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Demo or Real account for Practice (advice)

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Antint2010

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Hello everyone, am new here! Please I need an advice, all my life I’ve been having difficulty trying to learn anything that won’t cost me, e.g I having try to practice Forex trading with demo account as required by pipsology but is not that easy for me, because its like a fiction to me, no risk, no fun, I just really think if I could put in little deposits like $100 into real account, would be more challenge and educative to me than demo account… ADVICE PLEASE

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#1 - February 09, 2019, 01:16:47 PM

Lordmishi

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If u think demo account is easy for you, u should try deposit with your own fund, but trust me buddy, its on another level, live account is hard to maintain.

My advice for you is you better search some no deposit bonus from some broker, it is good, if you profit you can withdraw wit their t&c of course
#2 - February 09, 2019, 01:21:22 PM

anca1987

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Quote from: Antint2010 on February 09, 2019, 01:16:47 PM
Hello everyone, am new here! Please I need an advice, all my life I’ve been having difficulty trying to learn anything that won’t cost me, e.g I having try to practice Forex trading with demo account as required by pipsology but is not that easy for me, because its like a fiction to me, no risk, no fun, I just really think if I could put in little deposits like $100 into real account, would be more challenge and educative to me than demo account… ADVICE PLEASE
Good evening friends, if in my opinion it is better to learn first on a demo account for several months, if later the development is good then it is possible to deposit. But if you have a lot of money, you can just deposit directly for experience.
#3 - February 09, 2019, 01:36:45 PM

rafid

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honestly I started forex trading with a live account. with real account makes me more excited to learn forex although there are risks that we have to face. but everything returns to you, if you really want to try a real account, I suggest using a lot 0.01, if you use $ 100 capital, it's enough to hold 1000 pips movement.
#4 - February 09, 2019, 01:37:15 PM

putra1897

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I think, for new people in forex ... there's good if you try the demo FX account first, while continuing to study ... look for good learning references with a good mentor
#5 - February 09, 2019, 01:47:23 PM

rinshei

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Quote from: Antint2010 on February 09, 2019, 01:16:47 PM
Hello everyone, am new here! Please I need an advice, all my life I’ve been having difficulty trying to learn anything that won’t cost me, e.g I having try to practice Forex trading with demo account as required by pipsology but is not that easy for me, because its like a fiction to me, no risk, no fun, I just really think if I could put in little deposits like $100 into real account, would be more challenge and educative to me than demo account… ADVICE PLEASE
if you want wasting your time in demo account is okay, but i advice to take a micro account, its real account with smaller initial deposit off course, you can learn with it and you can get some extra money too if you profit, rather than demo hehe
#6 - February 09, 2019, 01:49:06 PM

ariezz

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Quote from: Antint2010 on February 09, 2019, 01:16:47 PM
Hello everyone, am new here! Please I need an advice, all my life I’ve been having difficulty trying to learn anything that won’t cost me, e.g I having try to practice Forex trading with demo account as required by pipsology but is not that easy for me, because its like a fiction to me, no risk, no fun, I just really think if I could put in little deposits like $100 into real account, would be more challenge and educative to me than demo account… ADVICE PLEASE
You should practice on a demo account first, then switch to a bonus account or micro account if you have the last consistent profit to the real account in order to minimize losses and maximize trading learning time.
#7 - February 09, 2019, 01:53:39 PM

Madealvin

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Quote from: Antint2010 on February 09, 2019, 01:16:47 PM
Hello everyone, am new here! Please I need an advice, all my life I’ve been having difficulty trying to learn anything that won’t cost me, e.g I having try to practice Forex trading with demo account as required by pipsology but is not that easy for me, because its like a fiction to me, no risk, no fun, I just really think if I could put in little deposits like $100 into real account, would be more challenge and educative to me than demo account… ADVICE PLEASE
My advice is to learn first before the demo account for 3 months. if you can survive on a demo account for 3 months just think of the small target profit may be 1-10% per month for 3 months, if you can survive for 6 months try opening a real account capital of $ 10 practice managing funds from the smallest.
If you enter directly into a real account, you will definitely lose funds because your psychological factors and trading hours have not yet mastered.
#8 - February 14, 2019, 06:15:38 AM

alfrz26

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Quote from: Antint2010 on February 09, 2019, 01:16:47 PM
Hello everyone, am new here! Please I need an advice, all my life I’ve been having difficulty trying to learn anything that won’t cost me, e.g I having try to practice Forex trading with demo account as required by pipsology but is not that easy for me, because its like a fiction to me, no risk, no fun, I just really think if I could put in little deposits like $100 into real account, would be more challenge and educative to me than demo account… ADVICE PLEASE
for newbie I suggest practicing demo or account cent, sir, to practice analysis, MM, etc. because in forex is not an easy thing to get a profit, even if without analysis and knowledge, all your balances can be quickly drained.
#9 - February 14, 2019, 06:22:44 AM

blinkid

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Quote from: Antint2010 on February 09, 2019, 01:16:47 PM
Hello everyone, am new here! Please I need an advice, all my life I’ve been having difficulty trying to learn anything that won’t cost me, e.g I having try to practice Forex trading with demo account as required by pipsology but is not that easy for me, because its like a fiction to me, no risk, no fun, I just really think if I could put in little deposits like $100 into real account, would be more challenge and educative to me than demo account… ADVICE PLEASE
Actually, either using a demo account or real is just the same psychologically, depending on how traders deal with it. It's just a matter of difference in thinking, so we just need to switch by assuming that the capital in the demo account is like our own capital. That way traders will be able to learn trading also psychologically. If you can appreciate the capital on a demo account especially by using a real account later. So if in my opinion, it is wiser if traders learn and practice forex trading using demo accounts, bonus capital accounts or trading contest accounts first.
#10 - February 14, 2019, 07:17:13 AM

indra88makmur

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I prefer to hone my trading skills in a demo first. then use a good trading plan and make money management that suits you. if all goes well then you can start in the real account
#11 - February 14, 2019, 07:24:02 AM

Abdul Hakim

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Quote from: indra88makmur on February 14, 2019, 07:24:02 AM
I prefer to hone my trading skills in a demo first. then use a good trading plan and make money management that suits you. if all goes well then you can start in the real account
that's right. learn the demo until the profits are large and continuous. after that bounce mentally when entering a real account
#12 - February 14, 2019, 07:26:43 AM

Luky andriya

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Quote from: Antint2010 on February 09, 2019, 01:16:47 PM
Hello everyone, am new here! Please I need an advice, all my life I’ve been having difficulty trying to learn anything that won’t cost me, e.g I having try to practice Forex trading with demo account as required by pipsology but is not that easy for me, because its like a fiction to me, no risk, no fun, I just really think if I could put in little deposits like $100 into real account, would be more challenge and educative to me than demo account… ADVICE PLEASE
to start in the trading world it would be nice to start from a demo account first. if you can already analyze the new market, enter the real account.
in terms of psychology, an account demonstration will not disturb the psychology of a trader, but if you directly enter a real account, it is too risky if you don't know the ins and outs of the market.
my advice, to test your psychology, use the no deposit bonus account from the broker who made the promo. try your psychology there. if profit can be withdrawn it can be used to open a real account in the capital collection stage

#13 - February 14, 2019, 07:27:25 AM

Ariyudin

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every trader before plunging directly into a real account is sure to do a demo with a demo account first for introduction and try various techniques that suit the style of trading using a demo account usually if we consider loss or loss is not a problem this will certainly be different using real train accounts psychological trading is indeed better to use a real account, and in my opinion you should use a real Cent account compared to using a real standard account because with a real cent account we get a depo with minimal capital with good resilience so it is suitable to train our psychological trading
#14 - February 14, 2019, 07:30:07 AM

Aranchar

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Quote from: Antint2010 on February 09, 2019, 01:16:47 PM
Hello everyone, am new here! Please I need an advice, all my life I’ve been having difficulty trying to learn anything that won’t cost me, e.g I having try to practice Forex trading with demo account as required by pipsology but is not that easy for me, because its like a fiction to me, no risk, no fun, I just really think if I could put in little deposits like $100 into real account, would be more challenge and educative to me than demo account… ADVICE PLEASE
Hello Friend
if I may give input
you better learn to use a mini account or cent first
than a demo account

because the cent account, does not require a large deposit
with a 5 $ deposit if converted to cent there are already 500cent
I think this is enough to learn techniques as well as psychology
#15 - February 14, 2019, 07:48:16 AM
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