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Importance of demo accounts what is it?

franzschubert said:
Yes, everyone should practice with demo first, whilst thinking, this would be real money, otherways it is not taken serious enough. For EA testing there are some limitations in the demo account, because you never get real market conditions in spread, requotes and slippage. I have an EA, that works good in demo and loses in live.
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Of course you must take this work seriously, demo account allows you to learn to trade, but we must not forget that this is practice
 

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