, this is because in our demo account trading without involving emotions and psychology
#178 - October 28, 2021, 01:44:11 PM

  • Sr. Member
  • Posts: 350
  • Points: 256
  • Likes Received: 0
  • Reputation: +0/-0
indeed we have to be careful when you can trade smoothly on a demo account, because it's still an exercise stage, because the actual trading is in a real account and it will be very different
#179 - October 28, 2021, 10:23:09 PM

  • Sr. Member
  • Posts: 289
  • Points: 814
  • Likes Received: 7
  • Reputation: +0/-0
The demo account practice is our plan to trade to a real account, we make the demo account practice instead of what we want. If you start on a demo account, then it's better if trading on a demo account feels like trading on a real account so that the feel and atmosphere on a demo account is the same as what we feel on a real account later.
#180 - October 28, 2021, 11:39:27 PM

Members:

0 Members and 1 Guest are viewing this topic.