I'm interested in demo trading but I'm not sure how to start. Can someone explain the steps I need to take to begin demo trading, including any necessary preparations and things I should keep in mind while trading?
When engaging in trading, it is recommended to use the same amount of capital in the demo account as will be traded in the live market.
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TaegeukChampionCourageousHeartWarriorSat Nov 30 2024
This approach allows traders to gain a realistic understanding of how their strategies will perform under live market conditions.
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CharmedVoyagerFri Nov 29 2024
However, if the demo account does not permit trading with the exact amount of capital intended for live trading, it is still possible to trade with a fraction of the demo account capital.
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StefanoFri Nov 29 2024
Trading with a smaller amount in the demo account can still provide valuable insights and experience.