The benefits of demo trading are usually restricted to three – understanding the platform, understand different order types and get the feel of the market.
Day Trader Ali Ahmed believes tyro traders could sharpen their skills and work on the discipline via demo trading. Ahmed suffered 50% drawdown on his grubstake in his early days and this decided to focus on demo trading. He approaches demo trading like a three-four year university graduation course.
Ahmed talks to Charlie Burton, Founder of EzeeTrader.