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DEMO account for trading. Useful or not

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FX:EURUSD   Euro / U.S. Dollar
DEMO account for trading. Useful or not

A demo account is considered by traders to be the safest method of learning to trade 😎

You are trading on virtual money. You have a sense of responsibility for this money and for your trade. The lack of psycho-logical pressure and emotional tension very "blinds" you. You become indifferent to your trade. You can stop putting on the feet and trade like a flop.


A demo account provides an opportunity to gain experience πŸ±β€πŸ‘€
Demo account is comparable to the virtual world, where there is nothing real. There is no profit and no loss, you do not feel any of this. It is only needed for the initial stage, where you are just starting to understand the structure, orders, how everything works.


On a demo account, you can check the strategy, system πŸ“ˆ
This cannot be done again because of the lack of attachment to money or lack of responsibility for their activities. A trading strategy gives success only if you follow everything that is indicated in it, without your own improvisation.


Winning a demo account can tell you how to trade on a real account πŸ€‘
Demo account in comparison with a real account are completely different things due to the emotional component, psychological, lack of responsibility and rashness. Any positive result on a demo account means nothing

What, then, is a demo account needed? πŸ€·β€β™‚οΈ
πŸ”Ό For acquaintance with the trading platform and the characteristics of the trading market
πŸ”Ό For acquaintance with the financial tools on which you will be trading
πŸ”Ό To perfect your technical skills
πŸ”Ό To test your trading strategy


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