demo importance

[Fin Candy]

demo is a place to prove yourself how can you handle trading strategies you have , so, don't ignore the demo , you suggest 3-4 months to stay in here , its a long time for beginners level to keep patience in here, that's why i prefer minimum 1 months for that.

 

[Emathew]

Agreed! Atleast some time should be given for demo trading, that gives you a good hold on the markets, testing your strategies and practicing in general. This stage should not be missed at all.

 

[.Alphonsa]

A demo is a tool to practice before entering into live trading, and it's just for practice, so the time spent should be limited till you get familiarized with the forex software and platforms.

 

[Sarah09]

A demo is a tool to practice before entering into live trading, and it's just for practice, so the time spent should be limited till you get familiarized with the forex software and platforms.

Yes, but one must practice for a few months say 2-3 atleast for gaining a better view of how trading is done and backtesting their strategies.

 

[natalie2]

As an avid believer of how demo trading is very important, they plays an important in making you to understand how trading works and how you can learn how to strategize, implement and trade in such a way that you can improve in time.

 

[Fin Candy]

In Fx trading security is a major issue when choosing a broker. We the traders have to choose the broker which guarantee their clients funds.

 

[Fin Candy]

To enter Forex market is so much easy. With little amount you can kick off trading at any place. But the main deal is surviving that is really difficult. Because this market is too much volatile and no one can predict the real faction of this market with surely. so we have to pass a long time in here , if we want to get maximal result from here.

 

[AustinRos]

The demo is considered important because beginner traders require training and a tool to understand the forex market and its platforms.

The demo account provides traders with the opportunity to trade without any risk and money involved.

 

[JasonDubier]

The demo is an important tool to be used by beginners if they want to understand how to trade in a live market and what are the platforms available to trade.

 

[sharabela]

I believe demo trading is needed at any stage of someone's trading career. A trader may find a new strategy, he should not apply it straightway on his live account. He may want to trade on demo account at least for a month or two to find out how it works. At the beginning of a trader's career, he may spend at least a year in demo trading. There is a saying, invest your time before investing money in the market. We should never be in a hurry to get engaged with live trading.

 

[Frank.lin]

The demo is an important tool for beginners and also for experienced traders. It helps in developing new skills and strategies for new traders.

And for experienced traders, it is the best tool to try out new strategies without risking real capital.

 

[Jaskolski79]

Demo is important for beginner traders to learn and experience live trading without taking any risks involving real capital.

Experienced traders also prefer using the demo account to develop new strategies and skills.

 

[Fin Candy]

In Fx trading in spite of a profitable trading policy scalping cannot use in a broker due to many restrictions. by the way I am very lucky to choose LQDFX which for all time permits scalping including lowest trading spreads from 0 pips which is really supportive to make profit with certainly by using any kinds of trading techniques with scalping and hedging. so, my trading life is very much comfortable.

 

[imi2]

Demo is important for beginner traders to learn and experience live trading without taking any risks involving real capital.

Experienced traders also prefer using the demo account to develop new strategies and skills.

Yes i absolutely agree with this point, even if the new trader lose money during their learning phase they infact does not lose anything yet they gain experience from these bad trades.

 

[Justinjoez]

Traders that have skipped the demo trading and went live have mostly given up on trading due to the loss in capital.

Demo trading helps in understanding the basics of forex trading and it is a risk free environment so newbies can try all sorts of strategies and polish their skills.