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Comparing Demo Performance with Live Performance.
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Moneymanagement

Member Since Sep 09, 2010  35 posts Easytrader (Moneymanagement) Sep 14 2010 at 10:13 (edited Sep 14 2010 at 10:17 )
All i could say here is that there is much difference between demo trading and live trading, demo is just like you are in the dream word of trading know you can not die, even if you die in the dream, you can still wake up in the real world, but live trading is the real world, once you are dead, you are dead, so you have to plan ahead and see afar in other not to be obstructed in any danger, which means MONEY MANAGMENT in trading

Patient The Best Stractegy
olive10000

Member Since May 06, 2010  41 posts olive10000 Sep 14 2010 at 13:00
If you manage your demo account in the same way you manage your live account, it means, you care much about your perforamnce and trading style than the money you are making, so you have a strong strategy, you are not gambling and this is a good point to succeed in trading.

Keys for forex success:PATIENCE and money management!
pipinvestment1

Member Since Aug 14, 2010  219 posts Will Schaarrand (pipinvestment1) Sep 14 2010 at 20:08 (edited Sep 14 2010 at 20:09 )
1 pip at a time
justgbp

Member Since Sep 06, 2010  9 posts justgbp Sep 14 2010 at 20:43
I must be a better person first before I can be a profital trader.
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