Demo trading for 6 months

[trader30]

I wonder what those big deals are?

Deals with 1.0 lot size and not on CENT accounts.

 

[ForexVerified]

Deals with 1.0 lot size and not on CENT accounts.

Well, if your account is not proportional in size with such lot, you'll be wiped out in less than a year.

 

[trader30]

Well, if your account is not proportional in size with such lot, you'll be wiped out in less than a year.

Thank you for with / advise
I will try to learn more and will not lost my balance

 

[kingsman]

It is right that spending six months on demo account will be the long time and I think will be the waste of time, we should get practice on demo account only two months as 2 months are enough for getting practice, then we should start the real business.

 

[carnelian]

Success in demo is guarantee that trader will win in real trading too. Demo trading makes you trained to face forex market . Then you have to make skill in real trading with low risk trading so that `they will control on your emotions and manage your account.

 

[trader30]

Success in demo is guarantee that trader will win in real trading too. Demo trading makes you trained to face forex market . Then you have to make skill in real trading with low risk trading so that `they will control on your emotions and manage your account.

I dont think so.
Demo and real trading is very different things.

 

[dianajs]

Success in demo is guarantee that trader will win in real trading too. Demo trading makes you trained to face forex market . Then you have to make skill in real trading with low risk trading so that `they will control on your emotions and manage your account.

Learning to deal with the psychological pressure related to trading with real money usually happens when trading on a live account. While the demo one is immensely helpful to the learning process, it can't assist you much in that regard.

 

[Pharaoh]

Success in demo shows the potential for success in live trading, not the guarantee of such.

 

[Desacete]

Pharaoh, I agree with you absolutely. A demo account has just one disadvantage - it's demo. You will never learn the trading psychology on this account.

 

[Naxramos]

you cannot make real money on demo and psychology has nothing to do with it. What's the use of trading then? Only for pleasure, but money is a nice bonus anyway.