Search
Search titles only
By:
Search titles only
By:
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Forums
New posts
All threads
Latest threads
New posts
Trending threads
Trending
Search forums
What's new
New posts
New ads
New profile posts
Latest activity
Free Ads
Latest reviews
Search ads
Members
Current visitors
New profile posts
Search profile posts
Contact us
Latest ads
🚀 GOOGLE AI PRO 18 MONTHS ACTIVATION 🚀
sayuru bandara
Updated:
Today at 5:34 PM
Pure VPN - Up to 27 Months
vgp
Updated:
Friday at 8:10 AM
එක පැකේජ් එකයි මාසෙටම Unlimited Internet. තාමත් DATA CARD දාන්න සල්ලි වියදම් කරනවද? අඩුම මිලට අපෙන්.
sayuru bandara
Updated:
Jun 2, 2026
Ad icon
ඉන්ටර්නෙට් එකෙන් හරියටම සල්ලි හොයන්න සහ Success වෙන්න කැමතිද? 🚀 (E-Money & Success Stories)
siri sumana
Updated:
May 30, 2026
Gemini AI PRO 18 months Offer
Hawaka
Updated:
May 27, 2026
Electronics
Vehicles
Property
Search
Reply to thread
Forums
Business & Marketing
eMoney (Internet Marketing & Business)
Forex Lessons
Get the App
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
<blockquote data-quote="udithag" data-source="post: 11169196" data-attributes="member: 47287"><p><strong>How to use demo successfully to improve your trading tactics ?</strong></p><p></p><p><span style="font-size: 15px"><span style="color: Blue">A lot of beginners say that the demo account is not working for them to improve their trading skill. This is because they don’t care about trading on demo as they don’t loose their real money. So from this post I am going to tell you how to use demo account to practice trading before you go into trade in real account. If you use this method to practice, it is guaranteed that you will never loose your money and you will be able to develop a good trading plan and a trading discipline.</span></span></p><p><span style="font-size: 15px"><span style="color: Blue"></span></span></p><p><span style="font-size: 15px"><span style="color: Blue"><strong>1</strong> First you have to open a demo account under a good forex broker who offers at least about 20 currency pairs and charges small spreads.I recommend following brokers to open a demo account</span></span></p><p><span style="font-size: 15px"><span style="color: Blue"></span></span></p><p><span style="font-size: 15px"><span style="color: Blue"><a href="http://www.fbs.com/" target="_blank">http://www.fbs.com/</a></span></span></p><p><span style="font-size: 15px"><span style="color: Blue"></span></span></p><p><span style="font-size: 15px"><span style="color: Blue"><a href="http://www.roboforex.com/" target="_blank">http://www.roboforex.com/</a></span></span></p><p><span style="font-size: 15px"><span style="color: Blue"></span></span></p><p><span style="font-size: 15px"><span style="color: Blue"><strong>2 </strong> Usually brokers give about 50000 USD as virtual money. But don’t try to trade big lots like 1 or 2 lots. I recommend you to trade 0.01 lots as it is the minimum lot size and if you are going to open a real account with 100 USD it is the recommended lot size to trade with minimum risk.</span></span></p><p><span style="font-size: 15px"><span style="color: Blue"></span></span></p><p><span style="font-size: 15px"><span style="color: Blue"><strong>3 </strong> Then next step is to set a target to achieve. Your target should be a profit of 100 USD as you trade 0.01 lots. If initial amount of demo account is 50000 USD, you have to increase your balance to 50100 USD to start trading on real account.</span></span></p><p><span style="font-size: 15px"><span style="color: Blue"></span></span></p><p><span style="font-size: 15px"><span style="color: Blue"><strong>4 </strong> So start trading on demo until you reach the balance of 50100 USD. If you cant achieve that target you are not qualified to trade on real account. In first few months probably you will end up with losses even without maintaining the initial deposit. Never mind that it is the nature of forex. Everyone looses at the beginning.</span></span></p><p><span style="font-size: 15px"><span style="color: Blue"></span></span></p><p><span style="font-size: 15px"><span style="color: Blue"><strong>5</strong> Think that demo money as your real money and always try to be disciplined when entering to trades. Try to learn as much as you can reading ebooks and articles while trading to gather a good knowledge.</span></span></p><p><span style="font-size: 15px"><span style="color: Blue"></span></span></p><p><span style="font-size: 15px"><span style="color: Blue"><strong>6 </strong>Don’t try to increase lot size and always keep it as 0.01 because if you loose, it is very hard to recover as it is a big amount and if you win and achieve the target, you might feel overconfidence about your performances and it is not good for trading.</span></span></p><p><span style="font-size: 15px"><span style="color: Blue"></span></span></p><p><span style="font-size: 15px"><span style="color: Blue"><strong>7 </strong> After the end of the month look at your loosing trades and try to find out reason for those trades. Also look at your winning trades and try to remember those chart patterns that were successful. Waiting until best opportunities to appear in charts to trade is very important. You don’t need to trade always and if you get confused by chart patterns, don’t enter to trades and watch a movie. It is very important to protect your profits from previous trades.</span></span></p><p><span style="font-size: 15px"><span style="color: Blue"></span></span></p><p><span style="font-size: 15px"><span style="color: Blue"><strong>8 </strong> Don’t let loosing trades to go more than 100 pips and don’t expect that loosing trades will become wining trades after some time because price might never return to that position.</span></span></p><p><span style="font-size: 15px"><span style="color: Blue"></span></span></p><p><span style="font-size: 15px"><span style="color: Blue"><strong>9 </strong> As it is very hard to catch a winning trade, hang on winning trade as much as you can if there are no supports or resistances nearby. Sometimes we can hold winning trades for several days if it is going our way.</span></span></p><p><span style="font-size: 15px"><span style="color: Blue"></span></span></p><p><span style="font-size: 15px"><span style="color: Blue"><strong>10</strong> Start trading with confidence in your real account when you reached the target of 50100 USD with the valuable lessons that you learned from demo trading. It takes some time to achieve that and during that period you will gain a lot of experiences as experience is the most important thing in trading.</span></span></p><p><span style="font-size: 15px"><span style="color: Blue"></span></span></p><p><span style="font-size: 15px"><span style="color: Blue"></span></span></p><p><span style="font-size: 15px"><span style="color: Blue">මේක මම මගෙ blog එකේ දාපු post එකක්. අලුතින් පටන්ගන්න හැමෝම ගොඩක් වෙලාවට demo එකක trade කරනවනෙ ඉතින් ඒකෙ trade කරන්න ඕන විදිහ තමයි මේකෙ දාල තියෙන්නෙ. simple English තියෙන නිසා අවුලක් වෙන්නෙ නැතිවෙයි කියල හිතනව</span></span>. <img src="/styles/default/xenforo/smilies/default/happy.gif" class="smilie" loading="lazy" alt=":)" title="Happy :)" data-shortname=":)" /><img src="/styles/default/xenforo/smilies/default/happy.gif" class="smilie" loading="lazy" alt=":)" title="Happy :)" data-shortname=":)" /></p><p></p><p><a href="http://forextradingwithme.wordpress.com" target="_blank">http://forextradingwithme.wordpress.com</a></p></blockquote><p></p>
[QUOTE="udithag, post: 11169196, member: 47287"] [b]How to use demo successfully to improve your trading tactics ?[/b] [SIZE="4"][COLOR="Blue"]A lot of beginners say that the demo account is not working for them to improve their trading skill. This is because they don’t care about trading on demo as they don’t loose their real money. So from this post I am going to tell you how to use demo account to practice trading before you go into trade in real account. If you use this method to practice, it is guaranteed that you will never loose your money and you will be able to develop a good trading plan and a trading discipline. [B]1[/B] First you have to open a demo account under a good forex broker who offers at least about 20 currency pairs and charges small spreads.I recommend following brokers to open a demo account [url]http://www.fbs.com/[/url] [url]http://www.roboforex.com/[/url] [B]2 [/B] Usually brokers give about 50000 USD as virtual money. But don’t try to trade big lots like 1 or 2 lots. I recommend you to trade 0.01 lots as it is the minimum lot size and if you are going to open a real account with 100 USD it is the recommended lot size to trade with minimum risk. [B]3 [/B] Then next step is to set a target to achieve. Your target should be a profit of 100 USD as you trade 0.01 lots. If initial amount of demo account is 50000 USD, you have to increase your balance to 50100 USD to start trading on real account. [B]4 [/B] So start trading on demo until you reach the balance of 50100 USD. If you cant achieve that target you are not qualified to trade on real account. In first few months probably you will end up with losses even without maintaining the initial deposit. Never mind that it is the nature of forex. Everyone looses at the beginning. [B]5[/B] Think that demo money as your real money and always try to be disciplined when entering to trades. Try to learn as much as you can reading ebooks and articles while trading to gather a good knowledge. [B]6 [/B]Don’t try to increase lot size and always keep it as 0.01 because if you loose, it is very hard to recover as it is a big amount and if you win and achieve the target, you might feel overconfidence about your performances and it is not good for trading. [B]7 [/B] After the end of the month look at your loosing trades and try to find out reason for those trades. Also look at your winning trades and try to remember those chart patterns that were successful. Waiting until best opportunities to appear in charts to trade is very important. You don’t need to trade always and if you get confused by chart patterns, don’t enter to trades and watch a movie. It is very important to protect your profits from previous trades. [B]8 [/B] Don’t let loosing trades to go more than 100 pips and don’t expect that loosing trades will become wining trades after some time because price might never return to that position. [B]9 [/B] As it is very hard to catch a winning trade, hang on winning trade as much as you can if there are no supports or resistances nearby. Sometimes we can hold winning trades for several days if it is going our way. [B]10[/B] Start trading with confidence in your real account when you reached the target of 50100 USD with the valuable lessons that you learned from demo trading. It takes some time to achieve that and during that period you will gain a lot of experiences as experience is the most important thing in trading. මේක මම මගෙ blog එකේ දාපු post එකක්. අලුතින් පටන්ගන්න හැමෝම ගොඩක් වෙලාවට demo එකක trade කරනවනෙ ඉතින් ඒකෙ trade කරන්න ඕන විදිහ තමයි මේකෙ දාල තියෙන්නෙ. simple English තියෙන නිසා අවුලක් වෙන්නෙ නැතිවෙයි කියල හිතනව[/COLOR][/SIZE]. :):) [url]http://forextradingwithme.wordpress.com[/url] [/QUOTE]
Insert quotes…
Verification
Hath warak paha keeyada? (hatha wadikireema paha)
Post reply
Top
Bottom
🚀 GOOGLE AI PRO 18 MONTHS ACTIVATION 🚀
Pure VPN - Up to 27 Months
Gemini AI PRO 18 months Offer
