Trading in a demo account will not be at risk, as we know that trading on a demo account only use virtual money and therefore we need to use a demo account to practice trading with good skills but not to train the psychology of trading. To train psychology should use a real account with a small capital
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05-01-2016, 10:42 PM #11
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05-03-2016, 01:28 AM #12
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Traders can take any type of risk in demo account. They don’t feel any fear for taking risk. So they can take high risk in news time and make huge profit.
Traders do not think about their losing trade. When any trade goes against, traders do not afraid for that loss.
Traders do not try to use their brain for analysis. They do not give time for making any analysis. So when they get time, they take trade without analysis.
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05-04-2016, 12:44 AM #13
whose name trading using virtual money then trading demo account does not feel the risk. As we know that forex is a business that has a high risk and therefore we need to be able to minimize the risks by trying to trade with a demo account first, because a lot we can do in a demo account in addition to improve trading skills. we can do a backtest on a demo account before the start of trading on real accounts
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05-16-2016, 03:09 AM #14
Demo account is very important to test the strategy or a new way to play this trade without the worry of losing money we have. but if the aim is to train psychology, must use a real account, because the demo account is ineffective to test the psychological distress that does not exist. If you want to trade without risk, TICKMILL offer free 30$ no deposit bonus for a newbie
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05-20-2016, 02:20 AM #15
Yes of course, demo account is very important in forex trading. Trading with a demo account will allow us to improve the skill. although a demo account can not practice trading psychology but demo account have great benefits for traders. if you want to train psychology then we could try to trade with little capital out of $ 1
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05-30-2016, 03:09 AM #16
Yes, In demo account you can practice your trading very easily without any tension also can improve our skill. You can check whatever indicator or strategy you want to try without having fear of losing real money. But if you want to trade without any deposit, TICKMILL provide free 30$ no deposit bonus
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06-02-2016, 08:47 AM #17
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Obviously it’s created for that only, if demo was risky then why will it be called demo? When we trade in demo we don’t get any benefit or loss in terms of money while we obviously gain a lot in terms of experience and knowledge, so that’s why we got to be eager to work on demo, it’s definitely boring for many, but it’s equally profitable as well, so it’s basically our choice to make whether we’re happy with losing or struggling or willing to make it big through hard work. I am forever ready and that’s all to do with OctaFX support and that’s with their lovely demo contest like cTrader, it’s weekly based yet got unbelievable prize of 400 USD, so that’s pretty cool and makes thing easier to manage.
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07-19-2016, 01:25 PM #18
In the demo account then we can practice trading with no risk either for a demo account will allow us to improve the skills well. on a demo account only virtual money then we have to use a demo account with either. with virtual funds so it's normal if there is no risk in a demo account
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07-21-2016, 04:56 AM #19
certainly when we are trading on a demo account we will never see any risk, because we are using virtual money, so with a demo account it is the easiest way to learn trading with real without any risk at all, we can trade exactly the same as a real account without the need to deposit or trading risk
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07-25-2016, 06:07 AM #20
yes, a demo account is the best way for us to be able to practice the skills of trading. with a demo account a lot of things we can do. We can try to test trading strategies, trading skills practice, determine trading conditions, all we can do in a demo account. for that, we have to use a demo account with either
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