In that sense many traders are not at all serious while using the Demo account.
They think that in this the money lost is not real so they have the full liberty to make trades as they want to. While this is true but it defeats the very purpose of the Demo account.
A trader can realize the Full benefits of the Demo account only when he is trading it as if it is the real money and is serious. This way he would exercise caution and make only those trades that are actually warranted.
With this approach he would be able to formulate a trading strategy that would be both profitable and long term viable.
They think that in this the money lost is not real so they have the full liberty to make trades as they want to. While this is true but it defeats the very purpose of the Demo account.
A trader can realize the Full benefits of the Demo account only when he is trading it as if it is the real money and is serious. This way he would exercise caution and make only those trades that are actually warranted.
With this approach he would be able to formulate a trading strategy that would be both profitable and long term viable.
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