Why you shouldn't demo trade
- Thread starter Lee Shepherd
- Start date
- Watchers 28
That's quite true Kaeso. However, I don't see how it fits into the average sort/intermediate trader.
That's quite true Kaeso. However, I don't see how it fits into the average sort/intermediate trader.
its off topic r.e. demo, i was just replying to what toast said. i dont know what the original reason for talking about supply/demand was
fear and greed are the main enemies of any trader. Only those who have learnt to control these feelings can succeed in forex. But frankly speaking, this is not as simple as it seems.
Demo is good to learn the platform
Would have to agree from experience I demo trading too long, and in the long run it really dampen my trading until I just quit demo trading then I was better off. Demo trading is only good to learn the platform not to try to see it you can make profit; because when it's cash on the line either you know it, or you don't. Trading is forever learning
Would have to agree from experience I demo trading too long, and in the long run it really dampen my trading until I just quit demo trading then I was better off. Demo trading is only good to learn the platform not to try to see it you can make profit; because when it's cash on the line either you know it, or you don't. Trading is forever learning
I totally disagree with the theory that demo trading is a waste of time or priceless. Demo trading is the opening bell for the new comers to gain some basic practices about the market. It has some drawbacks for sure but you have to overcome them in order to trade live account with the probability of long stay.
That's totally correct, easy said than done. Emotions are really tough to handle, those who master them are already half way through their profit making journey.
