Quote from: SamReomo on Today at 01:17:58 PM

Quote from: bitgolden on July 06, 2024, 08:31:52 PM

There are still demo trading that we can use first, if our capital is only limited.

I'm not in favor of demo trading as that can create fake hope in minds of traders and with that fake hope they believe that they have learnt trading and they can make money from it. If someone's capital is limited then he/she should do very small amount actual trades and learn from his/her mistakes.

Those who learn trading with demo accounts often get pressurized when they see big losses in actual trading and that's the reason why I suggest newbies to avoid it. If someone just wants to understand how a trading interference works then for that demo account is okay but for learning of trading demo account isn't recommended at all.

Demo trading is really just that good when it comes to familiarization but not something that would really be enhancing yourself when it comes to emotional aspect on which we know that when it comes to this then it would really be that entirely different when dealing up with demo and with live trading on which it would really be giving out that different feeling and emotion on the moment that you do make up trades. You would really be able to find for yourself on their main differences on which we know that live trading could give out that thrill/fear/indecisiveness/hesitance and other similar feeling or emotion on which it would really be just that normal since we are just humans and we dont really like on losing money and this is why we would really be having this kind of reaction on which it would be normal.

On the moment that you do decide with doing trading then you should be that prepared on what are the things that you might encounter. Dont make yourself that hopeful because if you do then
you are just that basically putting up yourself on such great or huge trouble.