Demo trading is a must for experienced traders. New traders become impatient and get carried away with the feeling of making quick profits, which doesn’t necessarily work in forex trading.
Yes, demo account is not only for beginners but experienced traders also rely on demo accounts to test new trading strategies and determine if they’re worth a shot in the real world.
Demo accounts are not that helpful as many other traders say they are. All you should do there is learn the basic functions of the platform. But when it’s about real practice, live trading with a small amount is a better option as you find out what the live market looks like in real life and what outcomes certain moves will get.
Woah, how can you say that? Demo is so useful to not just only for newbie but also pro. We literally use them to formulate or backtesting the strategies. That is very helpful especially when you do not want to risk losing your money in live trading.
the result of demo trading could be really good just if you can focus on there. this is a master place to become a knowledgeable trader.
The demo account is beneficial for beginner forex traders and more experienced ones who would like to test new trading strategies without risking real money. The demo gives traders a chance to practise forex trading without depositing money into their accounts.
right now i am using some exotic pairs in demo to see the performance how it works. its really supportive
The forex demo account is ideal for exploring, testing, and learning more about trading in a risk-free environment. Because forex trading provides unlimited possibilities for profiting while involving risks, a demo account offers the comfort of trying and failing with no financial risks.
You newbies keep posting the same hollow statements over and over again. All this semi-wisdom sounds detached and copied. You don't trade and you're only here to promote shade brokers!