radex78 Posted October 14, 2016 Share Posted October 14, 2016 Surely we need to maximize demo account and real account as well as possible to make us be better when trading. We will get trading experience to make us be better when trading and can earn more profitMake sure in demo account we having good skill to making quality trades in forex trading, if we always get fail in demo account hence it's mean still not yet ready jump to real account, and success in demo account with good system it will making confidence start in real account, but real account usually harder than demo account Quote Link to comment Share on other sites More sharing options...
aliforex Posted October 20, 2016 Share Posted October 20, 2016 Make sure in demo account we having good skill to making quality trades in forex trading, if we always get fail in demo account hence it's mean still not yet ready jump to real account, and success in demo account with good system it will making confidence start in real account, but real account usually harder than demo account If we use demo account first to start trading, I'm sure we will get trading experience. Surely, it will make us to understand about forex and be more ready to use real account. Quote Link to comment Share on other sites More sharing options...
radex78 Posted October 22, 2016 Share Posted October 22, 2016 If we use demo account first to start trading, I'm sure we will get trading experience. Surely, it will make us to understand about forex and be more ready to use real account.Yes indeed we need trading on real account but should already having experience with demo account, or we can trying making comparison with trading using demo account and on same time also trade on real account then making conclusion for study will get better result on real account or in demo account Quote Link to comment Share on other sites More sharing options...
uncle gober Posted October 26, 2016 Share Posted October 26, 2016 Yes indeed we need trading on real account but should already having experience with demo account, or we can trying making comparison with trading using demo account and on same time also trade on real account then making conclusion for study will get better result on real account or in demo account for a demo account itself apart used as a place of learning of the trader, is also used as a place to experiment before the strategy used when using a real account. see the funds used in the form of a virtual demo account, it can minimize the risk that could happen. Quote Link to comment Share on other sites More sharing options...
radex78 Posted October 27, 2016 Share Posted October 27, 2016 for a demo account itself apart used as a place of learning of the trader, is also used as a place to experiment before the strategy used when using a real account. see the funds used in the form of a virtual demo account, it can minimize the risk that could happen.It's very good way to backtesting new strategy in demo account, some trader that like using ea also they will backtest ea on demo account and will confidence if ea work on demo with good result although not sure in real account will get same result because trend market very dynamic and unpredictable Quote Link to comment Share on other sites More sharing options...
Squirrel Nuts Posted October 27, 2016 Share Posted October 27, 2016 Demo is very much essential for the newbies to gain knowledge regarding Forex Trading. We need to do atleast 6 to 8 months Demo Practice and then enter into the real world of Forex Trading. Quote Link to comment Share on other sites More sharing options...
radex78 Posted October 29, 2016 Share Posted October 29, 2016 Indeed demo account very useful for newbie, but as trader eventually they want to making real money and they need jump to real account, and usually treat in real account it will already involved emotion and maybe occur bad result in real account although during trades in demo account they can making good profit, and real account is better to learn in real condition to built up about psychology trading Quote Link to comment Share on other sites More sharing options...
jamante Posted October 30, 2016 Share Posted October 30, 2016 demo is viturlly close to live accounts, but there are many differences that really matter like spread widening and liquidity and what not, its always good to practice mainly on demo, then test on a small live account. I hav a 5 years old live hotforex account yet i still do demo every now and then. Quote Link to comment Share on other sites More sharing options...
Squirrel Nuts Posted November 1, 2016 Share Posted November 1, 2016 Yeah...! Through proper Demo practice one can achieve success in live trading too but only if this practice is done with seriousness. Quote Link to comment Share on other sites More sharing options...
radex78 Posted November 1, 2016 Share Posted November 1, 2016 Yeah...! Through proper Demo practice one can achieve success in live trading too but only if this practice is done with seriousness.Practice in demo seriously is good, but might not easy involved emotion in demo account, because will different emotion when look for real money and virtual money, in demo account using virtual money never involved emotion but if want to develop better psychology trading hence real account is the best way Quote Link to comment Share on other sites More sharing options...
aliforex Posted November 1, 2016 Share Posted November 1, 2016 Yeah...! Through proper Demo practice one can achieve success in live trading too but only if this practice is done with seriousness. Demo account is really helpful for people who can use it as it should be. Trading experience that we will get, surely, we need to make it as lesson. Even, we also can use demo account to take part in trading contest. It will give us different atmosphere of forex trading Quote Link to comment Share on other sites More sharing options...
Norm O'Neill Posted November 1, 2016 Share Posted November 1, 2016 I don’t think anything is required to be said about real account as it’s obviously real, I mean surely no need to explain why that’s to do… I mean right? Anyway, it’s critical to understand the importance of demo account because that’s where everything plays out just right and only then we will be able to gain and will help us get enough profits. I am currently putting time into there regularly and the biggest reason behind this is OctaFX broker, it’s not to do with the ordinary demo account but this is to do with the mind blowing demo contest which is cTrader, it’s epic been weekly based yet got 400 dollar prize and they even have Champion demo contest which got even bigger prize up to 1000 USD, but it’s slightly longer! Quote Link to comment Share on other sites More sharing options...
Sininfinity Posted November 3, 2016 Share Posted November 3, 2016 Yeah...! Through proper Demo practice one can achieve success in live trading too but only if this practice is done with seriousness. It is a necessary thing. But sadly many traders fail to take demo trading seriously. And as a consequence they pay the price when they trade on a live account. Quote Link to comment Share on other sites More sharing options...
radex78 Posted November 4, 2016 Share Posted November 4, 2016 Now we can start trading in real account with low minimum deposit even 1$ already having opportunity to start trading, and indeed will better using real account start with small money to develop psychology trading step by step Quote Link to comment Share on other sites More sharing options...
my name Posted November 7, 2016 Share Posted November 7, 2016 in demo acount we only learn the basic of the forex but in real acount we can earn real profit after we have done the trade.if we are new in the forex work then we have to do demo work because there are lots of work to do in forex if we learn about all of the indicator then we never loss investment in the forex work . Quote Link to comment Share on other sites More sharing options...
ArmaArma Posted November 7, 2016 Share Posted November 7, 2016 I prefer trading with real money Quote Link to comment Share on other sites More sharing options...
my name Posted November 11, 2016 Share Posted November 11, 2016 in demo there is no profit but we got very popular kill like we have to get knowledge about the basic of the forex all trader have to learn the basic of the forex if we know thats point then we can earn profit in the market then ever we place order in the market .real aount only for those who have 1 year experience about the forex. Quote Link to comment Share on other sites More sharing options...
novarisa Posted November 22, 2016 Share Posted November 22, 2016 in demo there is no profit but we got very popular kill like we have to get knowledge about the basic of the forex all trader have to learn the basic of the forex if we know thats point then we can earn profit in the market then ever we place order in the market .real aount only for those who have 1 year experience about the forex. Demo accounts are very helpful to us in making learning and training abilities and our skills to get as much as possible in doing forex trading correctly, as in a demo account we could explore different ways to be able to make a profit, so we can easily apply in real account properly and correctly according to what we expect Quote Link to comment Share on other sites More sharing options...
novarisa Posted November 22, 2016 Share Posted November 22, 2016 Demo accounts are very helpful to us in making learning and training abilities and our skills to get as much as possible in doing forex trading correctly, as in a demo account we could explore different ways to be able to make a profit, so we can easily apply in real account properly and correctly according to what we expect Quote Link to comment Share on other sites More sharing options...
Squirrel Nuts Posted November 22, 2016 Share Posted November 22, 2016 Demo trading is the best way to become successful in Live trading, you could learn it for quite a while, and than you could earn in Live trading. Quote Link to comment Share on other sites More sharing options...
francmorio Posted November 23, 2016 Share Posted November 23, 2016 Nice share, sir... It helpful for traders, especially for new trader to know about it...But, i think for new trader should trading with demo account before they trade with real account... I also used demo account from FBS before i trading with real account.. You should have checked the reviews for FBS before declaring publicly that you're using this guys. There are several complains lately that their server is low, heard of them yet? Quote Link to comment Share on other sites More sharing options...
aliforex Posted December 9, 2016 Share Posted December 9, 2016 You should have checked the reviews for FBS before declaring publicly that you're using this guys. There are several complains lately that their server is low, heard of them yet? Demo accounts should be we can use one's best to make our master and understand forex properly, because with a demo account we could easily have to learn many things about the forex properly, so that we can quickly in running trading well and can generate profit the big one Quote Link to comment Share on other sites More sharing options...
gaban Posted December 9, 2016 Share Posted December 9, 2016 Demo accounts should be we can use one's best to make our master and understand forex properly, because with a demo account we could easily have to learn many things about the forex properly, so that we can quickly in running trading well and can generate profit the big one Demo accounts had been properly utilized as best as possible, forex is the way one gets the money, but it does need science maximum we must have, is one of the ways yan gterbaik when tried in trading mersama instaforex using little capital to test mental and emotional burden to be trained Quote Link to comment Share on other sites More sharing options...
jamante Posted December 9, 2016 Share Posted December 9, 2016 there are differences between live and demo, i do trade both at hotforex, though its kinda noticeable the differences in terms of execution at times maybe due to the fact that liquidity providers do play a role at all this.. Quote Link to comment Share on other sites More sharing options...
radex78 Posted December 10, 2016 Share Posted December 10, 2016 Yes what the cause of difference is about real money and virtual money that affected to our psychology, if we trade in demo account of course we will free from emotion pressure and we can enjoy although facing large floating loss, and different with real money if we look large floating loss it will making fear and might we cut loss and still often making mistake Quote Link to comment Share on other sites More sharing options...
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