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The difference between live trading and demo trading in forex
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[QUOTE="Holicent, post: 248546, member: 76163"] [FONT=Trebuchet MS]The main difference between live trading and demo trading is that you are actually buying and selling real currencies when you trade on the live market. On the other hand, demo trading allows you to practice your skills at no risk. If you want to learn how to trade currencies but don’t want to lose money as you do it, then demo trading is for you. You can practice all day long with virtual money until you are ready for live trading. While there are many benefits to practicing on a demo account first, there are also some drawbacks. While it lets you trade without risking real money, it does not necessarily prepare you for what happens in the real world. It can also be difficult to know exactly what will happen when you have never traded before. One of the best ways that traders can begin their careers is by using a demo account so they can practice without having any risk involved. Demo accounts allow traders to learn how to use different strategies without having any risk involved. By using a demo account first, traders can learn how to make money without risking any actual cash flow or capital investment into their businesses.[/FONT] [/QUOTE]
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The difference between live trading and demo trading in forex
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