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Between demo accounts and contests in General Forex Discussion_6825f0acc9f09

Between demo accounts and contests

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Mochira

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Each account has a function, a demo to learn, a contest to compete to try trading skills.
Do not use contest accounts to compete or use accounts that are not in accordance with their functions.
#406 - June 18, 2020, 11:22:31 AM

Sugeng Setiadi

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each of these two accounts has a special function so each account is equally important for those who need especially a demo account is very important for beginners, without a demo account each trader is also difficult to develop
#407 - June 18, 2020, 12:27:17 PM

Sam86

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In demo contes you will get impact a psychology factor because you have feel want to going out as a winner but in demo account you dont have any feel especially about psychology.
#408 - June 19, 2020, 06:49:28 AM

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Between demo accounts and contests in General Forex Discussion_6803a6c52eb12
#409 - Today at 10:52:17 AM

aizafx

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Demo contest can be useful, in my broker often providing demo contest for their client and many from them take part in the contest, but what is the difference trading demo contest compared with demo in general, often in the contest will become high-risk taker trader and use a maximum lot, this is not good for training money management.
#409 - June 21, 2020, 09:58:35 PM

Miracle Fx

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Demo and contest accounts are clearly different, I often use contest accounts at FBs brokers to practice my bad trading. while the demo is only for new traders who are still learning.
#410 - June 22, 2020, 02:19:43 AM

Antonio

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Demo accounts are actually used as a medium for trading training.
While the contest account to compete and practice chasing the target also has a prize.
but the contest should if you already have a trading experience.
For beginners trader should only use a demo account at the beginning.
#411 - July 19, 2020, 09:36:47 AM

Riky Namaku

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Both the demo account and the contest account are both very good and useful for the development of our trading skills, besides that a demo account is good enough to train our trading skills and we can form a trading system in the demo account.
#412 - July 22, 2020, 02:55:58 PM

AWAY21

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Quote from: Kapoor on May 19, 2020, 06:36:53 PM
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.
Im so like contest account because it will teach us how to manage our emotion. It also to be our challege to be winner
#413 - July 23, 2020, 12:32:36 PM

Aryox

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Demo accounts and contest accounts have their respective roles and functions so that we can use them for our purposes according to our training and learning, so if we are beginners we must first use a demo account.
#414 - July 23, 2020, 01:10:53 PM

ariezz

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As the name implies, the demo account and contest account have their respective functions, the demo account is used as a simulation for training before entering the real account while the contest account is for entering the contest or for the purpose of getting prizes
#415 - July 28, 2020, 06:39:54 PM

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#416 - Today at 10:52:17 AM

RaNo Achndar

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A better contest account, even though we are still learning, we can try contest and trading accounts such as real accounts and have the opportunity to get contest prizes even though it is difficult, and most importantly can improve.
#416 - November 15, 2020, 07:00:06 AM
« Last Edit: March 04, 2022, 11:32:35 AM by Admin »

Jajami

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Accounts are seen from the need, if only learn better on a demo account, but if you already have strong trading skills participating in the contest will have a better chance of winning.
#417 - November 15, 2020, 10:23:06 AM

Widiaty Syahnazia

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But with a contest account you can also learn, besides that, you can also take part in the contest and test your trade whether you can compete with other traders.
#418 - November 17, 2020, 03:53:10 AM

Geographic

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Taking part in a contest with the aim of learning also seems to be difficult, because the contest aims to generate large profits while the demo is only for learning to make good and precise trading methods.
#419 - November 17, 2020, 06:59:31 AM

Trader Hijrah

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if a beginner of course a demo account would be better, because there is no pressure and we can freely explore here. and with a demo account we can learn to the maximum, of course. If the contest account is afraid we will be trading under pressure that makes it impossible to get maximum results
#420 - November 17, 2020, 11:17:49 PM
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