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Demo or Real account for Practice (advice)

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zhamal andreal

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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
better you use a demo account first as a system exercise that you use, if for example you consider the demo there is no challenge, but make your demo account as a challenge for your system, can you make a profit that is consistent with the system that you use, if you can go to your real account, don't jump directly to the real account, it will only make your money run out. thanks
#16 - February 15, 2019, 03:30:54 PM

Antint2010

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Quote from: zhamal andreal on February 15, 2019, 03:30:54 PM
better you use a demo account first as a system exercise that you use, if for example you consider the demo there is no challenge, but make your demo account as a challenge for your system, can you make a profit that is consistent with the system that you use, if you can go to your real account, don't jump directly to the real account, it will only make your money run out. thanks
Yes dear.. i try it. Finally i can make my own trading style and strategy by using demo. And now i trade real money with discipline, confidence and constant profit.
Thankyou
#17 - February 17, 2019, 01:27:09 AM

ngs1979

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Quote from: Lordmishi on February 09, 2019, 01:21:22 PM
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
Strongly agree, after we learn about forex, terms and whatnot, we must be curious to go straight into the market, so we certainly still don't know much about the ins and outs of the market, a little advice is better looking for free from boker bro bro promos or deposits cents account is safer because capital is very minimal for real learning.

if it's still new to the free list, it's usually impatient because there are many conditions, and it must wait for some time.
#18 - February 17, 2019, 03:15:13 AM

Ariyudin

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Quote from: ngs1979 on February 17, 2019, 03:15:13 AM
Strongly agree, after we learn about forex, terms and whatnot, we must be curious to go straight into the market, so we certainly still don't know much about the ins and outs of the market, a little advice is better looking for free from boker bro bro promos or deposits cents account is safer because capital is very minimal for real learning.

if it's still new to the free list, it's usually impatient because there are many conditions, and it must wait for some time.
most beginners are indeed very ambitious when they only have a demo because the demo will cause greed because when trading in a beginner demo usually a large prfit will emerge with high self-esteem or easy forex in the end he tries to deposit a fairly large amount when trading mentally untrained when on the demo there will be a very different difference when trading on a demo with real as a result of trading using emotion and ending the MC, so I realize to try practicing psychology before a large deposit can be in the form of prmo broer or cent account.
#19 - February 17, 2019, 03:31:03 AM

Alfrians

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that's right sir! I experienced this first, I traded capital no matter how much it was lost, never profit, for the initial emotion I was tested once I wanted a lot of profit and directly WD, but on the contrary, the capital was gone, not left at all.
#20 - February 17, 2019, 03:40:42 AM

ngs1979

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Quote from: Ariyudin on February 17, 2019, 03:31:03 AM
most beginners are indeed very ambitious when they only have a demo because the demo will cause greed because when trading in a beginner demo usually a large prfit will emerge with high self-esteem or easy forex in the end he tries to deposit a fairly large amount when trading mentally untrained when on the demo there will be a very different difference when trading on a demo with real as a result of trading using emotion and ending the MC, so I realize to try practicing psychology before a large deposit can be in the form of prmo broer or cent account.
It is true, this is the difference in a demo account with a real account, our psychology is clearly very influential in what we do, if we demo large capital of large leverage so we open positions without considering our financial management, this will damage our mentality and psychology we when we are not a real account, and a clear emotion that will dominate us when we experience loss.

this will be dangerous for the continuation of our next trade.
#21 - February 17, 2019, 03:48:54 AM

Ariyudin

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Quote from: Alfrians on February 17, 2019, 03:40:42 AM
that's right sir! I experienced this first, I traded capital no matter how much it was lost, never profit, for the initial emotion I was tested once I wanted a lot of profit and directly WD, but on the contrary, the capital was gone, not left at all.
make the previous experience for the future evaluation so that it will be better if there is no evaluation, the error will continue, I have also experienced a fairly large MC because of the high expectations of forex, but I evaluate why the MC and finally I know that my psychology not trained when a demo account.

just assume the money you deposited first and ended MC as money for forex training fees.
#22 - February 17, 2019, 03:50:54 AM

Lordmishi

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Quote from: ngs1979 on February 17, 2019, 03:15:13 AM
Strongly agree, after we learn about forex, terms and whatnot, we must be curious to go straight into the market, so we certainly still don't know much about the ins and outs of the market, a little advice is better looking for free from boker bro bro promos or deposits cents account is safer because capital is very minimal for real learning.

if it's still new to the free list, it's usually impatient because there are many conditions, and it must wait for some time.
Yeah, dont jump into the market after you think you do good on demo. Sometime if you analyze it more, real account can be different. It is hard
#23 - February 17, 2019, 10:06:40 AM

trader ndeso

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Quote from: Lordmishi on February 17, 2019, 10:06:40 AM
Yeah, dont jump into the market after you think you do good on demo. Sometime if you analyze it more, real account can be different. It is hard
nice brother, to learn on a demo account first before entering the actual account, but I rarely use a demo account, even when I first know forex using a demo account for only one week, and immediately use the actual account even though using a cent account , because the demo account has no mental burden that must be borne, other than that it tends to be disparaging and not serious in learning, because it is also important to also learn psychology when on the actual account
#24 - February 17, 2019, 12:02:57 PM

bagaskara30

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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
just try using the no deposit bonus promo from a reputed broker that proves to pay profits from its members but must meet the lot requirements first and some other regulations. This is perfect for trying out your trading strategy and testing your mental and psychological state when entering a real account. try this method first, don't rush to deposit your money
#25 - February 27, 2019, 10:21:00 AM

Aranchar

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Quote from: bagaskara30 on February 27, 2019, 10:21:00 AM
just try using the no deposit bonus promo from a reputed broker that proves to pay profits from its members but must meet the lot requirements first and some other regulations. This is perfect for trying out your trading strategy and testing your mental and psychological state when entering a real account. try this method first, don't rush to deposit your money
wow this is a good solution
rather than using money for deposits it is better to take advantage of the NBD features of several large brokers
like FBS, INSTA etc.

in addition we don't need to pay money for deposists
the profit generated can also be withdrawn
#26 - February 28, 2019, 08:07:18 AM

bagaskara30

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Quote from: Aranchar on February 28, 2019, 08:07:18 AM
wow this is a good solution
rather than using money for deposits it is better to take advantage of the NBD features of several large brokers
like FBS, INSTA etc.

in addition we don't need to pay money for deposists
the profit generated can also be withdrawn
yes using no deposit bonus is the best solution for novice traders rather than spending money on deposits as it is used for strategy testing and mentality in the real market. although in the no deposit bonus account we experience a loss that is not a problem because we do not spend a penny and losses in the account no deposit bonus can be used as learning to find out what the mistakes themselves are when entering the real forex market
#27 - February 28, 2019, 12:40:46 PM

Sant1

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I think to get to know forex in a short period of time only 1 month is enough with a demo account.

I suggest that you quickly use a real account. But with a deposit that is a little like $ 10-50.
then you will feel emotionally different from a demo account.
#28 - March 04, 2019, 12:09:31 PM

Fxortrader

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Quote from: Ecy on March 04, 2019, 12:09:31 PM

I think to get to know forex in a short period of time only 1 month is enough with a demo account.

I suggest that you quickly use a real account. But with a deposit that is a little like $ 10-50.
then you will feel emotionally different from a demo account.
very good advice miss, but in my opinion within a month, is a very short time to learn and understand forex, while capital is $ 10- $ 50, using a real account is very risky.
#29 - March 04, 2019, 01:38:16 PM

Reztu

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Set your demo account habits like an real account,
- Same Deposits
- Same Leverage
- Same Strategy
- Same Management

How about trading psycology? I think no adrenaline and emotion with demo account if you set it as just trial and game. Set your demo account as true examination for your strategy and your self.

#30 - March 12, 2019, 12:18:11 PM
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