This is Video about 'Demo Trading Account'
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As a beginner trader, you have to know the ins and outs of the stock market and this can be done through education first and experience second. However, it is the latter that gives the best understanding of the market because it is a first-hand experience that will teach you lessons you will easily remember. It is also the application of all the things that you have learned in books and stock market courses.
Experience in the stock market does not have to be painful at first. The problem with most beginner traders is that they get experience by trading and using real money. This is not how it should be done but this is a very common mistake among beginner traders. If you really want to accustom yourself to trading, you have to start demo trading first.
With a demo trading account, you're actually trading using live feeds from the market but not with real money. As you can see, it gives you the experience and the maturity as a trader without compromising your trading account.
In this video, I shall be discussing about the importance of a demo trading account and more. I hope that you will enjoy it!
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https://www.youtube.com/watch?v=NXeUTqssyZE
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