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  1. #1
    Fin Candy is offline Banned
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    Apr 2019
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    81

    Default Experience of demo

    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. *

  2. #2
    andengireng is offline Banned
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    Aug 2017
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    94

    Default

    There is so many place to learn Forex, but FreshForex is the best place to learn, FreshForex provide you some market analysis everyday, it is free so you can learn how to make a decision. I studied at FreshForex from the beginning to the present, it's works

  3. #3
    Fin Candy is offline Banned
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    Apr 2019
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    Default

    knowledge is the key at any sectors to ensure success . but its is to be achieved by passing a long time with great patience. *but i have seen according to my experience, *within very short time traders try to get knowledge . but its not possible at all.*

  4. #4
    FTS
    FTS is offline Junior Member
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    Nov 2018
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    30

    Default

    To be able to start trading on real account trader needs to have profitable strategy that generates positive results for the long period of time. For sure, demo trading is useful, but not enough to create profitable strategy. Each new idea should be tested not only through demo trading, but on historical data too. There are different tools like Forex Tester, special backtesting software that allows traders to test their strategies and get the results of dozens to have the reliable information on the performance of the strategy. The use of special software allows trader to reduce time spent and testing and improve accuracy. At the same time, the results of backtesting should be later confirmed by demo traing to check the influence of trader`s psychology. The results of backtesting could also be used to create EA based on the strategy. In such case, the performance of the strategy would be almost the same as the results of testing.

  5. #5
    Fin Candy is offline Banned
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    Apr 2019
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    Default

    demo is a place to prove yourself how can you handle trading strategies you have , so, don't ignore the demo , you suggest 3-4 months to stay in here , its a long time for beginners level to keep patience in here, that's why i prefer minimum 1 months for that.

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