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Demo account is the best and the most suitable for people who want to see how good they are when it comes to trade or someone who just start to trade and thanks for demo account right now i don't have to suffer bigger losses just when i want to learn.

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  • 2 weeks later...

Demo trading is very important, without demo trading a trader cannot develop into a good trader. Those who don't trade in demo seriously will not be able to become good traders in their real account.

 

yes of course, a demo account is very important for traders with demo account because it will make our trading skills increase. For that, we need to use a demo account with a well, so it will allow us to trade with the maximum. By using virtual money so we could be comfortable to practice trading

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Kim, it is true that demo account or demo trading is very important, but you wouldn't stare that for a long time, even you get profit that is just virtual profit that you can't withdraw. It is important as learning part or experimental. still important for sure but not so important i think.

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In forex trading, the demo account is an account that is also important because the demo account then we can train the skills of trading. For that, we need to use a demo account so well that would allow us to trade with the maximum. In a demo account, we can practice trading well, so that will make us be successful in forex

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@gaban: that is why this one is very important, with virtual account someone can try something that they never did before without worrying about losing more of their money into that experiments, many people from newcomers to big traders must be use virtual account at least once.

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  • 3 months later...

@sidejob: So far demo account has been changed foreign exchange radically, this is something that many kind of concept cannot do. Trading cost is lower and there are more people who willing to join forex and spread this business around. Thanks to its no risk nature, forex become more popular with the help of this demo account.

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It is surely important for traders, virtual account or what we called demo account contain no risk and with this charateristic, people can see demo account as a good place to do experiement or as the place to do trial and error thus use it for their own sake eg:: Newbie will use demo account to make theirselves familiar with button and all things they have learnt before.

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complete your knowledge and then start demo trading. Spend enough time to follow the videos and articles. If you start demo trading while you are not ready yet, you will only make yourself confused, frustrated and disappointed. Forex makes money. Do not let your mistakes make you think that you can not make money through forex.

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Demo account is for making practice in forex trading. We must use demo account as well as possible to get more maximal profit in forex trading. And as we know, forex trading is not easy. Using demo account to start trading, we will get trading experience and get more knowledge.

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any experienced trader will always suggest new trading before start their real forex trading to use demo account. because they can learn a lot from demo acount and will get many experience by do demo trading, without spend money they can good experience.

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Of course, just imagine a place where you can do near anything without any fear of losing your money? All traders no matter what their level or experience would be gladly open an account in demo account. The importance of demo account is not a joke nowadays, it is a must for any brokers in this world.
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Virtually all of these accounts are useful for trader's daily activities because as we know it would help us to trade effectively and efficiently. In modern trading especially in margin trading, people need both of these accounts. First to learn and second and the last is to experimenting about something like new technique or strategies.

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Yes, demo account and real account are important for traders, but demo account in fact is one of the things what contribute to a trader's success during their early days as forex trader. They will be able to become something that different and getting better thanks to the demo account.

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  • 3 weeks later...

demo account useful to those who has no knowledge and experience. traders can practice there without risk of losing money. they can observe the market and test various strategies. stick there till we are able to make profits more than losses. before we are decide to trade on live account.

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It is a common mistake to associate demo account with newbie, or novice trader who doesn't have any knowledge or experience. In fact demo account also a good place for experienced traders to do something with their experiment, if new strategy is coming out a trader will first put it in demo account for a while before try it in real account.

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Yes, but demo account doesn't teach you anything, it is a virtual place to be exact an experimental place where you all can trade without much worry inside of your own mind. It's a perfect place for practicing, but the place where you get a teaching about forex is in blog, forums, or other places that shares the knowledge through its own media.

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  • 2 weeks later...

I always see demo account as important stepping stone for a newcomer to be full-fledged trader, well it maybe a bit boring especially if you can show that in around 5-6 months a consecutive profit but it doesn't mean you are ready enough, sharpening your skills by put yourself in more trading and also analyze the data to make prediction. Thanks to its virtuality demo account is the suitable place for learn.

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  • 2 weeks later...

I always see demo account as important stepping stone for a newcomer to be full-fledged trader, well it maybe a bit boring especially if you can show that in around 5-6 months a consecutive profit but it doesn't mean you are ready enough, sharpening your skills by put yourself in more trading and also analyze the data to make prediction. Thanks to its virtuality demo account is the suitable place for learn.

 

Demo account is good for new trader. We can use demo account to learn about forex base . And surely, it will take time to understand about forex trading. managing money and analyzing market are skills we need for maximizing our trading fund. But we should not forget about trading psychology

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