If we are trading with a reputed and reliable Forex Broker then our trading will also become profitable as we would be able to get a good income using our trades. This is also a reason why we should try to trade with such brokers
If we are trading with a reputed and reliable Forex Broker then our trading will also become profitable as we would be able to get a good income using our trades. This is also a reason why we should try to trade with such brokers
Our trading will not become profitable just because we trade with a certain broker. Our trading should be good enough, and a good broker will allow as to win or to loss only according to our performance, and not the broker'sIf we are trading with a reputed and reliable Forex Broker then our trading will also become profitable as we would be able to get a good income using our trades. This is also a reason why we should try to trade with such brokers
90% is our performance, 5% our broker's help, and rest of them is luck.
This is common thing in demo account will not involved emotion, because only use virtual money which this will not make trader being fear to losing money, and will very different if trader use real money in addition they spent money from their own pocket money, it will involved emotion because they have goal to increasing thier investment.
In the Demo trading we get a lot of trading opportunities and we need to take advantage of such trading situation and learn our trading well. If we will learn trading then our trading will become good
However we can free use demo account to test any strategy or system trading, if we can discipline treat demo account with involved money management and risk management learning hence it will useful for early preparation before investing money in real account.In the Demo trading we get a lot of trading opportunities and we need to take advantage of such trading situation and learn our trading well. If we will learn trading then our trading will become good
I have seen many traders learning the advantages of trading in the Demo accounts and this also means that they can now focus on learning their trading and improve it in the coming times
Yes this is very essential for beginner they practice in demo account which if trader keep seriously in learning to test any strategy or system trading for certain period of time before they decided to use real account, it will help much to minimize the risk if already jump in real account.I have seen many traders learning the advantages of trading in the Demo accounts and this also means that they can now focus on learning their trading and improve it in the coming times
In your demo account you don't need to invest any money. So you don't care about that. If you loss your money then it will not affect on you
Yes this common thing if trading in demo account will not involved emotion because only use virtual money and will different if we use own money hence feeling fear losing money will involved in real account, but of course to built up good psychology trading hence real account is better than demo.
If we want to learn about trading and also want to know which trade will give us a good income then we should make use of the Demo trading accounts. When we are using the Demo accounts in our trades then we do not have risks in our trades
Demo account only use vitual money that provided by broker as one service for their client before trader jump to real account use real money, in demo account as beginner they will learn in real market condition use virtual money , but indeed beacause only use virtual money so many trader will free from emotion pressure because although getitng loss it's not real money.
It is true that many of the traders are taking advantage of trading with the use of the Demo trading accounts and this makes them learn well about trading so that they can gain good income in the Real trades
It's very good if any beginner they willingly to spent practice in demo account for learning process, but sometime many beginner tey rush jump to real account because they want to making real money, and mostly trader beginner they facing failure in real because not yet seriously practice in demo account.It is true that many of the traders are taking advantage of trading with the use of the Demo trading accounts and this makes them learn well about trading so that they can gain good income in the Real trades
This is general thing if trading in demo account will less emotion pressure, because treat real money and virtual money is different emotion, as real money trader will feeling fear to losing money while in demo account trader will free from emotion because it's money unwitdrawable.
The psychology behind trading is more important than a lot of beginners usually think. When I started out a few years back, I remember my heart racing almost as soon as I entered a trade! haha. I remember speaking with one older gentleman at a stock trading conference a few months back and he used to be a day trader. He said that it became so stressful at times that he had to stop trading because of health issues.
For those looking to get accustomed to the psychological aspects of trading, I'd recommend a broker that offers free live accounts. I've used a couple in the past and they've been somewhat beneficial. The two I've used previously are XM [URL deleted] and Silicon Markets [URL deleted]. They were both fine.
For those looking to get accustomed to the psychological aspects of trading, I'd recommend a broker that offers free live accounts. I've used a couple in the past and they've been somewhat beneficial. The two I've used previously are XM [URL deleted] and Silicon Markets [URL deleted]. They were both fine.
Last edited by a moderator:
However practice in demo account is very important for trader to test any strategy with free of risk, but indeed practice in demo can't built up good psychoogy trading, and mostly trader only treat demo with free from emotion pressure because only use virtual money, and to develop better psychology trading indeed real account will better than demo.
Whenever we are doing our trades in the Demo accounts we have to understand what are the safe trading levels for us. Once we get to know about them then trading will also become a lot more easier for us
It's very simple. On demo accounts you have no fear of losing real funds and believe it or not it makes a very big difference in your trading decisions. Still demo accounts are good for testing purposes.
Similar threads
