Share
Why demo is easy?
| Subscribe to this topic | Previous 1 2 3 4 5 6 7 .. 8 Next |
|
Member Since Apr 15, 2020 49 posts
ele020
Oct 06 at 10:45
Demo trading is a platform where you practice, and practice prepares you for the reality, but what practice doesn't include is unforeseen obstacles which are surely their when you get into the the real word. Similarly when it comes to trading, demo is easy because you don't actually loose your money its just the virtual money with which you play.
|
|
|
Member Since Jul 19, 2020 225 posts
GeorgeBischof
Oct 06 at 11:58
Demo is easy because it has no risks and it can be operated without any investment.
|
|
|
|
Member Since May 02, 2019 319 posts
Roberto21
Oct 07 at 07:38
now i leave the live account , because market movement right now very confused and volatile , for that reason demo trading is my first priority, even though its a boring but no way right now. because trading with real balance can be dangerous in corona virus issue.
|
|
|
|
Member Since Mar 11, 2020 16 posts
Brussels88
Oct 07 at 10:46
It is entirely because of you.
You have yet to understand that fear is the number one reason why traders lose money. Think about it this way. When you lose, you feel pain. As a result, you start to look for ways to avoid loss. Just because you don’t want to feel it anymore. It can take various shapes: You look for strategies that are said to have close to 100% win rate. Next time you see a trade setup, you are afraid to get in. Before you trade, you start searching to see if other people are about to do the same thing. A thousand people cannot all be wrong at once, right? Some may even switch to trade less random commodities. |
|
|
Member Since Aug 17, 2020 109 posts
DoraWalletInvest
Oct 09 at 18:39
Mohammadi posted:
honestly speaking , i trade most of the time in demo , but the knowledge i have gained i fail to use that when trade in a real account. If you don't mind my asking, what is it that you find harder when trading with a real account? Is it the emotions of trading, or something else? |
|
|
Member Since Feb 25, 2020 64 posts
Robert (Robert647373)
Oct 20 at 12:53
Losing virtual money on a demo account is as easy as in real trading. Simply emotionally, you will experience the loss of real funds, and the loss of virtual funds will be unpleasant, not critical for you. And you can still talk about the risks. In the demo version, you can enter trading with a large lot without worrying about the loss, and accordingly, in the event of a favorable trend, the income will be significant. In a real account, you will try to avoid trading large lots, as the fear of losing the account is very high.
|
|
|
|
Member Since Jan 11, 2019 73 posts
Gracewilson1995
Oct 21 at 07:53
Michihito posted:
Demo trading is devoid of emotions That's why making profit here is easier. It says us te importance of psychology. We need to be emotionless while trading. Open trade only when every aspects of your strategy is matching with the market. Demo trading is helful if we trade on demo account with same emotions as we do on live account. |
|
|
|
Member Since Feb 13, 2020 16 posts
Roland (Roland5463)
Oct 21 at 08:03
Because on the demo you do not risk your money.
|
|
|
Member Since Jul 20, 2019 296 posts
marco_mmbiz
Oct 21 at 09:36
Demo accounts are not always the same like real accounts, it doesn't always have to do something with your mindset only.
Most retail brokers have a different behavior as soon as it comes to real accounts with real good profits. The 'bad' behavior that you won't see on a demo account is: restricting withdrawals, server time-outs during trades, blocked EAs or trading strategies, higher spreads/slippages/commissions and so on. Demo accounts are most probably for marketing purposes only, but yeah you can also learn the simple trading stuff you need before starting any real account; that's correct. patience is the key |
|
|
|
Member Since Jul 19, 2020 141 posts
Michihito
Oct 21 at 10:20
@marco_mmbiz Every trader behave differently when it comes to shifting from demo to live trading. Yeah other problems are there but mindest or controlling power of emotions is the deciding factor in trading.
|
| Subscribe to this topic | Previous 1 2 3 4 5 6 7 .. 8 Next |
