Practice in demo account

[Rufino Fiorentini]

Forex is a risky market. Traders often lose money. Do not open a real trading account unless you have practiced enough in the demo. Demo trading accounts are a great way to learn Forex trading. It's a free account which almost all broker provides. Also, it's too realistic to learn. That's why don't miss this learning opportunity.

 

[Lyle]

Forex is a risky market. Traders often lose money. Do not open a real trading account unless you have practiced enough in the demo. Demo trading accounts are a great way to learn Forex trading. It's a free account which almost all broker provides. Also, it's too realistic to learn. That's why don't miss this learning opportunity.

But trading with a Demo account I find will hinder one in the process when it comes to going to a real account.Because when you lose money with a fake account it won’t really affect because you subconsciously know that it’s not real money.

 

[dhanz]

i think it will be better in real account, but dont use standard account, just use mini account.

 

[cabel]

cent account much batter low risk only put lot 0.01...................

 

[chiexco]

i won on demo account,...but real account...not good as i try in demo account, but yeah,..its totally different in mind when trade with real money and fake money...

 

[pippin]

cent account much batter low risk only put lot 0.01...................

Low risk = small profit. Returns are proportional to risk, unfortunately there are rare situations when market offers good risk-reward opportunities.

 

[dokopy]

i won on demo account,...but real account...not good as i try in demo account, but yeah,..its totally different in mind when trade with real money and fake money...

Use a copier.

 

[Robert Hills]

Traders who want to trade in the forex business should first trade with a demo account and gain knowledge of trading. In that way, they can make a profit when they start trading with a live account. Because the harder traders work, the more profits they can make over time. Many brokers offers a free demo account.

 

[matthew.junk]

i think demo is just for getting use to how you are to execute your trading system/strategy. you ultimately want to practice with a live account albeit a small account unless you are confident. only then, scale up.