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Demo VS real


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686 replies to this topic

#1
bringpeace

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we can find demo account and real accont in forex. many people they can success in demo but can't do same with real account. they doesn't know if real abd demo account very different. in demo we can't get pressure because we use virtual money and we didn't need loss our money if we fail, in real we can loss our maney and it make we under pressure
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#2
hexeduser

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I have not tried using a demo account before nor I have tried real forex before. I read something about their difference though and it just not about the pressure alone. There are certain things that actually is different from the demo compared to the real forex account
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#3
boniez

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yea, so I wonder if there is an advanced trading at a real but not for the demo lolz ...
but I think the concept of both is the same only our psychology who respond differently from both
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#4
anne

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Ive been thinking about give forex trading a shot. If I understand this right its bying and selling valuta. And then hopefully bying when its cheap and sell when its a gain. But the demo accounts where can we find them? They are for free? When I do the google on demo accounts the ones I get is for a month free then you need start paying and I would love to have more time to learn before I start it off......
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#5
hexeduser

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Is it advisable to go directly using a real account rather than a demo? I think going for a real account would make me learn faster and of course make me lose money faster too(at first) :lol:
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#6
boniez

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Is it advisable to go directly using a real account rather than a demo? I think going for a real account would make me learn faster and of course make me lose money faster too(at first) :lol:

haha yeah, you're absolutely right, but I think it is good precisely because it will train our mental in to trade in the real account, would feel uncomfortable even in the demo when we try to live in the real :lol:
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#7
anne

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Yess this is true, a real trading account is mentally more hard. But the thing is that I like to not know the basics. So just to learn the different functions in a trading account will make me nervous. So in this its like learning flash. If you needed to pubblish what you did in flash directly it surely would be crap. You dont even know the basics. So mistake will be done. This is why Id like to go for a demo account first for at least making really basic stupidities.
;)
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#8
Mangoes

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yea, so I wonder if there is an advanced trading at a real but not for the demo lolz ...
but I think the concept of both is the same only our psychology who respond differently from both


Exactly. The only thing different is how we think. We begin to chase after losses because we're using real money, and that often leads to disaster.

Ive been thinking about give forex trading a shot. If I understand this right its bying and selling valuta. And then hopefully bying when its cheap and sell when its a gain. But the demo accounts where can we find them? They are for free? When I do the google on demo accounts the ones I get is for a month free then you need start paying and I would love to have more time to learn before I start it off......


Most major brokers offer free demo accounts. Check out the list of brokers on this forum. There's a section for it.

Is it advisable to go directly using a real account rather than a demo? I think going for a real account would make me learn faster and of course make me lose money faster too(at first) :lol:


If you have never done Forex trading before, you should definitely learn with a demo account, preferably for a couple months at least. Going for a real account is not advisable unless you have sufficient funds (I would say $1000 would be a reasonable amount, though you can make a few trades with $100, anything less isn't really enough because a few losses would bring you down to nothing)
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#9
hexeduser

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If you have never done Forex trading before, you should definitely learn with a demo account, preferably for a couple months at least. Going for a real account is not advisable unless you have sufficient funds (I would say $1000 would be a reasonable amount, though you can make a few trades with $100, anything less isn't really enough because a few losses would bring you down to nothing)


$1000? Oh my I was just planning t save up $10 and try :lol: I guess I will stick to PTP for now and if ever I'm more comfortable with losing big amounts of money then I will have to try the real forex trading. For now I guess I will try to learn forex with a demo like Anne
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#10
boniez

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but the longer I'm getting used to the loss and margin call may be too often that it becomes a matter, of course but better repaired, unless we have a lot of money :P
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#11
Nagilover

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I learn Forex and test trade from Demo cash. But now I trade in Real cash only. Because I learn and test trade many month. I like all and newbies like trade with demo too.
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#12
ccsang

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demo account just a demo cash ,not a real cash, if need real cash we need to use real account to earn real money,but need step by step, newbie must use demo account first and learn about on demo account.
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#13
tprhzm2009

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As a beginner, I suggest that you'd better trade in demo account at beginning. it will help you familiarize forex trading circumstance. it will do great help in your following real trading. But I don't suggest that we spend a long time to trade in demo account, after all, there are many difference between demo account and real account, so it is necessory to start trading in real account after you familarized how does forex work.
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#14
standart

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For first time. of we still newbie and have not experience with trading. better to learn and practice with demo account first. at least to know all tool in trading platform. but to learn about emotion management, we should use real trading account.
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#15
hyippro

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Yes, i'm agree. I'm running in demo account too right now. But many people said when you get into real account, you will get different result.
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#16
yogesh

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This is really good to try Demo A/c when you want to learn forex.
But to get the actual experience Real A/c is needed though may be with small amount,
as we get real exposure only when our real money is involved.
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#17
dhanpreet

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Thinking of the demo account as real may be helpful but only for a minority of traders and even they will often make occasional slips where they retain their consciousness about the virtual money involved, so the only tru and effective way out is to trade on a real account with small deposit--less than $50--and micro or mini lots.
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#18
omarelalfy

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Ive been thinking about give forex trading a shot. If I understand this right its bying and selling valuta. And then hopefully bying when its cheap and sell when its a gain. But the demo accounts where can we find them? They are for free? When I do the google on demo accounts the ones I get is for a month free then you need start paying and I would love to have more time to learn before I start it off......
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#19
dennypiyu

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demo account is very different with real account. in demo it is no problem if you lose hundred dollars there if if in real is very dangerous. demo account is just a place for training you in forex, to know how to find good strategies in forex so if you have found it you can apply it in real trading
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#20
Droganan

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I believe demo and real in forex is almost EXACTLY like fun money and real money in casinos. The fun money is their way of saying try out your strategies here and see that it wins so you will try it for real and LOSE! Demo and fun money are the same thing and should never be the basis on which you decide to start trying something for real because it is likely going to end badly for you.
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