What professional traders won't ever tell you?
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Dear valued subscribers,
Many professional traders won't tell you this.
It's not a secret, but it is a bit of a taboo.
The demo account is used by both?the amateur and the pro trader. All use it,?and even more so the experts.
The demo account is primarily used to test a particular type of product or a specific strategy?and simulate action on the?markets?without betting money. Some people,?before launching themselves in a specific asset or sector,?bet on a demo account to see if their strategy is profitable or not.?Three key points to note:
- Always start with a demo account
- Play on a demo account with the same capital as in actual trading
- Test your strategies in a demo account
These 3 points allow many traders?to familiarize themselves with a platform and, above all,?to see if their moves can be profitable: who doesn't win on a demo account doesn't win in actual trading. This is a saying to remember.
Wish you a wonderful day!
Trader and financial markets analysts team