Guest gaban Posted May 15, 2013 Share Posted May 15, 2013 When you are new to Forex do not jump in trading live until you have practiced. There are forex demo accounts for practicing. Your goal is success and the most successful have discipline, knowledge, and most importantly practice. How long did you use demo account? Link to comment Share on other sites More sharing options...
uncle gober Posted May 15, 2013 Share Posted May 15, 2013 I use a demo account about 1 year. I use a demo account to understand the platforms that I use and also trading system that I will use. now I am still learning, but take advantage of the real account. This I do because forex trading is not about a trading system that is used, but more on discipline and control of emotions as well. Link to comment Share on other sites More sharing options...
kaito kid Posted May 17, 2013 Share Posted May 17, 2013 I use a demo account as a means of training analysis with indicators of my choice for about one year. after that try to account no deposit Link to comment Share on other sites More sharing options...
ali555 Posted May 18, 2013 Share Posted May 18, 2013 I am trading demo account from two years and i have got lot exprience from it and i have earned good money from Forex trading with demo account. http://www.forex-metal.com/affiliate/46199/2 Link to comment Share on other sites More sharing options...
nextop Posted May 20, 2013 Share Posted May 20, 2013 I have some demo accounts in various brokers. But now I'm trading with Hotforex and still use demo account with this broker for testing. Link to comment Share on other sites More sharing options...
Guest gaban Posted May 20, 2013 Share Posted May 20, 2013 I use a demo account about 1 year. I use a demo account to understand the platforms that I use and also trading system that I will use. now I am still learning, but take advantage of the real account. This I do because forex trading is not about a trading system that is used, but more on discipline and control of emotions as well. Yeah, Demo account is a great way to learn more about economics, global politics and to understand the tradings platforms but psychologically yet to be tested when we trading with a demo account. Link to comment Share on other sites More sharing options...
Guest Clarkcode Posted May 22, 2013 Share Posted May 22, 2013 I am exchanging demo account from two years and i have got part encountering from it and i have earned great cash from Forex exchanging with demo account. Link to comment Share on other sites More sharing options...
Guest gaban Posted May 22, 2013 Share Posted May 22, 2013 I am exchanging demo account from two years and i have got part encountering from it and i have earned great cash from Forex exchanging with demo account. Did you use a demo account for 2 years before using real accounts for trading in forex? I used demo account for 3 month only. I think it's reason why i often got loss when trading with real account for first time. Link to comment Share on other sites More sharing options...
Jordan Sands Posted February 20, 2015 Share Posted February 20, 2015 I don’t exactly remember it but I think I used demo account only for couple of months but I do practice and it’s in a much grand stage with OctaFX broker’s fascinating contest Champion, it allows me to practice my long term style of trading due to the contest been so long and also the amazing prize amount of 1000 USD, it is excellent for newbies including me since we have some sort of motive of working on the contest. Link to comment Share on other sites More sharing options...
CahCuncun Posted February 25, 2015 Share Posted February 25, 2015 I don’t exactly remember it but I think I used demo account only for couple of months but I do practice and it’s in a much grand stage with OctaFX broker’s fascinating contest Champion, it allows me to practice my long term style of trading due to the contest been so long and also the amazing prize amount of 1000 USD, it is excellent for newbies including me since we have some sort of motive of working on the contest. Trading contest in a broker will make us get more trading experience. we will have place to make practice and also have opportunity to win the prize. But in demo account, the most important is the knowledge Link to comment Share on other sites More sharing options...
John Bryce Posted February 28, 2015 Share Posted February 28, 2015 I think about 4-6 months that I used demo account as I found it useful but the real benefit about demo account was known once I visited Best Binary Broker, I got to know such detail about demo account that it opened my eyes as what I can do and how great it actually is. Now I do demo account regularly at least 1-2 times a week and I am not only able to get experience but also I able to create new strategies. Link to comment Share on other sites More sharing options...
dante Posted March 2, 2015 Share Posted March 2, 2015 Keep in mind that finding the best forex demo account for your purposes may require opening more than one demo account to test the most promising forex broker prospects. You can identify forex brokers you might want to test out with a demo account by doing some preliminary research online, i start my search with spread comparison at myfxbook, it took short time for me to decide open an account with Tickmill ECN service, scalp on major with 0.4 pips transaction cost, reliable execution, and my stop loss never slipped again.a friendly trading environment for any trading strategies. Link to comment Share on other sites More sharing options...
TGF Premium ⭐ aliforex Posted March 2, 2015 TGF Premium Share Posted March 2, 2015 We should use demo account before we want to trade with real account. We can try to use demo account at least 3 months. But we can use it until we already use real account too, because it will make us be more maximize trading skills. Link to comment Share on other sites More sharing options...
CahCuncun Posted March 2, 2015 Share Posted March 2, 2015 There is no restriction how low we will use demo account to trade in forex, but trader must know when we should start trading with real account. We must use demo account to understand about forex and if we can use it well, surely, we can start trading with real account soon.Follow us to a new height! Link to comment Share on other sites More sharing options...
Rajesh Posted March 3, 2015 Share Posted March 3, 2015 Yes, I started my trading profession by demo practicing. I heard so many advantages of demo account from expert Forex traders that inspired me very much to use my demo account very honestly. Basically, I wasn’t tense about long time practicing. But, my mail intention was to make a profitable trading strategy. Besides, I believe the success in any filed is not easy. By the way, huge Indicators collection of ‘TradingBanks’ helped me to make my profitable trading strategy that gives me consistent profit. I used my demo fully one year. Then, I opened my live account in this regulated trading platform with 1:400 trading leverage. This high leverage was my first step to make big profit. Link to comment Share on other sites More sharing options...
CahCuncun Posted March 18, 2015 Share Posted March 18, 2015 We can try to use demo account to make us be more ready to start trading in forex, learn about forex using demo account. Even a profesional trader also use demo account to start trading, and learn more about forex. So, we must try to maximize it as well.TenkoFX investment forum for PAMM account investors Link to comment Share on other sites More sharing options...
Guest gaban Posted March 18, 2015 Share Posted March 18, 2015 until now I still use a demo account to practice trading with a demo account then we will get the maximum trading when trading. so then we will succeed in this business if we continue to improve the ability to trade using a demo account Link to comment Share on other sites More sharing options...
TGF Premium ⭐ aliforex Posted March 18, 2015 TGF Premium Share Posted March 18, 2015 Using demo account, we will be more ready in forex. There is no restriction to use demo account when trading. The most important is we must try to be better and better more Link to comment Share on other sites More sharing options...
Guest gaban Posted March 19, 2015 Share Posted March 19, 2015 to this day I still comfortable using a demo account with a demo account because then we will be able to practice trading. therefore until whenever we still need a demo account. We can not escape from a demo account Link to comment Share on other sites More sharing options...
Forhad Reza Posted March 27, 2015 Share Posted March 27, 2015 Actually, it is depend on you trading capability. In my trading life, I have just used demo trading only 3 months that I started from MXTrade. I got $1000, 000 from this ECN trading platform which inspired me very much to take this demo stage sincerely. Within, this time, I have gathered proper fundamental and technical data, that was very effective to start Forex in a proper way. But, generally, by and large Forex traders don’t accept as true the fundamental nature of demo account. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now