Quote from: blockman on Today at 05:27:34 PM

That's even forgotten these days. Newbies are going to the actual trading without knowing that they can trade through demo accounts. Well, the exchanges should also advertise this so that the new traders can have an idea on it looks like to trade using a demo account.
That's the sole purpose of it but the majority of the newbies are going quickly with their trades because they think that they don't need it and experience is what they need to have. They have a point but it's most likely that they're going to lose money on their very first try unlike with a demo account, they can make mistakes there and learn from it unlike with actual money. Once they lose, they're actually going to lose that money they have deposited and used for it.

It was misleading factor many people who practice the real trading and they not ready to practice the trading using the demo account.The failure of demo account is due to two reason,one the new people don't know how to use the free account.Second many new people doesn't know where the demo account will be available.Demo account must be used to get away from the loss because when you get loss in the demo account.It won't affect your real money and your gain more knowledge from it.