Demo account or Micro ?

Both demo accounts and micro accounts can be useful for traders, depending on their goals and needs. The former is a good option for new traders who are learning the ropes or for experienced traders who want to test out a new strategy, while a micro account is a good option for traders who want to learn to manage risk and trade with real money, but who want to start with smaller trade sizes.

 

I understand your theory, but a whole year? Isn't that going to build bad habits and not force the creation of a good trading strategy?

 

Kinda, Darc.

It's all but a question of opinion and perspective. In my case demos helped a lot, but it might not work for the majority.
I am still using mine for the watchlists till this day tho.

No longer chasing the desire to be right, rather stay in peace.

 

I remember years ago reading a very experienced full time Trader/Scalper said that he'd return to his Demo Trading account when he started having losses.

 

Both accounts are good for beginners. But before starting it is important to have knowledge of trading.

 

...why would that be important, ron?

 

that is really a tough question to answer in a proper way , but mostly i prefer micro for the beginners level , but its costly little

 

micro account is a little bit costly but this is really supportive to acquire live trading knowledge and experience.

 

micro is really good but beginners sometimes trade in there at random . this is really disgusting.

 

according to me , demo as well micro account can be a good option as a best part of trading, it can be a little bit rksy and expensive but an effective way.