Are demo accounts useless for real trading experience?

[Imogen Beaumont]

There's no real emotion involved, and some say it gives false confidence. What do you think? Is demo trading actually useful?

 

[Mdraghib]

No its not like that you can learn lots things from demo like reading chart patterns, candle patterns and lots things.

 

[Imogen Beaumont]

No its not like that you can learn lots things from demo like reading chart patterns, candle patterns and lots things.

But do you think traders develop bad habits trading demo that hurt them in live markets?

 

[PhoenixJ]

Not completely, but compared to a real account with real money, it's not the same! When real money is involved, your mentality changes and the pressure goes through the roof! Of course it is my experience.