Importance of demo

[Richerichaderson]

30 euros is low! Such small capital I doubt will fetch anything.

 

[ewasevvrard]

30 euros is low! Such small capital I doubt will fetch anything.

It was just so I could get to know the real trading environment. Although I did practice on demo account of xm for some time, but live trading was still something else. Even if less, money was real. Now I am trading obviously bigger amount on fxview, It was only in say first 1 to 2 months that I kept my transactions to less than 50.

 

[shriekpurser]

Demo accounts are an absolute necessity.

 

[Joeyadi]

Some people underestimate the importance of a demo account and consider it a very annoying mistake.

 

[thursday]

Some people underestimate the importance of a demo account and consider it a very annoying mistake.

I dont think I have seen or heard of people saying that demo is annoying, but they are more lenient toward it as they think that it is an optional, when it is not.

 

[mlawson71]

I have certainly seen people saying it's unnecessary, which I don't agree with.

 

[thursday]

I have certainly seen people saying it's unnecessary, which I don't agree with.

Well, yea those are ignorant and will, sooner or later, be getting a lesson haha

 

[mlawson71]

Those people claimed they were past the newbie stage, so I assume the lesson didn't take. Who knows.

 

[Dr_Trade]

Really important, I mean, I cannot imagine trading without trying out in a demo. It is like trying to ride the bicycle without using training wheels. You are only going to hurt yourself in the end. Demo trading is a necessity for every trader, in my opinion.

 

[Travis1088]

Beginners and newbie entering forex for the first time should trade using the demo account before entering live trading to gain knowledge about live market trades and about forex platforms.