Most people start wrong with the Demo account. Mostly because they intended to despise it when trading Demo at IQ Option. They learn or listen somewhere one method to trade Options. Then open a Demo account to apply like a parrot to verify what they’ve just learned. After that, deposit and live trade. The result is their account on fire. This is what happens again and again with newbies.
In this article, IQtradingpro will share how to get started with a Demo account in IQ Option. To help you avoid doing nonsense things and burn your real money.
If you don’t know why trading demo is easy to make money while live trade isn’t, please read this article: How to trade IQ Option on a Demo account.
Start with a Demo account in IQ Option
If you consider Options as a game, like all other games you know, it is for one purpose – entertainment. Then there is nothing to discuss here. Go to IQ Option trading interface. Click HIGER or LOWER whatever as you like.
But if you are thinking Options as a channel to make money, with the desire to learn and look for a way to make a profit for yourself. Absolutely don’t start innocently. There are 2 points that you need to pay attention to.
A standard method to trade Options
The things you learn are almost impossible to make money on this market. Simply because they are what everyone knows. If everyone could earn money from those methods, all bookmakers would’ve gone bankrupt already.
The method here is patience. Do you have it? If not, then you must practice. Every statistic probability game always needs a way of playing with a high probability of winning. But it takes patience so that the winning probability could appear again and again.
There is no “holy grail” here. A lot of people like classes, signal rooms or buying indicators, etc. Money only comes when you learn patience.
When you trade Demo, it is difficult for you to keep patience because of the demo. But if you get over it, get past the thought that this is just a demo account to trade for fun. At that time, when depositing real money, the steps you make to open options are really cautious. Especially you are not overwhelmed by psychology when trading. The dose of patience can treat emotional illness effectively.
What is your own capital?
People manage their budgets by putting the money into some categories. Those are food, utilities, learning, savings, charity, investment, etc. How much are you willing to put in IQ Option? Ask yourself this question before you start trading Demo seriously.
Why? Because when you know exactly how much your budget is, you will have the tactics to trade Options with that budget. Avoid the thought that you have $10000.
If you keep investing money after each time you lose, how many times you can do it. For example 1 – 3 – 5 – 8 – 18 – 44 – 88 – 191, etc. This way to trade Demo is fine. But if you trade for real, you don’t have enough capital and even courage to do so.
Therefore, you need a plan to make your IQ Option method suitable for the capital. Let’s get started with your Demo account in IQ Option. Perfect starting momentum will help you go far in this Options game.
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