The simulator of work on the exchange is a great opportunity to test your strength for beginners. This method allows you to develop some skills necessary for each trader. Despite this, there are some nuances that every novice investor should know about. This method is recommended not to be used in all cases.
When is it appropriate to train?
It is advisable to open a demo in the following cases:
• checking the working conditions of a particular company;
• development of a new strategy;
• testing of a previously unfamiliar platform.
In other situations, it is better to create a minimum deposit and evaluate the real bidding. So you can take into account not only technical, but also psychological aspects.
A demo account is required to study the tools, market features and behavior of other players. Do not underestimate its significance – everyone needs to go through practical training in this way.
But great hopes are also not necessary. No one becomes a trader after several classes. To do this, you will need to gain experience in real trading in real time. Do not rush to invest large amounts. Start with a minimum deposit and increase rates in the development process.