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  1. #31
    Senior Investor Rahul247's Avatar
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    Yeah. absolutely agree with this that Demo account has been probably the most informative a best possible tool for the traders and newbies who has been associated with trading or looking forward to be in this market, most important thing about this is that you don;t need to risk your real money and you can practice with demo money and protect your real money for the start.

  2. #32
    Senior Member IVBrokers's Avatar
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    Quote Originally Posted by Rahul247 View Post
    Yeah. absolutely agree with this that Demo account has been probably the most informative a best possible tool for the traders and newbies who has been associated with trading or looking forward to be in this market, most important thing about this is that you don;t need to risk your real money and you can practice with demo money and protect your real money for the start.
    That's right, demo account is one of the most useful facility that we can use for free to improve our trading skills before we really going to trading with real account for a beginners. That's why when I was a beginners, I try to maximize the availability of demo account trading in my broker IV Brokers.

  3. #33
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    There are question people rise about the exposure that Demo account gives, but i think the main role Demo account play is to give the new trader the know how about the market behavior and how things work practically.

  4. #34
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    Less experienced or beginners can do practice with demo account. Without practice many times no one can be become a good trader. So with demo account anyone can be become a successful trader.

  5. #35
    Senior Investor Rahul247's Avatar
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    Demo accounts can help all the newbies in the market on how they can use the demo system in order to practice more and more and also they can get a decent feel of the entire market and exposure to trading systems.

  6. #36
    Senior Member IVBrokers's Avatar
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    Quote Originally Posted by Rahul247 View Post
    Demo accounts can help all the newbies in the market on how they can use the demo system in order to practice more and more and also they can get a decent feel of the entire market and exposure to trading systems.
    All the traders I think have to practice first using the demo accounts before trading with a real account. It's because that is a facility that our broker provided for practice that really give us an experience to trading like with real account but without risk to loose our money, so it's a very safe too. So I think this demo account is really suitable for us to prepare our trading skill before traing with real account.

  7. #37
    Senior Investor Rahul247's Avatar
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    Yeah absolutely, Practice makes a man perfect and I think Demo trading is a great tool for that and I think the best thing a newbie can do is to first of all open a trading account from Demo and then shift that trading account to the real account.

  8. #38
    Investor CahCuncun's Avatar
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    Quote Originally Posted by Rahul247 View Post
    Yeah absolutely, Practice makes a man perfect and I think Demo trading is a great tool for that and I think the best thing a newbie can do is to first of all open a trading account from Demo and then shift that trading account to the real account.
    Practice will make us be better when trading. We can try to use demo account to make practice. In TenkoFx, i also still use demo account to test trading strategy, more understand market movement. In TenkoFx, i also try to maximize forex analysis TenkoFx AutoTrade with MyFXBook

  9. #39
    Senior Investor Rahul247's Avatar
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    As much as you practice, you will get better with the time and you can have some really good confident things in you trading plan. You can trade with the trading with demo accounts and then you can shift to the Live accounts.

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    Sometimes it might seems like Demo account is not of any use, but its very useful for newbies but also for the experienced traders, they can check their strategies and also test various aspects of market movement without loosing money.

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