my advice, things to watch out for is practicing in a demo account before entering the trade on real account is a necessary condition that must be done by a novice trader. These stages do not proceed if you do not want to waste money in vain
my advice, things to watch out for is practicing in a demo account before entering the trade on real account is a necessary condition that must be done by a novice trader. These stages do not proceed if you do not want to waste money in vain
Demo accounts are very good for practicing and for testing several indicators and forex strategy's performance but you cannot get real experience until you start trading in your real account.
in some brokers they dont but with instaforex i have noticed they moved exactly at the same speed and time and i am happywith that, some brokers the demo moves and lags behind live accounts
i think maybe you have make the trading on the real account and you can find out that is having some different between the demo account with teh real account, i have already finding too many thing that is different between both of them ,like the psychology and the money
yes there are no different among these two account.the only difference is in demo tread the money is not real and your profit too. but in real account or live account you loses or take profit really.
well a good performance based on a system on demo will only gaurantee a good performance on live if you dont allow emotions to overide your emotions when trading live, live trading has emotions, demo does not
In forex there are two types of account and these are
1. real account
2. demo account
Every trader should practice in demo account for learning purpose then if he think that now i am prepare for real trading then he can go in real trading otherwise not.
I'm agree with you, do not be too long we practice on a demo account. sparingly. because the issue of trading is actually a mental problem. so should we train our mental real trading accounts, or at least on account cents
real accounts and demo accounts that have several different calculations, there is a match for the train there is also a suitable strategy for risk management training