Demo Forex

Discussion in 'Forex' started by Danielle Davidson, Oct 9, 2015.

  1. now i am trading in the demo and using high leverage, its really supportive approach to avoid unfortunate risk and losses when trading in live account.
     
    #231     May 10, 2021
  2. High leverage might be giving more chances to use small margin to take higher profit, but correlated with the risk itself, using high leverage in demo account might not involved emotion because only use virtual money, but in the real trading account, it possible to leading greedy and take high-risk trading that harmful account.
     
    #232     May 10, 2021
  3. How much leverage exactly?
     
    #233     May 11, 2021
  4. Marvini

    Marvini

    I think that this is quite reasonable, because on a demo account there are minimal risks.
     
    #234     May 11, 2021
  5. Joeyadi

    Joeyadi

    The account needs to be really well prepared, the most important thing is not to sit out
     
    #235     May 11, 2021
  6. Demo trading need take seriously if want to learn good, but this is not easy to get feel about money in real trading compared demo trading, demo trading not involved emotion, but when real trading always involved emotion.
     
    #236     May 12, 2021
  7. thursday

    thursday

    Agreed. Despite being a non real currency value, the whole concept and process of demo trading is same as real trading.
     
    #237     May 13, 2021
    radex78 likes this.
  8. Stehan

    Stehan

    Stay on a demo account until you hone your skills.
     
    #238     May 14, 2021
    radex78 likes this.
  9. A demo account is a good option to practice it more without your real money and you can test your strategy and if it works with demo it may good to work with a real account too.
     
    #239     May 14, 2021
    radex78 likes this.
  10. easymon1

    easymon1

    If a young hi-school newby wants to day-trade for small stakes via minimal leverage, kinda like mnq futures-lite, how much cash needs to be in the account to get low leverage while giving the trade enough room to breathe with loose stops and still keep losses in the ten to twenty dollar range?
    At this point the number of zeros behind the first digit of the account balance isn't as important as real money at risk is.

    https://www.babypips.com/learn/forex/more-on-leverage
     
    Last edited: May 15, 2021
    #240     May 14, 2021