It is excellent for all beginners to feel the market and realise how exactly trading is functioning. Excellent place to become aware of traders deficiencies and what needs to be improved. I am still using demo account to test new trading methods
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It is excellent for all beginners to feel the market and realise how exactly trading is functioning. Excellent place to become aware of traders deficiencies and what needs to be improved. I am still using demo account to test new trading methods
Yes, demo account is very helpful. The best thing about demo account trading is that it is free of cost and you will not lose a single dime in it. Demo trading helps you give experience of what you are going to face in the future. So, don't forget to do demo account trading.
Exactly, it is free of charge, so why not use this chance and use it as much as possible. I haven’t heard that there are any sort of restrictions on demo, so it can be used both in the beginning, for learning purposes, but also later, for various testing purposes
Demo account is really a huge aid for the traders as they can get used-to trading without losing any thing. It is important to do some practice before getting into a technical job. Education and demo account trading combines to make a successful trader. Thanks!
Demo is very good if the same moves you're seeing on the demo are the same moves on the real account, Brokers such as FreshForex offers you demo which have the same moves as the real account. That makes it idea for people who want real life trading.
Demo account is helpful for any beginner trader to practice whatever they learnt. But it wont help you in long term as trading real account is much different than the real account. A lot of trading problems are to be faced while trading a real account and it can only be learned from the real account and real experience. So, i suggest people to use a small real account to help them get used to actual trading enviornment and the real trading problems.