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Demo or Real account for Practice (advice) in General Forex Discussion_67f83ac065b44

Demo or Real account for Practice (advice)

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Ikhtiar

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I think we need to have a strong mental steel and we also have to have a stable psychology and be disciplined in carrying out knowledge about the forex trading business, therefore, apart from practicing on a demo account, you need to try first using a real account, even if you use a cent account because of psychology. trading with real money can be different from trading on a demo account.
#976 - November 23, 2023, 01:04:37 AM

Dyandra

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Using a demo account for practice is possible if you use a real account to be careful, which will not be possible because when you use a real account for practice, you will always run out of money because you will definitely make a lot of mistakes.
#977 - November 24, 2023, 02:59:47 AM

Vernalta

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It's clear here that when you practice, you must use a demo account without exception because when you don't use a demo account it will make you lose more. When you use a real account because we have been provided to use a demo account for practice to build the system.  so don't use a real account.
#978 - November 25, 2023, 07:10:54 AM

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#979 - Today at 02:19:23 AM

Ikhtiar

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Other people who are new to trading will conclude that forex trading is easy to carry out because they will always make a profit on a demo account when practicing. But in fact the opposite is true when on a real account there are lots of losses. That's why I think we also need to practice on a real account so that the mentality is formed.
#979 - November 25, 2023, 09:25:07 PM

Vernalta

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If you use a demo account for practice, it will definitely be very meaningful because using a demo account is an important thing that we have to do before we use a real account and that is an obligation that you must obey.
#980 - November 27, 2023, 04:23:57 AM

Ikhtiar

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A demo account is very important for traders to be able to calculate and manage the effects of trading, practicing on a demo account will improve the trader's psychology, some even practice on a demo account for up to a year. When practicing on a demo account, of course it must be treated like a real account so that the psychology applied will be the same.
#981 - November 29, 2023, 01:41:26 AM

Dyandra

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Using a demo account for beginners is important because if you don't use a demo account to learn and use a real account, it will actually make it more difficult for you to get significant results.
#982 - November 30, 2023, 04:10:27 AM

Vernalta

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if you learn, of course you use a demo account because when you don't use a demo account, it will make it more difficult for you to trade and when you use a demo account it will make you feel comfortable doing research well, carrying out rating activities in a more comfortable way
#983 - December 01, 2023, 06:59:44 AM

Dyandra

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I feel that using a demo account is one of the things we have to do when we are beginners because when we become good beginners we need guidance, we need knowledge so we can get big profits.
#984 - December 03, 2023, 06:37:56 AM

Vernalta

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Practicing using a demo account is the right system that we have to do when we are still learning to trade or are still beginners. Without practicing using a demo account, we will never understand how to trade. What it's like to make a system is to use a demo account so that we know what the system is.  accurate or not
#985 - December 04, 2023, 07:17:46 AM

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#986 - Today at 02:19:23 AM

Ikhtiar

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Currently I mostly use my real account for practice, but if I intend to practice I always use the smallest lot. This gives me two advantages: if my practice is successful then I can get a profit, but if it fails I learn a lesson and I don't lose too much.
#986 - December 05, 2023, 10:21:40 PM

Vernalta

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here we can learn to always use a demo account for sure because after all using a demo account will definitely make us more comfortable to trade well because basically everyone will want to use a demo account for practice
#987 - December 06, 2023, 06:45:49 AM

Ikhtiar

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It's better to use a demo account first because a demo account is very useful for new traders to test trading skills and techniques that will be applied later, but unfortunately many traders who have only made a profit once or twice have moved to a real account.
#988 - December 06, 2023, 09:37:43 AM

Dyandra

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What is certain is that when you use a demo account, you will be comfortable, you will be calm, it will be easy for you to gain new knowledge, but when you practice using a real account for the first time, you will always be MC. You will always not be able to apply good management because you don't have the knowledge yet.  So it's clear here that the important thing is to use a demo account for practice
#989 - December 08, 2023, 02:43:29 AM

Vernalta

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Demo account to learn is our obligation as a trader, especially when we are still beginners, it's best not to try to use a real account. You have to use a demo account first.
#990 - December 11, 2023, 04:19:13 AM
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