You know, friends, I'm against demo accounts.
Why?
A demo account is a short-term tool. It is useful for one purpose only: to understand the basic mechanics of making trades without financial risk.
But many traders abuse it. I know of cases where people stay in a demo account for years, believing that the longer they test a strategy, the higher the chances of success are
In the long run, a demo account can do more harm than good.
It builds false confidence, creating a sense of control in an environment that has nothing to do with the real market. There is no fear of loss here, no capital pressure, no consequences for mistakes
A positive result on the demo is just an illusion of progress, which at best is subjective, and at worst - does not correspond to the truth at all
Demo trading forms wrong habits. A trader gets used to conditions that do not exist in the real market:
Risk without consequences. You can enter a deal without a plan, sit out losses, ignore stops - and it has no price. 0 reply
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