Thread: Demo account is not necessary for the sharp traders

According to my experience and observations, the demo account is not necessary for the start of a forex trading. If you have a common sens and you know a little bit how now about forex trading you can enjoy the live trading with a good start. This is my first month and i have earned 91 dollars from 10 dollars start.

Yes, demo account is very important for trader because they can learn forex trading without having to spend money and bear real risk. I can imagine how much money will be spent by trader if there is no demo account in forex trading. And if we have understand the basics of trading using real account, i think we should use no deposit bonus to test psychology because it cant be tested using demo account. Try to use 15 EUR welcome bonus from Armada Markets to get real trading experience.

We need practice with real account too. And remember, Do not trade without the reason. Do not open a trading platform only because you have nothing else to do or you cannot fall asleep. Trade only when there are factors that justify such actions.

Demo account is need in forex trading because without demo account, traders will spend much money just for learning. At least, we have trading experience and we can also understand characteristics of pairs which we use to trade.

Originally Posted by Pamm Manager

We need practice with real account too. And remember, Do not trade without the reason. Do not open a trading platform only because you have nothing else to do or you cannot fall asleep. Trade only when there are factors that justify such actions.

Very good advice sir...
Yeah, we must have reason while need to opening account trade in forex...

a demo account is a good place for us to be able to train properly because trading skills with a demo account using only virtual money so that we will be quiet when training on a demo account. so that we will become more skilled trader again