Opening a demo account is a great way to practice technical analysis. There’s only a minor difference between having a real account and a demo account at this stage of technical analysis, and you can learn a lot. This is the first post in series of posts.
Small Psychological Difference
A practice account is extremely useful for practicing technical analysis and it’s results. When checking out forex charts, recognizing trends, seeing resistance and support lines, the process is exactly the same as doing it with a real live account.
When you’re out of the market, there’s a little difference if you perform the technical analysis and use a live account, or a forex demo account. There is a small psychological...
