It is the psychological aspects

Nov 22, 2020 at 12:47
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9 Replies
Member Since Jul 19, 2020   751 posts
Nov 22, 2020 at 12:47
It is the psychological aspects that makes the difference between demo and real account. In real account, your own money is invested. That's why you are emotionally involved. According to human psychology, people tend to take impulsive decision when they are emotionally attached to anything.
Member Since Jul 19, 2020   298 posts
Nov 25, 2020 at 11:35
Emotional decision in trading leads us to havoc. Like after a loss people open revenge trade to recover the loss quickly even of it doesn't show any trade set up. We need to calm and cool while trading.
Member Since Jul 23, 2020   759 posts
Nov 25, 2020 at 17:14
That’s right. Trader often fail to execute their perfect trading setup due to emotion. That’s why trading psychology is important in trading.
Member Since May 11, 2019   25 posts
Dec 01, 2020 at 07:56
At the demo you can definitely afford the emotions. This is true. And without consequences.
Member Since May 11, 2020   74 posts
Dec 01, 2020 at 11:26
Laige posted:
At the demo you can definitely afford the emotions. This is true. And without consequences.

Yes, because you obviously realized that the money are not real in demo account so you are not that scared about losing money as compared to live account
Member Since Jul 23, 2020   869 posts
Dec 01, 2020 at 13:55
Michihito posted:
Emotional decision in trading leads us to havoc. Like after a loss people open revenge trade to recover the loss quickly even of it doesn't show any trade set up. We need to calm and cool while trading.
The best way to deal with emotion is investing small capital and try to master your emotion.
Member Since Dec 11, 2019   14 posts
Dec 11, 2020 at 11:51
Demo is a great modern tool, which helps to understand trading and get used to correctly assess the situation.
And it is available always and everywhere.
And it is the best feature of modern trading.
Member Since Apr 18, 2019   30 posts
Dec 24, 2020 at 08:46
Demo or main account...
You should always stick to the format, as if your money is now key.
This helps to achieve discipline and self-motivation.
Member Since Jul 19, 2020   298 posts
Dec 24, 2020 at 12:02
Greed and the restlessness of making money quickly do the havoc. From the beginning most people consider trading like gambling. They want to make huge money overnight. They do not follow any risk management policy.
Member Since Jul 27, 2020   102 posts
Jan 05, 2021 at 08:25
Fabiandelph842 posted:
Yes, I agree. Real accounts do hold some sentimental and monetary value as compared to the demo accounts that are just for practice and testing.
Exactly. Real accounts hold your actual money so you are easily scared when you are making losses as compared to demo account which you had your mindset thinking that your money is not an actual.
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