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Forex Zone - Forex Forum
General Category
General Forex Discussion
Is there paractice on demo is enough in forex?
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Is there paractice on demo is enough in forex?
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Re: Is there paractice on demo is enough in forex?
Dyandra
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The aim of using a demo account is not to make a lot of profit, but to use a demo account so that you can make consistent profits because what you see is not the more profit you get, but the more consistent you get the profit itself. So you have to change your mindset when using a demo account.
#676
- November 04, 2023, 03:08:01 AM
Re: Is there paractice on demo is enough in forex?
Vernalta
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It should be enough if you are used to getting stable profits on a demo account because the most important thing here is stable profits so that later you can get focused results which will make you more confident.
#677
- November 05, 2023, 04:11:35 AM
Re: Is there paractice on demo is enough in forex?
Dyandra
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I feel that using a demo account is important. When you use a demo account and feel that it is enough for practice then you should use a real account, the important thing is that you are stable
#678
- November 06, 2023, 06:31:50 AM
Re: Is there paractice on demo is enough in forex?
Vernalta
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In my opinion, using a demo account is something that we think is mandatory, depending on whether we have enough or not according to our abilities, if we really feel like we have enough and can be consistent, we can stop.
#679
- November 07, 2023, 07:08:01 AM
Re: Is there paractice on demo is enough in forex?
Dyandra
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In my opinion, when you practice using a demo account and you feel that you are smart enough to be able to master technical analysis, then you can use a real account.
#680
- November 09, 2023, 04:15:49 AM
Re: Is there paractice on demo is enough in forex?
Vernalta
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When you use a demo account, you can get big profits when you are smart enough to master it because if you are not smart enough, using a demo account will make it more difficult for you to get big profits.
#681
- November 10, 2023, 03:37:44 AM
Re: Is there paractice on demo is enough in forex?
Dyandra
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Using a demo account is considered sufficient when you have the ability to analyze stably and have consistent targets that you achieve every month. You can use a real account later.
#682
- November 11, 2023, 03:35:48 AM
Re: Is there paractice on demo is enough in forex?
Ikhtiar
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Just practicing on a demo account is not enough, you also need information as well as practice on a real account, therefore look for the latest news via trusted websites or through professional analysis.
#683
- November 11, 2023, 03:56:56 AM
Re: Is there paractice on demo is enough in forex?
Vernalta
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using a demo account is something good and it is something that is mandatory but it is sufficient or not. It depends on the user. If you already have a system and make the system consistent, you can use a real account.
#684
- November 13, 2023, 02:24:51 AM
Re: Is there paractice on demo is enough in forex?
Dyandra
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In my opinion, using a demo account is sufficient, but you have to remember that when you use a demo account, you have to get used to being stable. You have to get used to getting profits in the right way so that the results will be more popular and better.
#685
- November 14, 2023, 03:13:01 AM
Re: Is there paractice on demo is enough in forex?
Vernalta
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You must remember that the use of a demo account is not to get maximum value from your profits which is important here. When you use a demo account, you need to create a consistent and stable technique so that you can use it to trade with real money, so the nominal issue doesn't matter too much, the important thing is that it is stable to make a profit.
#686
- November 16, 2023, 06:40:38 AM
Re: Is there paractice on demo is enough in forex?
Dyandra
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Each person has their own strengths. I don't know whether everyone is the same in using a demo account or not, but what is certain is that the time to learn cannot be guaranteed. How long will it take for you to get smarter to get a trading system faster in my opinion
#687
- November 18, 2023, 02:51:49 AM
Re: Is there paractice on demo is enough in forex?
Vernalta
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Using a demo account is an important thing that we have to do, but when we reach a consistent point we really have to stop. We are obliged to use a real account so there is no need to use a demo account for too long.
#688
- November 20, 2023, 05:47:45 AM
Re: Is there paractice on demo is enough in forex?
Dyandra
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It's enough to practice trading using a demo account. We can't limit the time. What we can use here is to look at the benchmark for whether we can be consistent or not. The minimum is 3 months. If on the 3rd month you can be consistent, then you have the right to use a real account.
#689
- November 22, 2023, 03:55:53 AM
Re: Is there paractice on demo is enough in forex?
Vernalta
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In my opinion, as long as you already have knowledge that is suitable for you when you trade forex, it is best if you have knowledge that you can use when using a demo account and that is definitely something to use.
#690
- November 24, 2023, 06:49:32 AM
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Is there paractice on demo is enough in forex?
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