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Is there paractice on demo is enough in forex?

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Bahrul

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Hi dear I m new here and I want to ask you only paractice on demo account is enough for trading in forex? Can we get maximum profit in forex just doing paractice in demo? What u says about this?

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#1 - February 07, 2019, 03:25:16 PM

dodogtg

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I think if we do it practice with seriouslly with demo account. It's can be one of part way to be a success trader. 
#2 - February 07, 2019, 03:31:19 PM

zanurreload

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Quote from: Bahrul on February 07, 2019, 03:25:16 PM
Hi dear I m new here and I want to ask you only paractice on demo account is enough for trading in forex? Can we get maximum profit in forex just doing paractice in demo? What u says about this?
To be able to get a good profit in my opinion you have to dare to trade on a real account. Demo account is only a place to study. Until when you want to trade on a demo account
#3 - February 07, 2019, 03:59:06 PM

Eza Jordan

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Quote from: Bahrul on February 07, 2019, 03:25:16 PM
Hi dear I m new here and I want to ask you only paractice on demo account is enough for trading in forex? Can we get maximum profit in forex just doing paractice in demo? What u says about this?
practice on a demo account seriously and follow the rules that have been planned, must be disciplined with what has become a rule in our trading, then if you already know a stable profit try to deposit with real money.


#4 - February 07, 2019, 05:06:08 PM

Black_Koujee

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Quote from: Bahrul on February 07, 2019, 03:25:16 PM
Hi dear I m new here and I want to ask you only paractice on demo account is enough for trading in forex? Can we get maximum profit in forex just doing paractice in demo? What u says about this?

In my opinion, if you only want to practice the technique and know how profitable the technique we are using, it might be enough on a demo account. But in forex trading it's not enough just by technique. There are more important things than that. Namely MM and trading psychology. Because trading on demo and real accounts is very different

#5 - February 07, 2019, 05:29:20 PM

ariezz

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Quote from: Bahrul on February 07, 2019, 03:25:16 PM
Hi dear I m new here and I want to ask you only paractice on demo account is enough for trading in forex? Can we get maximum profit in forex just doing paractice in demo? What u says about this?
I think the demo account can only be used for several purposes such as the practice of conducting transactions, forming and testing trading systems, for testing a trading robot / EA and so on.

It is true that a demo account can be used to learn and practice making transactions and forming a profitable system, but psychology is not formed on a demo account to be able to produce consistent profits which in fact have to move and continue training in a real account.
#6 - February 07, 2019, 05:36:24 PM

Kirinkato

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Quote from: Bahrul on February 07, 2019, 03:25:16 PM
Hi dear I m new here and I want to ask you only paractice on demo account is enough for trading in forex? Can we get maximum profit in forex just doing paractice in demo? What u says about this?
Demo accounts have their own functions and uses. if you want to test a technique or try to build character and discipline in trading. how to use a 100% demo account will be very useful. but unfortunately many people are wrong in using it. for example by not adjusting the balance so it's not too big.
#7 - February 07, 2019, 05:38:37 PM

zanurreload

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Quote from: ariezz on February 07, 2019, 05:36:24 PM
I think the demo account can only be used for several purposes such as the practice of conducting transactions, forming and testing trading systems, for testing a trading robot / EA and so on.

It is true that a demo account can be used to learn and practice making transactions and forming a profitable system, but psychology is not formed on a demo account to be able to produce consistent profits which in fact have to move and continue training in a real account.
Yes I really agree with you, because the psychological demo account is not the same as the reel account. To be able to feel the real trade we have to trade with a real account, but of course before we have to practice in the Demo account.
#8 - February 07, 2019, 10:41:08 PM

ariezz

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Quote from: zanurreload on February 07, 2019, 10:41:08 PM
Yes I really agree with you, because the psychological demo account is not the same as the reel account. To be able to feel the real trade we have to trade with a real account, but of course before we have to practice in the Demo account.
Psychology only appears under pressure so practicing psychology must indeed be trading on a real account. Real accounts related to money and everything related to money will definitely trigger psychology, the greater the trading capital in a real account, the greater the psychological pressure.
#9 - February 08, 2019, 12:32:34 AM

rafid

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the psycology when we trade in real account and demo account is different. In demo account you might get profit easily because you have no problem with your psychology but its different when you use real money in your account, you will find fear and greedy, fear when your account got minus and greedy when your account already in profit.
#10 - February 08, 2019, 02:42:43 AM

Sahal Ma'sum

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Quote from: dodogtg on February 07, 2019, 03:31:19 PM
I think if we do it practice with seriouslly with demo account. It's can be one of part way to be a success trader.
I agree with you
#11 - February 08, 2019, 06:43:59 AM

Tahajud

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Demo Accounts can simulate real situations if the amount of virtual money used is equivalent to your real trading plan in the future. Simply put, if you plan on real trading later with a capital of USD1000, lot 0.01 and 1: 100 leverage, then when configuring a Demo Account, make and do it like that. In this way, you can understand the potential profits and losses faster.



#12 - February 08, 2019, 07:21:42 AM

Ariyudin

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Quote from: Bahrul on February 07, 2019, 03:25:16 PM
Hi dear I m new here and I want to ask you only paractice on demo account is enough for trading in forex? Can we get maximum profit in forex just doing paractice in demo? What u says about this?
Demo accounts are considered to only make people able to trade, but do not form a real trading mentality, because trading on a demo account is easier and there is no risk, in the sense that no real money is lost when loss. The focus of the trader on the demo account tends to be only on profit and loss, but does not have the opportunity to learn to regulate emotions.

I suggest that before plunging into large capital, simply use a small capital to deposit in a micro account so that mentally trained for the sake of a little assume that the money used for training is the cost of learning.
#13 - February 10, 2019, 08:27:25 AM

Lordmishi

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Quote from: Bahrul on February 07, 2019, 03:25:16 PM
Hi dear I m new here and I want to ask you only paractice on demo account is enough for trading in forex? Can we get maximum profit in forex just doing paractice in demo? What u says about this?
No bro. If you just enter forex its ok you open demo account. But for me, my advice is you open demo account and if you good enough try on bonus account, some broker will have bonus account and it is worth to try, why? Because you can withdraw the profit you make. After that, open your live account with your own money. All that 3 is different, try to balance that
#14 - February 10, 2019, 08:56:36 AM

Bayu maryanto

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Quote from: Bahrul on February 07, 2019, 03:25:16 PM
Hi dear I m new here and I want to ask you only paractice on demo account is enough for trading in forex? Can we get maximum profit in forex just doing paractice in demo? What u says about this?
Good evening bro ... demo accounts with real accounts are not the same. if you want to learn better, just look for a good teacher then jump into the real world of forex
#15 - February 10, 2019, 09:23:53 AM
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