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Demo or Real account for Practice (advice) in General Forex Discussion_6825f0acc9f09

Demo or Real account for Practice (advice)

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Frisca

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I suggest trading on a demo account first only after proficient can switch to the real account or contest account first.
#256 - June 28, 2019, 01:10:20 AM

Jipang

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both are good for practice but before we have to see our skills first so that we can determine which account is more suitable for trading.
#257 - June 28, 2019, 04:08:44 AM

Starblus

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you should practice the demo for a while just moving to the estate even though you can't profit consistently because of the shorter time.
#258 - June 28, 2019, 04:23:48 AM

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Demo or Real account for Practice (advice) in General Forex Discussion_6803a6c52eb12
#259 - Today at 09:18:32 PM

Lintang

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Demo accounts are more suitable for beginner practices than real accounts but there are also traders who go directly to real accounts, all of it depends on needs.
#259 - June 28, 2019, 07:44:51 AM

Ferry

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if it is practicable to be able to make transactions then you should be on a demo account first but if you are already proficient enough then you can practice in a real account with small capital first.
#260 - June 28, 2019, 04:32:44 PM

Oseng

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Demo accounts are better for beginners who have never had transactions in forex while real accounts can be used by traders who already have a good trading system.
#261 - June 28, 2019, 04:50:17 PM

Upnormal12

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of course for practice all will suggest for a demo account sir because it's more risky in losing funds and psychology is not burdened but don't take too long on a demo account because it's not good for psychology
#262 - June 28, 2019, 07:02:49 PM

Pendapat

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Quote from: Antint2010 on February 09, 2019, 01:16:47 PM
Hello everyone, am new here! Please I need an advice, all my life I’ve been having difficulty trying to learn anything that won’t cost me, e.g I having try to practice Forex trading with demo account as required by pipsology but is not that easy for me, because its like a fiction to me, no risk, no fun, I just really think if I could put in little deposits like $100 into real account, would be more challenge and educative to me than demo account… ADVICE PLEASE
absolutely right, for me a demo account is not challenging and does not shape our trading character. I prefer the deposit and when there is a risk of loss there is a challenge formed for me.
#263 - June 28, 2019, 07:14:34 PM

nanda12

all must be chosen from your intention first whether to practice or already ready to jump into the world of forex, if you are still a beginner my advice is to use a demo account first for backtest techniques or practice how to install stop losses and correct entries, but if you already feel capable to use a real account, please just do it as you did on the demo account and make a trading plan to help you determine your daily target
#264 - July 07, 2019, 07:44:38 PM

Tahajud

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Demo accounts do not teach trading skills as well as real accounts. But the correct foundation is built from there. I just practiced on a demo account for almost a year. Are you bored and bored? Yes, clear. Because trading demo accounts have no taste at all. I just remember when I first learned to trade how my emotions were so chaotic. I am sure most traders experience the same thing, in Amna it is difficult to sleep for several weeks or even months.

I also experienced this. Fortunately the length of trading using a demo account is able to erode most of the emotional feeling. So when trading using a real account I don't get carried away like most beginners. In addition, the demo account also ensures that the analytical techniques we use are really feasible to move to a real account.

In a real account it also takes a process that is not short. Psychological training while honing the technical trading that is used is not easy and short. Therefore, for beginners, it's good to use a bonus account or penny account. Let me get used to it first.
#265 - July 07, 2019, 10:57:29 PM

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#266 - Today at 09:18:32 PM

Zenix

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if I prefer a demo to practice if we really don't know about trading and haven't been able to transact well.
#266 - July 08, 2019, 02:18:17 AM

Kurama

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the account for practice should be adjusted according to needs, if I first practice on a demo account before entering real.
#267 - July 08, 2019, 04:27:54 AM

sangeman

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I received a demo account before I was proficient in my demo account, I did not switch to a real account.
#268 - July 08, 2019, 05:55:36 AM

Suliyem

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You should practice first on a demo account until some time, if you are proficient at the demo then you can switch to a real account with small capital.
#269 - July 08, 2019, 03:49:33 PM

Arno

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for practice I use both types of accounts because it is quite good for skill development and trading performance.
#270 - July 09, 2019, 04:49:40 PM
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