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The importance of demo trading
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[QUOTE="Wordsmith, post: 225379, member: 72115"] Demo accounts seem boring to new traders, but they play an important role. 95% of the traders lose their trading account because of no trading skills. And skills develop when you practise. Now, it is where demo accounts are helpful. You can use them to test trading strategies, multiple times, without worrying about losing money. How much time you spend there depends on you. But ideally a demo trading experience of 6-12 months prepares traders to handle the technical aspects of trading. [/QUOTE]
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