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Question: How long do you trade demo before opening a real account
Never - 1 (100%)
3 months - 0 (0%)
6 months - 0 (0%)
1 year - 0 (0%)
2 years - 0 (0%)
Total Voters: 1

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Author Topic: Demo trades  (Read 55 times)
jay_cash (OP)
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May 09, 2024, 04:45:51 AM
 #1

It's an interesting discussion,  let's vote
GIF-JOBS
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May 09, 2024, 07:57:39 AM
 #2

I have not started trading with money yet, trading is the highest risk thing. We should understand trading well and then start trading, because trading without knowing anything well will result in loss of money. I have been watching various training videos online for the past few months and I am trading on a demo account. I haven't used money in trading because I'm not fully ready to trade with money yet.

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EluguHcman
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May 09, 2024, 11:22:56 AM
 #3

The thread would had been more interesting for discussion of the question was centralized if we have played the Demo before real investment.
Then everyone could share their ideals and experiences because basically it is not everyone that has ever gone through the Demo but we could actually have some sorts of talks about it.

As for me, I never did because I could not afford to gamble with my funds as a beginners so I prefer to enhance my investment approach my learning from experienced crypto investors. Although some other persons are good with it.

Rruchi man
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May 09, 2024, 12:55:49 PM
 #4

It's an interesting discussion; let's vote
You can do well to express yourself so you make a complete meaning and start a proper discussion.

As a newbie to trading, demo trading is advised, but it is not always necessary. There are traders who started trading the live market with the knowledge they have, ignoring the losses, but hoping to learn in the process.

They were able to accommodate all the losses they made because they had other sources of income and used very small lot sizes in their trades.

Trading the live market directly has its own merits, like the mastery of the emotional aspect of trading more quickly than someone who demo trades and will need to start trading the live market before they understand fully their emotions, and how it can ruin trading because the live market is where emotions are put to the test.

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Lida93
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May 09, 2024, 07:40:48 PM
 #5

I don't know if others will agree on this or not but to me it's actually not how long of a time you spent on demo trading that will determine how good you're going to be with your trading as a trader. Quite well, we need that experience to push through ND to get experience it will be demanding of a long time duration to gain that but also know you don't get trading experience using demo, as reality has a different way of hitting us.

Just what a new intended trader needs is determination, be systematic and hook on a specific trading cue than jumping from one trading pattern to another not to be a jack of all trades master of none.. Trading could be very difficult or simple to go through with depending on how you chose to approach it. Finally.... Don't be too greedy too.
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