Jump to content

Exchange Blog Cryptocurrency Blog


All Pips



Recommended Posts

Sure, i wonder if newcomers really know about this one, wrong decision means the impact is bigger and more than what we may expect before. Demo account on the other hand doesn't have something like this. All free, all virtual, and you don't have to worry about losing your money because you can create another one if you lose, it is just like you have unlimited amount of money.

Link to comment
Share on other sites

  • 2 weeks later...

Sure, i wonder if newcomers really know about this one, wrong decision means the impact is bigger and more than what we may expect before. Demo account on the other hand doesn't have something like this. All free, all virtual, and you don't have to worry about losing your money because you can create another one if you lose, it is just like you have unlimited amount of money.

 

Yeah, we do not need to worry about losing our money. We can use demo account as much as we want. But we need to maximize demo account as well as possible to make us be better and better more.

Link to comment
Share on other sites

But @ aliforex you should remember that in demo account there is no thing such as profit i mean the real one, so if you use demo account all you get is experience and also maybe some instant knowledge. In this case this is why we can see a lot of people perform well because they don't have to bear the burden.

Link to comment
Share on other sites

The risks inherent in forex should be minimized by good. Because if our own can not be minimized, we are also not going to be the most. In a demo account, we can train the ability to minimize the risks in forex.

 

Agree, make sure to take your time while learning on how to minimize the risks so you can face several different situations after you opened your trading positions.

Link to comment
Share on other sites

The risks inherent in forex should be minimized by good. Because if our own can not be minimized, we are also not going to be the most. In a demo account, we can train the ability to minimize the risks in forex.

Well, the way for us to maximize the profit can be done through practicing in demo account. Well, demo account is some sort of good way for us to get more experience but we won't get earning from that just experience. While in real account we will get profit and experience. People who trade in demo account usually make more profits because of the relaxing nature of demo account.

Link to comment
Share on other sites

Well, the way for us to maximize the profit can be done through practicing in demo account. Well, demo account is some sort of good way for us to get more experience but we won't get earning from that just experience. While in real account we will get profit and experience. People who trade in demo account usually make more profits because of the relaxing nature of demo account.

 

Because even we're trading in a simulation account, we can earn some experiences that we can use for our own evaluation.

Link to comment
Share on other sites

Agree, make sure to take your time while learning on how to minimize the risks so you can face several different situations after you opened your trading positions.

Yes as trader need they minimize the risk with goal to increasing profit of course, and to achieved this goal of course they need learn well how to analyze the market and also they need strong psychology which about psychology has high role in trading
Link to comment
Share on other sites

Our skills in the trade will improve lives we always try to run this business. When we often experience loss or profit it includes our experience in trading. So over time we will be more refined skills.

 

But we can consider these losses as part of our experiences and evaluate it so we can improve our trading skills.

Link to comment
Share on other sites

Emotions when trading had to be in our control if we want to be able to get the maximum profit in forex. We could try to use a demo trading account and a real account with a small capital.

 

Agree, because our own emotions can trigger some reckless actions that will put our trading account in danger

Link to comment
Share on other sites

Agree, because our own emotions can trigger some reckless actions that will put our trading account in danger

Keep in trading with calm minds, control emotion is very much important during trading, because often if we trade based only with emotion hence result that will obtained only get failure and usually will leading trader making bad decision like as revenge and reckless using margin because desired to recover loss at short time
Link to comment
Share on other sites

Keep in trading with calm minds, control emotion is very much important during trading, because often if we trade based only with emotion hence result that will obtained only get failure and usually will leading trader making bad decision like as revenge and reckless using margin because desired to recover loss at short time

I am trying to do something like that, but to be honest when something is going wrong for many times it is hard to keep myself. Calm emotions will give us better advantage rather than the other traders, not to mention that with calming mind someone who trade in demo account usually gives better performance than panicked one in real account.

Link to comment
Share on other sites

I think that usually newbie traders suffered many losses in real account although they could make good profit in demo account. it is because demo account is really different with real account. Also the psychology is different here and then because we underestimate real account after we succeed to earn many profits in demo account. 

Link to comment
Share on other sites

They can get trading experience using demo account and it will help them when they use real account. I think they also should try trading using real account to test their psychology, because when we trade using demo account, our psychology is not be honed, in fact they are traders who are failed because they did not have good psychology

Link to comment
Share on other sites

Usually in demo account as trader they will free from emotion pressure and usually start with huge capital as initial deposit, while in real account usually as trader start with smallest amount capital and already involved emotion which often because greedy and also fear might making trader messed up their plan trading

Link to comment
Share on other sites

Because there is no risk involved in demo accounts and therefore you don't have your emotions involved in the demo trading

 

Demo account is also important, helpful for new trader. They can use demo account to more improve skills. Try to maximize demo account as well as possible because it will helps us. We will get traading experience to make us be more ready to start trading

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...