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Demo or Real account for Practice (advice)

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zanurreload

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Quote from: Reztu on March 12, 2019, 12:18:11 PM
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.
As you know, the demo account uses virtual funds so that when the trading position is lost, there is no real loss you receive. When a trading error does not cause significant impact, it will be easy for you to underestimate it.
#31 - March 15, 2019, 01:13:51 AM

Forexplayer

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you better practice first on the demo account before trading on the live account ...
#32 - March 18, 2019, 10:02:51 PM

rinshei

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Quote from: Forexplayer on March 18, 2019, 10:02:51 PM
you better practice first on the demo account before trading on the live account ...
yeah and its best when you trading in bonus account ;D;D, just dont stick too long in demo account, go live into market is easy to understand rather than in demo, there is no excitement using demo, just wasting time if you already finish school, when you older, better start trading in real for extra money, trade while learn isnt that bad
#33 - March 20, 2019, 06:04:58 AM

ariezz

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Quote from: rinshei on March 20, 2019, 06:04:58 AM
yeah and its best when you trading in bonus account ;D;D, just dont stick too long in demo account, go live into market is easy to understand rather than in demo, there is no excitement using demo, just wasting time if you already finish school, when you older, better start trading in real for extra money, trade while learn isnt that bad
how long do we practice on the demo account, there is no standard time, until when we stay on a demo account depending on our trading performance, if it's still needed, it doesn't matter, it's longer on the demo account.
#34 - March 20, 2019, 09:39:36 AM

MonsterFX

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Quote from: ariezz on March 20, 2019, 09:39:36 AM
how long do we practice on the demo account, there is no standard time, until when we stay on a demo account depending on our trading performance, if it's still needed, it doesn't matter, it's longer on the demo account.
but if you already understand how to trade, you should immediately move to a real account, so that trade psychology is also honed.
#35 - March 20, 2019, 11:53:50 AM

kumbang

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real acount is better becouse in real acount we can exircise our emotional
#36 - March 21, 2019, 04:53:29 AM

ariezz

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Quote from: MonsterFX on March 20, 2019, 11:53:50 AM
but if you already understand how to trade, you should immediately move to a real account, so that trade psychology is also honed.
yes it is definitely because we also need psychology training, but it is necessary to ascertain whether we are really ready or not yet entered the real account.
#37 - March 21, 2019, 07:08:30 AM

Ariyudin

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Quote from: Forexplayer on March 18, 2019, 10:02:51 PM
you better practice first on the demo account before trading on the live account ...
, demo account is very useful for beginner traders who still want to test their own techniques, but to be understood by many beginners who are impatient with demo accounts, aka just a moment to practice on a demo account, want it immediately to a real account, because they feel the technique is already good, which needs to be realized is, one of them is the balance used in the demo account is very large ... so that it can withstand a rise in price that is quite extreme though, besides the demo does not affect the psychological trader so traders can trade comfortably and without feeling wary in his heart, so a demo account is indeed very important for technical testing, but it will be dangerous if the trader is not aware of those things before, so confidently enter the market with a real account
#38 - March 21, 2019, 07:50:34 AM

zanurreload

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Quote from: Ariyudin on March 21, 2019, 07:50:34 AM
, demo account is very useful for beginner traders who still want to test their own techniques, but to be understood by many beginners who are impatient with demo accounts, aka just a moment to practice on a demo account, want it immediately to a real account, because they feel the technique is already good, which needs to be realized is, one of them is the balance used in the demo account is very large ... so that it can withstand a rise in price that is quite extreme though, besides the demo does not affect the psychological trader so traders can trade comfortably and without feeling wary in his heart, so a demo account is indeed very important for technical testing, but it will be dangerous if the trader is not aware of those things before, so confidently enter the market with a real account
Yes I agree, Forex trading exercises with Demo Accounts play an important role in the learning period. Even if the money used in it is virtual money, it can simulate a real situation if the amount of virtual money used is equivalent to your real trading plan in the future. So even though it's only a Demo Account, but you should really be serious about practicing with the aim of getting as much experience as possible for the stock to plunge into a real account later
#39 - March 22, 2019, 01:40:33 AM

fathurcom

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if you are not yet good at analysis, you should use a demo account first
#40 - March 25, 2019, 11:20:38 AM

MonsterFX

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Quote from: Aranchar on February 14, 2019, 07:48:16 AM
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
agree with you, cent accounts have more weight than demo accounts, psychologically will also be honed.
#41 - March 25, 2019, 03:41:57 PM

Gombloh

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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
U can use cent account sir wuth small deposit such as $5-10 and with this account u will learn and real no fiction..that my advice.thanks
#42 - March 27, 2019, 03:05:32 AM

Fxortrader

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Quote from: Gombloh on March 27, 2019, 03:05:32 AM
U can use cent account sir wuth small deposit such as $5-10 and with this account u will learn and real no fiction..that my advice.thanks
very good advice. with account cent it is perfect for beginners who have not mastered forex trading well.
#43 - March 27, 2019, 03:10:06 AM

Gombloh

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Quote from: Fxortrader on March 27, 2019, 03:10:06 AM
very good advice. with account cent it is perfect for beginners who have not mastered forex trading well.
Thanks sir..because with cent account we can learn with real emotion,how to use lot properly..money management and many things
#44 - March 27, 2019, 03:11:56 AM

Fxortrader

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Quote from: Gombloh on March 27, 2019, 03:11:56 AM
Thanks sir..because with cent account we can learn with real emotion,how to use lot properly..money management and many things
Yes, it is true. and in my opinion cent accounts or standard accounts all depend on good MM.
#45 - March 27, 2019, 03:14:07 AM
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