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Thread: demo or live

  1. #1
    Fin Candy is offline Banned
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    Default demo or live

    any trading place demo or live can be valueless if we trader here with no analysis. generally we do it when trading in a demo.*

  2. #2
    Angel candy is offline Senior Member
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    The Demo account is useful to see the market and the movement. It provides platform to learn the Forex concepts and we can actually see how the market is going to be with our real money.

  3. #3
    Ajes is offline Junior Member
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    Demo account is mainly for beginners. Expert traders also use them for back-testing strategies.

  4. #4
    Fin Candy is offline Banned
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    using strategies in demo is very good approach , it always supports to avoid risk when trading in a real account. when i was newcomer , used high leverage in demo to see the performance how it works.*

  5. #5
    FTS
    FTS is offline Junior Member
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    As it was mentioned before, experienced traders use demo account mostly for testing new ideas and strategies. At the same time, demo testing may take a lot of time, as you need to make dozens of trades to make a reliable results. That is why it would be better to use special backtesting software like Forex Tester for such purpose, as it would help trader to save a lot of time and efforts. Backtesting software use historical data to check the performance of the strategy. It executes many trades according to the rules prescribed by the strategy in several minutes and then generate the results which would show the outcome you could get for several months of trading.

  6. #6
    Fin Candy is offline Banned
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    demo experience sometimes doesn't work in really account, its really true. but that not mean , it is useless. *beginners level of course minimum have to spend 3-5 months in here to ensure live trading experience. *

  7. #7
    Angel candy is offline Senior Member
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    To learn Forex trading, we have to work with demo account to see the demo working of forex market with this account. Directly moving to Real account may result of loss.

  8. #8
    Fin Candy is offline Banned
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    according to my experience , i think any trading place demo or live can be valueless if we trader here with no analysis. generally we do it when trading in a demo.*

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