There is an opinion that serious broker that offers binary options should be demo account for learning binary options trading …
What do you think, is there really a need for a demo account to trade binary options?
Will a demo account feel more confident to trade and become a successful trader?
Why is a demo account?
In fact, many experienced traders, and brokers also advise beginners to start is with a demo account. Gain experience, and then later sell …
It seems reasonable, therefore, newcomers are not particularly listen to the other half experienced traders who, on the contrary, strongly advised not learn to trade on a demo account …
How to be? Whom to listen, to learn how to trade binary options on the Forex exchange?
Demo account for stock options and forex – what is it?
What will be written below applies to both binary options and to earnings in the Forex market.
Demo account options that can provide a broker, it is the same platform as the real, but the trade is conducted with virtual money.
In fact, the demo account nothing to do with the real bids are not allowed, as this is nothing more than a simulator of real trade.
You can open, supposedly real orders, positions and buying binary options.
Just give the command for closing, can stand pending positions and stuff, which is implemented on a real platform.
If you do not work and you have merged a deposit, then a couple of mouse clicks, you can create a new demo account and keep playing the trader!
Yes, it is to play! In this and the hidden threats to you as a trader! And it warns newcomers some experienced traders!
Apparently, and I came to the threshold of awareness, which is also inclined to think that the optional demo account is more harmful for the beginner than helpful!
Why is optional demo account harms beginners?
As I wrote above – options for a demo account is not more than a game!
You have no fear of losing money because they are not yours, and virtual!
Trading on a demo you will never understand the real trade, since you will not have a sense of responsibility.
Binary option trading on the demo is the same as if you exercise instead of football, trained on the couch with a joystick in their hands!
You would be perfect score goals and made feints, but it turned out to have it later in real life?
Trading on demo accounts gives a sense of self-confidence, which then lead to disappointment in the real deposit.
As you know, I develop trading on Forex without attachments for affiliate Fore4you.
And to my Skype adds a lot of people who share that trying to trade on the Forex.
The vast majority recognized that successful trading on a demo account, but when I switched to real – all poured!
Why it happened to them? They do not know the answer to this question …
But now you know!
Trading on the virtual and the real money – totally different trade:
And the root of it is in human psychology!
Personally, I recommend that on a demo run in only advisors! We do not have emotions and counselor, he is not afraid of the deposit!
Therefore, it will show similar results, that demo, which is real …
But a reasonable question arises – how to study without a demo account?
How to learn to trade options without using a demo account?
When I described the strategy of profitable binary options trading, I recommend not to rush immediately to earn on it, and work out on paper first!
The first thing you need to do – to select the underlying asset of the option which you will be more convenient to operate.
Be sure to determine the timeframe and the size of the lot!
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