Post
Topic
Board Trading Discussion
Re: What is your honest review of the Demo account?
by
Kasabus
on 19/06/2023, 21:36:19 UTC
What is your honest review of the Demo account?
Do you think that should spend so much time trading on a demo account? I believe that in demo trading, there are no real consequences for losing "money". If you notice, the pain is different than the one felt when you actually experience a loss on a live account. Demo trading simply helps the newbie get acquainted with the trading platform, and it should only be for a few weeks. Compared to  live trading, demo trading lacks the ability to mental and emotional resilience. For me, the real trading education starts where demo trading ends. What do you think?

1. admiralmarkets.sc/education/articles/forex-basics/...f-forex-demo-account
2. http://tradethatswing.com/when-to-switch-from-demo-to-liv...rading-real-capital/
Demo trading will never be able to give you real profits as you are only trading not for real. So you have to experience live trading as it's the only way you will have the chance to improve your knowledge and honed your skills so you can take advantage when trading in the market. Although I have to say demo trading is quite helpful for beginners, but demo trading will never be good in the long run as it will only limit your abilities and capabilities to trade unlike when you push yourself trading even with a small amount of money as you are still susceptible to losses.