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Azub TaiwoComment

Comment on Olymp Trade

★★★★★1 / 5Initial 1-star scoreReference #1493
<p>Trading various financial instruments can be a very difficult task and therefore I believe that only very responsible and disciplined people should be engaged in this, you understand?<br> I don’t know if I am such a person but I have already started to try Olymp Trade forex trading.<br> I trade on a demo account.<br> Even though it’s virtual money and I don’t have to worry, I act like it’s my real money.<br> I think that I am doing the right thing, because if you get used to demo trading, then it will be harder to trade later.<br> I will not lie and I will not say that I am doing well.<br> Trading is work.<br> I constantly read something and watch videos about different trading strategies. I also believe that you need to learn from the mistakes of other people. I think that this is correct because if a trader makes a mistake, it means that he loses money. This is bad.<br> Nobody wants to lose money, right?</p>

Replies 1

Guilherme MeloReply
★★★★★

<p>You are right when you say that nobody wants to lose their money, but demo account will never make you a good trader, unfortunately. You have mentioned that the people who spend too much time trading on demo find it difficult to switch to real trading just because of the fact that real trading is different in many aspects. I feel that the best way to learn trading is to start with demo and use for several weeks in order to get used to the trading platform, but after it, you definetely need to start trading real money. I am not talking about huge sums of money, actually olymp trade minimal deposit is $10 which is pretty enough to trade microlots and practise the skills which are necessary for successful trading.</p>

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