but for the transition from demo to live i repeat, pls start small, live is a bit different from demo, start very very small. and dont rush things
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Originally posted by aventador View PostI am also trading both live and demo account in hotforex, they offẻ never expire demo account and I have used it to test my robot and strategy. I think live account of course better but demo account can be used as a tool to improve your trading performance.
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you should choose live account only after you et enough practice on demo (at least 1 year). You need to have tested trading strategy with thoroughly calculated lot size, TP and SL and always abide by it. I moved on live hotforex only after spending 6 months on their demo testing my trading strategy, preparing it for live trading.
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Originally posted by resmana View Posta demo account is helpful to trade us to be better and to improve our capabilities. If you already tried a demo account, try opening a real account in HiWayFX to in order to trade in good and safe with a minimum deposit of $ 20
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Originally posted by vic84 View PostYeah demo account is good for new trader as well as the experienced ones as they can check their strategies and guess market predictions in here.
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There is not too much to comment over here, it is more to do with our comfort levels. We should be using option that we feel comfortable with. I don’t think live is an option, it is obviously the ultimate thing. As per demo, it is required but obviously optional. I use no deposit bonus option, I use it with FreshForex, as they offer it and I find it super cool!
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