Forex Crunch » demo account

Purpose of Demo Trading: What it is, and what it is not

Yohay — Fri, 27 Nov 2009 09:06:49 +0000

To be useful, there should be no difference between real trading and demo trading. You should apply the same risk tolerance, the same vision, the same strategies as you would in a real account, should not trade a penny more than what you could trade forex in a real account, and take decisions as if the funds risked are as real as the sums in your bank account.

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How to Use a Demo Account?

Yohay — Mon, 23 Nov 2009 10:00:17 +0000

Guest post from ForexTraders.com

It’s not enough that you trade a demo account, you test the broker, and his capabilities, but more importantly, you need to test yourself in the process. The best attitude in trading is to seek the faults always within yourself instead of blaming anyone or anything for adverse consequences. In a similar vein, it is better use demo trading to test your compatibility and your competence with a broker’s software before making speculations about others, and what they offer.

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Importance of a demo account: The crucial nature of testing your broker

Yohay — Thu, 12 Nov 2009 10:44:03 +0000

Guest post from ForexTraders.com

A forex demo account is one of the best features of trading forex online. A demo account is a trading package that allows you to trade the market with real quotes in real time, but with virtual funds. In other words, you experience the risks, and test your ability to endure and overcome them, and lose nothing in the process, except perhaps a little bit of your ego, which is only great because that is actually a sobering experience for anyone who has a serious interest in trading.

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