Jump to content
  • 0
Sign in to follow this  

Demo account


Hi people, can you help me please how to use demo account? And how to trade? I'm a newbie.

Share this post

Link to post

5 answers to this question

Recommended Posts

  • 0


Coaching - I cannot wait for your response. I look forward to it. 

It is all about knowing your audience and so far there are only a handful of possible technicians posting and I am not one of them as I trade on a very simple level.

There are only a few of you and I include you @Caseynotes who trade on what is perceived to be of a higher level compared to other posters but the question is whether it is more profitable or not than a more simplistic trading style?

How do you coach someone who is a 'newbie'? The analysis that some of you conduct would blow their mind. How do you assess their aptitude? 

I shall be monitoring the responses but what I will say is that one needs to understand the 'newbie', what their skill set is, what their risk profile is, how much capital they have, what their competencies are, strengths / weaknesses, specialities, etc. 

Share this post

Link to post
  • 0

you are of course quite right @TrendFollower, the first steps are to do the basic learning first by going through the IG Academy or babypips.com (school) and then practicing and experimenting with the concepts on a demo platform all of which takes months before you are ready to realise this is much harder than first envisaged and then start perhaps looking for peer support.

Having already completed the above mentioned training then peer support on forums such as this is a good next step but not a good first step because until there is a grasp of the basic concepts the discussions bounce off rather than being absorbed and so only lead to confusion and frustration.

So best advice @Massengo is, as suggested in the first reply, do the ground work to gain the basic knowledge first and then join in the discussion with peers on the forum to help continue your development towards that of a successful independent trader.




Share this post

Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

You are posting as a guest. If you have an account, please sign in.
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Member Statistics

    • Total Topics
    • Total Posts
    • Total Members
    Newest Member
    Joined 16/06/19 16:38
  • Posts

    • Bitcoin at 1:30 pm UK time is still holding up above $9k level which is good so far. It may not last and by tomorrow morning could be back below $9k or shooting up to $10k such is the unpredictability and volatility in Bitcoin. 
    • I wanted to just share the 'Monthly' Silver chart. I shall let you all draw your own conclusions and make your own predictions / assumptions.  Now have a look at the 'Weekly' chart below: For me one could argue that all the downside is played into Silver and any sight of significant bad new could lead to immense upside. It would be a 'Contrarian' type investment / trade but it would also be a 'buy and hope' investment and style. There is nothing wrong with that as long as one accepts that is what it may be. Right now time for some serious 'Flooding'. Apologies if you do not get a chance to this this post or my previous post on this thread due to severe 'Flooding'. The weather is bad in the UK. 😂
    • How is Iron Ore Commodities Interest Calculated with no futures markets?