Demo accounts

Mazshura

Recruit
Messages
62
The demo account is just necessary for beginners. It allows you to get the required trading experience for free. During the demo trading, you get acquainted with the basics of trading, with different types and can decide for yourself what suits you best. A demo account can be just as useful for experienced traders who need to rehabilitate their psychological state after a failure.
 

Farm_Yard_Forex

Private, 1st Class
Messages
105
I would say for sure for sure demo accounts are necessary for practice and testing of strategies but unless you can truly treat it like a live account you will never get the same psychological impact as you do when your actual money is on the line.
 

benisback

Private, 1st Class
Messages
71
I would say for sure for sure demo accounts are necessary for practice and testing of strategies but unless you can truly treat it like a live account you will never get the same psychological impact as you do when your actual money is on the line.
live small stakes account good next step
 

FxProTrader

Recruit
Messages
15
The demo account is just necessary for beginners. It allows you to get the required trading experience for free. During the demo trading, you get acquainted with the basics of trading, with different types and can decide for yourself what suits you best. A demo account can be just as useful for experienced traders who need to rehabilitate their psychological state after a failure.
I am making use of the Demo trading accounts in doing my trades and this is why i cannot get any losses from the new trading strategy.
 
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