- The use of demo trading is a good way to ensure that the funds that we enter into the trading exchange platform are not immediately wasted. Actually, just last week, because I wanted to learn futures trading, I first practiced demo trading to know where and how I could get a profit from it.
Because I know it's not that easy to get earnings here. Although I already have some ideas and knowledge about trading, that's why I decided to try to enter the futures trading activity.
It's good that you started with demo account first before using real money in trading.
For some, using demo account first seems to be working for them. That isn't the case for me. I also tried using demo account before doing trading, but I always end up with a loss.
Based on my experience, your emotions in both using the demo account and the real money in trading is very different. In using you demo account, you seem like you don't care at all if you lose your money because after all, it's just fake money. You don't care even if you're making mistakes or losing that money because it's only on demo account. That isn't the case when you're doing trading using your real money anymore because emotions are helpful to make better decisions. That's my problem when I'm trading. I'm letting my emotions control me hence, I ended up making some stupid and bad mistakes that caused me to lose all of my capital (or at least a huge portion of it).
At the end of the day, demo account is helpful still, but not for all.