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The importance of demo trading
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[QUOTE="Sotherefore, post: 224131, member: 27033"] Even if we are to engage in demo trading I don't really think this is a full guarantee that a person can be able to make money perfectly with trading of volatile market when he or she does not really understand what trading is all about . It is not just the normal experience you are thinking but I believe it is just the ability for you to understand the basic of how to predict the volatile market and these basic is what is needed to trade the volatile market profitably and a trader must understand it perfectly if he or she is really interested to make money with it. There was a time I was trading with a demo account then that I was introduced newly into Forex but it was still losing because I didn't really understand what to base my prediction on. And beside then I was just new into the forex space. Demo accounts can only make sense when you have learnt everything that is needed to trade the market perfectly , from there you use the demo account to test your trading skill , without having the skill you will not likely be able to achieve anything with a demo account. [/QUOTE]
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