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Between demo accounts and contests

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hafizh

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greet you friend
please give your friends psychologically input for someone who is just learning to trade should we learn to use a demo account or contest account ...?
there are also those who say don't learn demo accounts or psychological contests will break down is that really friends .. ?? it's better if real is small, it's faster to understand concepts and psychology ..
please input the sifu masters



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#1 - February 21, 2019, 02:46:26 PM
« Last Edit: July 15, 2024, 02:01:17 AM by Admin »

Lordmishi

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Quote from: hafizh on February 21, 2019, 02:46:26 PM
greet you friend
please give your friends psychologically input for someone who is just learning to trade should we learn to use a demo account or contest account ...?
there are also those who say don't learn demo accounts or psychological contests will break down is that really friends .. ?? it's better if real is small, it's faster to understand concepts and psychology ..
please input the sifu masters
i think that if you still new then you have to learn the absic like support and resistance asnd how to read candle stick. then after you think you good try it on demo account, and if you always take profit in demo then go search some broker that give you no deposit bonus and try their bonus. after that, if you good then try deposit tour own money and maybe enter some contest held by broker
#2 - February 21, 2019, 03:50:28 PM

bagaskara30

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Quote from: hafizh on February 21, 2019, 02:46:26 PM
greet you friend
please give your friends psychologically input for someone who is just learning to trade should we learn to use a demo account or contest account ...?
there are also those who say don't learn demo accounts or psychological contests will break down is that really friends .. ?? it's better if real is small, it's faster to understand concepts and psychology ..
please input the sifu masters
Demo accounts don't overload psychology or emotions. try a contest account without a deposit if you want to feel the pressure from psychology and emotion, especially if you are in the top 10 of psychology and emotions will be more burdened because of the feeling of wanting to win the contest. avoid contests that tell us to make a deposit at the beginning of the contest
#3 - February 22, 2019, 09:32:53 AM

zanurreload

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Quote from: hafizh on February 21, 2019, 02:46:26 PM
greet you friend
please give your friends psychologically input for someone who is just learning to trade should we learn to use a demo account or contest account ...?
there are also those who say don't learn demo accounts or psychological contests will break down is that really friends .. ?? it's better if real is small, it's faster to understand concepts and psychology ..
please input the sifu masters
I think the contest account is better than a demo account, because in the contest there are prizes that we pursue. so at least we can be more serious in the Contest account. Whereas if there is no burden on a Demo account we will lose if we lose
#4 - February 23, 2019, 07:29:41 AM

Gombloh

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Quote from: hafizh on February 21, 2019, 02:46:26 PM
greet you friend
please give your friends psychologically input for someone who is just learning to trade should we learn to use a demo account or contest account ...?
there are also those who say don't learn demo accounts or psychological contests will break down is that really friends .. ?? it's better if real is small, it's faster to understand concepts and psychology ..
please input the sifu masters
I prefer contest account because with this we automatically have to manage carefully our balance..our drawdown and our profit.from here we can start learn about how to trading effesienly and manage our risk every trade
#5 - February 23, 2019, 09:50:45 AM

Alfrians

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Quote from: Gombloh on February 23, 2019, 09:50:45 AM
I prefer contest account because with this we automatically have to manage carefully our balance..our drawdown and our profit.from here we can start learn about how to trading effesienly and manage our risk every trade
trading using a contest account is indeed good sir, to hone trading strategies.
#6 - February 23, 2019, 10:01:29 AM

Hesti

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Quote from: hafizh on February 21, 2019, 02:46:26 PM
greet you friend
please give your friends psychologically input for someone who is just learning to trade should we learn to use a demo account or contest account ...?
there are also those who say don't learn demo accounts or psychological contests will break down is that really friends .. ?? it's better if real is small, it's faster to understand concepts and psychology ..
please input the sifu masters
Hi , I think contest account is good,  for real I guess you should choice cent account 
#7 - February 23, 2019, 01:11:03 PM

paidto

in learning must go through the stages, namely starting with a demo account first, then increasing to the contest account, then proceed to the cent account, and if all stages can be passed with positive results then can enter the standard account
#8 - February 26, 2019, 01:58:56 AM

K30

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Quote from: hafizh on February 21, 2019, 02:46:26 PM
greet you friend
please give your friends psychologically input for someone who is just learning to trade should we learn to use a demo account or contest account ...?
there are also those who say don't learn demo accounts or psychological contests will break down is that really friends .. ?? it's better if real is small, it's faster to understand concepts and psychology ..
please input the sifu masters
Both accounts have no same psycology backgrounds. If you're using Contest you try to beat other, in other side if you're using Demo your try to beat yourself.

It's up to you I prefer use demo account.
#9 - March 12, 2019, 12:32:19 PM

rinshei

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Quote from: hafizh on February 21, 2019, 02:46:26 PM
greet you friend
please give your friends psychologically input for someone who is just learning to trade should we learn to use a demo account or contest account ...?
there are also those who say don't learn demo accounts or psychological contests will break down is that really friends .. ?? it's better if real is small, it's faster to understand concepts and psychology ..
please input the sifu masters
its better to try the contest account than demo, in demo if you profit you get nothing, but if its contest, at least there is something you fight for, its better wasting time in contest rather than demo basically sir
#10 - March 13, 2019, 01:33:06 AM

Ristan Savin

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Quote from: rinshei on March 13, 2019, 01:33:06 AM
its better to try the contest account than demo, in demo if you profit you get nothing, but if its contest, at least there is something you fight for, its better wasting time in contest rather than demo basically sir
With contest we are still have emotion for account and it feel bit similar like controlling real account. I'm with contest account, with it we know our level.
#11 - March 13, 2019, 01:41:49 AM

ASHfx

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Quote from: rinshei on March 13, 2019, 01:33:06 AM
its better to try the contest account than demo, in demo if you profit you get nothing, but if its contest, at least there is something you fight for, its better wasting time in contest rather than demo basically sir
all accounts must have benefits. both demo and contest.

Demo accounts will definitely be very helpful for traders who want to enter the world of forex.
because they can understand the pattern of each transaction.
for seniors can be used to try new indicators and see the results.

contest account, here we can test our skills in trading and compete to become the best, and can get prizes.

all accounts are good, but if like me as a forex trader, which is quite long, surely I would prefer a contest account because there are prizes. heehe
#12 - March 13, 2019, 02:45:47 AM

ariezz

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Quote from: hafizh on February 21, 2019, 02:46:26 PM
greet you friend
please give your friends psychologically input for someone who is just learning to trade should we learn to use a demo account or contest account ...?
there are also those who say don't learn demo accounts or psychological contests will break down is that really friends .. ?? it's better if real is small, it's faster to understand concepts and psychology ..
please input the sifu masters
Demo accounts are the main choice when we are just learning to trade and then continue to enter the contest account and finally the deposit account. That has become a good order in forex trading and psychology will be formed starting from the contest account to the real account.
#13 - March 13, 2019, 04:22:23 AM

Alfrians

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Quote from: ariezz on March 13, 2019, 04:22:23 AM
Demo accounts are the main choice when we are just learning to trade and then continue to enter the contest account and finally the deposit account. That has become a good order in forex trading and psychology will be formed starting from the contest account to the real account.
trading with a demo account why often make big profits bro, but if trading with real accounts often lose?
#14 - March 13, 2019, 11:16:41 AM

Fadeel99

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Quote from: hafizh on February 21, 2019, 02:46:26 PM
greet you friend
please give your friends psychologically input for someone who is just learning to trade should we learn to use a demo account or contest account ...?
there are also those who say don't learn demo accounts or psychological contests will break down is that really friends .. ?? it's better if real is small, it's faster to understand concepts and psychology ..
please input the sifu masters
if in my opinion it is better to use a contest account, in other words there is no risk We are involved there, and we are also prosecuted by getting as much profit, of course with technical That must be qualified and money management Good also
#15 - March 13, 2019, 01:30:56 PM
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