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Between demo accounts and contests in General Forex Discussion_67f83ac065b44

Between demo accounts and contests

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Trader Hijrah

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I think everything is great to do for practice but if we want a little challenge then we can choose a contest account
#436 - May 10, 2021, 03:35:57 AM

caripoin

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The demo account is the first place we get to know and see what price movements are like in the forex market, so that once we enter a real account we are not confused and afraid to see price movements because we are used to a demo account. so actually we can't say the demo account has no influence on our psychology.
#437 - May 27, 2021, 09:00:16 PM

joshgandosh

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it feels like the contest account can be more calculated and considered than the demo account because even though both are demo accounts, if we have a contest account there are prizes that can make us motivated.
#438 - May 28, 2021, 01:46:19 AM

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Between demo accounts and contests in General Forex Discussion_6803a6c52eb12
#439 - Today at 02:16:10 PM

Mulyono

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It seems like a better contest account, because besides practicing trading well we can get the chance to win a prize
#439 - May 31, 2021, 05:03:19 AM

joshgandosh

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contest accounts can make it more encouraged because there are gifts that we can accept if we can become a winner
#440 - June 04, 2021, 12:27:21 PM

Iw4nN

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For me, contest accounts can be more interesting because they are more challenging to get prizes, so it will make us try our best
#441 - June 07, 2021, 12:21:04 PM

joshgandosh

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Demo account and contest account is indeed one way to train our trading, but if one of those better ones in my opinion the contest account can be better because it can better practice our mentality because of the competition
#442 - June 12, 2021, 01:25:59 AM

Demnok Lannik

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In my opinion, if the goal is to learn, you should just use a demo account, on a demo account we can freely explore the techniques and trading systems we learn, we are even free to do "try and error" activities without fear of losing because on a demo account the trading capital is capital. "cheek" trading

In my opinion a contest account is not appropriate to be used as a means of learning to trade, because in a contest the goal is to win, in order to win, you must get as much profit as possible, this is not in accordance with the correct trading principles, namely prioritizing the safety of trading capital, contest accounts it's appropriate to use it to win a trading contest, or as a suggestion to test trading skills

#443 - June 16, 2021, 04:51:34 PM

Razor

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both in my opinion are a great way to run this business correctly, meaning we can practice on both types of accounts until we are proficient and smooth, then we can switch to a real account
#444 - June 22, 2021, 07:56:14 PM

Tahajud

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Sometimes we are breeding on a demo account in harmony and not even with the strategy including me too, bro, but if in a real account, it still uses the rules that have been set and the strategy that I have but it's better to go to a demo account first before it is a real account We are started to predict and apply it until we apply in a real account.
#445 - June 23, 2021, 07:20:33 AM

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#446 - Today at 02:16:10 PM

ERSYA

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everything is good, everything can be used to practice trading well, and it's just up to each person's taste to choose a demo account or a contest account
#446 - June 27, 2021, 03:15:30 AM

Hayatiku99

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If you want to learn properly and test a system, I think a demo account would be better.
#447 - June 27, 2021, 09:07:34 AM

Trader Hijrah

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in my opinion the demo and contest account is the same because the destination is to train our trading so it can be better, but on the other side of the contest account more can make us encourage because there is a prize
#448 - July 01, 2021, 01:44:40 AM

Trader Hijrah

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both are good for practicing trading, but I prefer to use a contest account, because the challenges are more noticeable than using a demo account.
#449 - July 01, 2021, 11:20:21 AM

Demnok Lannik

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in my opinion to get the actual Feel Trading we can take advantage of the contest account because there is a competition we feel and will be able to make us more challenged
#450 - July 03, 2021, 10:37:34 AM
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