Introduction:
Many traders rush through their demo account and lose real money later. Don’t make that mistake! A demo account is your safe place to practise your strategy and learn how to use your trading platform.
Treat It Like Real Money
Don’t take wild trades just because it’s virtual. Practise as if it’s your real cash.
Practise Using All Features
Learn how to:
✔️ Place buy and sell orders
✔️ Adjust stop-loss and take-profit
✔️ Read charts and indicators
✔️ Test your strategy in real conditions
Test Different Indices
Try trading the S&P 500, NASDAQ, and DAX. See which suits you best.
Track Your Results
Keep a notebook. Note what worked, what didn’t, and what you’d do differently.
Know When You’re Ready
Don’t switch to live trading until you’re profitable on your demo for at least a few weeks.
Conclusion
Your demo is your free training ground. Use it well, and when you switch to live, you’ll feel ready and confident with your trade indices broker.
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