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Between demo accounts and contests in General Forex Discussion_67f83ac065b44

Between demo accounts and contests

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Genic08AD

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both have the characteristics, advantages and disadvantages of demo accounts and contest accounts are less balanced to compare because both types of accounts have different functions.
#391 - May 04, 2020, 09:23:02 PM

kusneni

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While learning while participating in the contest, in addition to increasing skills if you are lucky to get money from the contest, moreover many brokers provide contests every week
#392 - May 05, 2020, 05:05:50 AM

PrimaFx

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if asked to vote then I prefer the contest account because it is higher in level and is an account that generates profits but I still do not forget the demo account services that have made me able to make transactions properly.
#393 - May 05, 2020, 02:08:07 PM

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Between demo accounts and contests in General Forex Discussion_6803a6c52eb12
#394 - Today at 09:42:12 AM

Muh0340

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Demo accounts should be prioritized because it is more important to form a trading strategy while the Contest account is a side account or is currently testing the trading system.
#394 - May 06, 2020, 10:43:56 PM

aizafx

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Demo contest, is good to improve trading skill, besides to learn and practice with free without any risk, also have good opportunity to get a prize, forex demo contest is one opportunity to learn and get earning, but with a special note, become winner
#395 - May 07, 2020, 12:53:22 AM

Billy Atkinson

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Quote from: aizafx on May 07, 2020, 12:53:22 AM
Demo contest, is good to improve trading skill, besides to learn and practice with free without any risk, also have good opportunity to get a prize, forex demo contest is one opportunity to learn and get earning, but with a special note, become winner
after adept at trading on a demo account in my opinion, it is only possible to take a contest account to test our skills as well as to hunt for prize contests, but we must also maintain our strategies and trading methods properly, must not be greedy.
#396 - May 07, 2020, 02:25:41 AM

miqbal79

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I prefer the demo account, after I passed the trial trading system in the demo then I just got out of the demo account and tried the contest account and the real account, in my opinion there is a plot.
#397 - May 07, 2020, 06:16:38 AM

aizafx

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Quote from: Billy Atkinson on May 07, 2020, 02:25:41 AM
after adept at trading on a demo account in my opinion, it is only possible to take a contest account to test our skills as well as to hunt for prize contests, but we must also maintain our strategies and trading methods properly, must not be greedy.
It's good to step if already passed demo account and felt confident then forward to demo contest, and yes will better if maintain the discipline to running all method that learned in a demo account, not only pursue the prize contest but most important is learn how to manage money in uncertainty market condition
#398 - May 07, 2020, 08:25:11 PM

ariezz

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Quote from: Genic08AD on May 04, 2020, 09:23:02 PM
both have the characteristics, advantages and disadvantages of demo accounts and contest accounts are less balanced to compare because both types of accounts have different functions.
absolutely, the demo account and contest account have their respective benefits where the benefits of both are actually important and needed, including for novice traders or traders who want to get additional capital from the contest.
#399 - May 11, 2020, 04:05:54 PM

Rizky_Rizal46

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Demo accounts are usually used for training purposes while contest accounts are more for searching for prizes, if I prefer a demo account first because I'm still in the training phase.
#400 - May 12, 2020, 02:23:12 PM

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#401 - Today at 09:42:12 AM

Mochira

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It's clear that contests are better because there are prizes, but beginners will have difficulty using contest accounts and are better with demos to learn
means that each account has different uses depending on needs
#401 - May 19, 2020, 01:10:46 PM

Kapoor

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Demo accounts should be prioritized because demo accounts are quite important when we need practice, for contest accounts it can be an alternative when we are already proficient in demo accounts.
#402 - May 19, 2020, 06:36:53 PM

OjoL2904

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the choice between the demo account and contest account should be adjusted to our trading capabilities, don't force yourself to enter the contest account if we have not mastered the demo account properly because it will damage our mentality.
#403 - May 20, 2020, 02:09:33 PM

Billy Atkinson

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I judge the type of account not on the superiority which is better but on the needs, because I need a demo account so I judge a demo account is very important but a contest account is also good if a trader needs to develop skills into real trading or competitive demo contests.
#404 - June 16, 2020, 03:23:35 AM

Fin Candy

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demo is the best place to become a knowledgeable trader very rapidly , but generally we don't believe the importance of this trading place at all.
#405 - June 17, 2020, 04:05:03 PM
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