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    Thread: Is demo trading necessary for beginners? (Part 11)

    1. #1
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      Default Is demo trading necessary for beginners? (Part 11)

      demo account is our first step toward successfulness. we are construct understanding there. observe the market and read the way it behave, before we are point out strategy and proper risk management plan. after able to gain consistency, in other word, make profits more than losses, we are prepared and ready to jump to trade on live account.


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      Quote Originally Posted by standart     
      demo account is our first step toward successfulness. we are construct understanding there. observe the market and read the way it behave, before we are point out strategy and proper risk management plan. after able to gain consistency, in other word, make profits more than losses, we are prepared and ready to jump to trade on live account.
      We trade in demo account to get familiarize ourselves to the trading platform that we are using. Also we can practice the strategy that we want to use. Demo account is a practice account so its very important that we understand the risk involve here in forex trading by practicing in demo account.


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      Demo account trading is very necessary for the beginners. This account trading will provide the place of practice, to gain the experience and fundamental knowledge of trading. This account practice is good teacher for them. Those trader first use the demo account trading also get the success and money in the real account trading.


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      Yes there is no doubt this question,demo trading must be important for every new traders,demo is the mother for this trading business,demo practice helps to learn forex trading,demo trading helps new traders to make perfect for this trading business.


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      Of course this is ! Because for a beginners if you don't know how to trade a place an which type of trade will be good for you and how you can make profit from this market then will be just bad for you, and can't do anythings from real market so first learn to trading with demo free of cost.


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      Quote Originally Posted by Susmoy11     
      Yes there is no doubt this question,demo trading must be important for every new traders,demo is the mother for this trading business,demo practice helps to learn forex trading,demo trading helps new traders to make perfect for this trading business.
      I found a lot of similar threads about the usefulness of demo trading, we should not need to ask this kind, but I understand that this is often asked by new traders, they should take a demo practice for several months, it is true, they have to spend time in demo practice until they have a profitable strategy to start in real trading.
      "Behold the turtle. He makes progress only when he sticks his neck out"


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      Almost ! For beginners its necessary to use the demo account and get exact idea about the real trading, Its all free and give new traders full chance to improve their trading style avoid to loss money directly in life account its really useful if beginners use demo account like real account.


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      yes demo trading is very necessary for newbie bcuz there have no others way to start learning forex trading. but after learning some trading then we can use cent account for better skill and emotion control trading. but first of all every newbie have to start forex trading with demo account.


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      the demo account is the most important place when we are new in this business when we have time to learn and understand how to trade the market from the demo account we can surely make good money as well we are trading and this is why we need to have made time to learn and master how to go about this business when we are trading


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      demo account is the best place to take practice. no risk involve due to we are use virtual money. enjoy our time there till we are know the way to trade effective and make profits more than losses. for 3-5 months at least. but if we are struggle still, unable to gain consistency, no other option unless we should stick still with demo practice.


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