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will investors even look at demo statement

mmatej1988
Jan 12 2014 at 07:35
15 posts
sorry little misspelled at last sentence :)

TheSmokedAce
Jan 19 2014 at 16:08
67 posts
mmatej1988 posted:
Hello all and thanks for such a quick replies :)

It make sense actually, if I want someone to invest real money I will have to show him real money statement!
How much does it matter account size, would you say 5K will interest someone after 2year statement on 4% monthly growth without any withdraw? Or does it even matter if I do withdraw as long I constantly earn min 4% each month for long period without big DD?

Thank you all for help, I never thought about investors before, but after few years now working in a team I realized that I will never get to big money by saving just from my salary, and I never had any strategy to earn big % in short time, so definitely going to open live account only for potential investors.



Showing some drawdown is healthy, accounts who are 'perfect' with no drawdown are scarrier to people then accounts with some drawdown. As this way clients can see what potential losses can be.
Some very dangerous systems have no drawdowns until they explode.

PTG (ProTradersGroup)
Jan 28 2014 at 12:38
386 posts
mmatej1988 posted:
Hello all, I have just joined myfxbook and after watching a community chat for a while I have noticed that all are interested exclusively in real account statements, I am doing a demo statement for a few months and now been wondering if its a waist of time, should i just wait till I have some decent money and make a real account statement?


Some demo accounts are doing much better than the millions real accounts so WHY NOT!?

 

Steve B (stevetrade)
Jan 28 2014 at 12:49
1408 posts
Because the psychology of trading with real money is a lot different to the psychology of trading with play money.
Best regards Steve

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Batak Medan (batak)
Jan 28 2014 at 19:42
132 posts
i agree with you steve.

Nick (NickMcDonald)
Jan 29 2014 at 08:53
86 posts
stevetrade posted:
Because the psychology of trading with real money is a lot different to the psychology of trading with play money.
Best regards Steve


I totally agree.

I'm constantly offered trading systems from demo traders. Unless a trader is willing to put a big chunk of his own money behind his own trading then why should I invest?

If you want to attract investment then be seen to have your balls on the line with your trading, just like your investors will have.

Find your passion and work hard
Adrian Matusiak (adrian8891)
Jan 29 2014 at 10:38
696 posts
stevetrade posted:
Because the psychology of trading with real money is a lot different to the psychology of trading with play money.
Best regards Steve


Yes yes yes. Thats why I use only robots to totally reduce emotions problem.

PAMM MANAGER // Professional Fund Manager
PTG (ProTradersGroup)
Jan 29 2014 at 12:03
386 posts
adrian8891 posted:
stevetrade posted:
Because the psychology of trading with real money is a lot different to the psychology of trading with play money.
Best regards Steve


Yes yes yes. Thats why I use only robots to totally reduce emotions problem.



You should try our FREE Auto Trading service to change your point of view.

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