How to Start Demo Trading for Beginners 2024

If you want to make money online through trading, you can follow the process I have shared in this post. In this article, I will share a detailed guide to starting trading from zero.

Before we proceed, I want to share with you that trading is a risky process and you may lose your money, so manage your finances before investing. You can lose all of your savings if you trade without risk management.

If you are a beginner, keep in mind that trading can be dangerous for your finances if you trade without risk management.

How to strart trading

There are many options available for trading, but for beginners, paper trading is the best. You can use a paper trading app to start your trading journey, or you can also use a demo account for trading with virtual money.

Best trading app for begineer with demo account

For beginners, you can download the GURU Trade 7 app to start trading because you will get a demo account with 10,000 rupees. You can use these 10,000 rupees to learn trading.

How to use these demo trading money to learn trading.

To use this demo money (virtual money), you need to download the Guru Trade 7 app.

After downloading this app, you will receive 10,000 in virtual money.

Here, you can explore a lot of options like Trade, News, Help, History, and Profile.

How to get demo trading money

After downloading the app, you will receive the demo account and can access the 10,000 free demo money.

You don’t even need to create an account. You just need to download the app, and you will get that amount.

How to trade

After downloading the app, you will find the trade option; click on it to access the trading graph. Here, you can also see the PUT and CALL options.

If your analysis suggests that the market will move upward, then you need to choose the CALL option, and your trade will execute. Before you trade, you can select the time frame and also choose the amount you want to invest.

If the market is predicted to move in a downward direction, then you can choose the PUT option. If the market moves in the downward direction for the selected time frame, you could make up to a 75% profit.

Disclaimer

This is not financial advice, and I do not recommend that you invest your hard-earned money without caution. So, before investing, please read all related documents and seek advice from an expert.

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