moonchild
VIP Contributor
Demo trading is known as demonstration trading, you get to learn how the market moves and all of the market moves involved and from there when you master how to trade the virtual market you can go ahead and trade the live market, the question is, does trading a demo account helps you be a better trader?
Yes, the only difference between demo trading and live trading is the money involved, but you get to learn how the market moves, risk management, how to set TP and SL etc, it's also advisable to start demo trading with an amount you plan to trade live with.
What's your experience trading a demo account as a beginner trader, does it help you in your journey?
Yes, the only difference between demo trading and live trading is the money involved, but you get to learn how the market moves, risk management, how to set TP and SL etc, it's also advisable to start demo trading with an amount you plan to trade live with.
What's your experience trading a demo account as a beginner trader, does it help you in your journey?