It's very useful indeed. It's like, giving tests before giving final exam (live). If you take demo lightly, won't look good on your grade in final.

Is demo a step before real trading?

Anything is possible with Forex. But avoid too much risk as you have increased the chances of loss. Without risk management, you would end up in regret.

double the account every day...

Depends who you trade with, its takes time to build trust with a broker. I trade with multiple brokers at one point and never keep all my funds with one. I hv 10k+ with 2 brokers and few hundred bucks with others.. so I start anywhere bet 200 to 500 ...

Is your money safe with your broker?

Acceptance is the key to become emotionless. What else? I'm not saying that you have to accept to lose money, that's not how it works. What I mean is that you must agree that you're powerless over market action. Just accept the outcome of the trades ...

How to Become Emotionless

Every thread is useful I believe. And sure, demo is very useful for beginner, but don't treat it like it will happen in live account and become mess. Just keep practicing until you make strategy. If it ain't work, time to change strategy. If you ...

Demo Forex VS Real Forex

Very good advice. And I agree with you that if one quit, one looser. However, in other cases, if someone quit because there's chaos in financial life or family life, then it's not looser, but wise to quit.

I plan to quit forex!

The best pairs cannot be determined for general or cannot work for all at the same time. In simple sense, there are factors to considers that suits you like, pair's volatility, their spreads, making sure if picked pairs suits your strategy and also ...

The best Pairs to Trade?

Forex is not easy money for sure. Even life is not easy living. So, we cannot live a life unless we have some skills in something, be it trading or anything. That will make it easy. No?

Growing Account

1st and 2nd only? Passion and Passion are the minimum eligibility for successful trading in Forex. 3rd and 4th? Education in Forex and mental behavior are what separates trader from gambler. 5th and 6th? Fundamental analysis and proper risk ...

the most important things in forex

Easy? May I ask how long you've been trading and how much you're making? And what popular strategy you used to share with your students?

I plan to quit forex!

Totally agree with it, but you can't make it less importance, the issues you display is from people's menatlity, not demo problem at all.

Demo Forex VS Real Forex

Trading Forex is surely tough, it requires long long friendship, boring education (if you have no passion for trading), pain experiences, and lastly comes winner. But 8 years, 12 years! Sound scary, I suggest you to reconsider your strategy, try ...

8 Years Later - Still Not Winning

You might be talking about Forex Broker, not Forex. Since Forex is largely available in the world and very rich in liquidity, it IS purely reliable. There are lots of scams available in Forex brokers nowadays, and that's sad part. But you need to be ...

Is Forex reliable?

I did not expect that there is large number of Bitcoin holders (according to voting result). The lovers of Bitcoin understand why we own BTC or why we use cryptocurrencies a/c for trading.

Do you own Bitcoin? (Poll)