Binance Square
tradesmart
1.5M views
586 Posts
Hot
Latest
LIVE
LIVE
SSCROOGE_ACADEMY
--
Why is paper trading or demo account a pitfall? Trading on paper does not cause the same level of stress when opening a trade as real trading. Therefore, such conditions are not indicative and do not contribute to effective learning and experience. The value of such trades is lower. To have an effective experience, you always need to take some risks. Instead of paper trading, it is better to use minimal risk, which will allow you to feel a little stress. For example, 0.25% is enough: 4 losing trades in a row in this case amount to only -1% of the deposit, but at the same time there are 4 mistakes, which, if you sort them out, you will gain experience. #EducationalContent #AcademyCourse #sscrooge #demovsreal #tradesmart
Why is paper trading or demo account a pitfall?

Trading on paper does not cause the same level of stress when opening a trade as real trading. Therefore, such conditions are not indicative and do not contribute to effective learning and experience. The value of such trades is lower.

To have an effective experience, you always need to take some risks.

Instead of paper trading, it is better to use minimal risk, which will allow you to feel a little stress. For example, 0.25% is enough: 4 losing trades in a row in this case amount to only -1% of the deposit, but at the same time there are 4 mistakes, which, if you sort them out, you will gain experience.

#EducationalContent #AcademyCourse #sscrooge #demovsreal #tradesmart
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number