rickyb posted: your ecn demo should be very accurate for results.providing you are not scalping 1-2 pips.you have sl and tp set at broker.also check to see there are any big spike prices on any days.this will affect results compared to live.normal everyday trading will be close to live with with 1-2 percent difference at most if any.the only issue i had once was with broker e-mailing not to open many trades at same time with my ea on live account.i think was about 7-10 different pairs on same timeframe on change of time frame.these are the sort of things demo does not show with a given broker.
exactly, demo should reflect the live environment but of course things such as SLIPPAGE cant be accounted for in demo so beware of that
Trallod posted: In my opinion, demo trading cannot be considered as any serious indicator at all. With its help you can practice your strategy or get used to trading. But you should not count on the fact that you can prove your professionalism here. Firstly, because the demo does not give you the emotions that you feel in the real market. Secondly, the demo does not always correspond to the real markets, if we are talking about dishonest brokers. So it is better to work in a normal company with your money, then you can objectively assess the results and talk about some achievements.
Did you take your demo as seriously? May I know the amount of your demo practice please?
Hi AniLorak, if you take your demo seriously enough that you trade the demo account for a living, I respect you mate.
Well; now I am doing my live trading & of course my demo trading experience helped me a lot especially on my early days of live trading!
VicGuedez posted: ... I'm asking about the sentiment that ECN demo accounts are not representative of what a live account could of have been. Is there something negative that does not happen on ECN demo accounts?
Professional4X posted: Demo account price feeds can and often do in fact differ from the live feed from a broker. ... Demo accounts are simply that, they're demo accounts... the results should NEVER be trusted to perform identical in live trading.
As Professional4X started, ECN Demo is still Demo: the 'negative' aspect you asked is the slippage and latency you will experience on Live but never on Demo.
For example, the scalping EAs Robotron and RedEye I personally tested on Demo and had the expectation of profitable performances. However, running on ECN Live I did not have the same performance, due to slippage and latency during order execution.
This can be expected of tick scalpers such as Waygrow EA, MillionDollarPips Ea and many others.
Also, when trading large Lots you will experience this even if you are not scalping. I was trading 20 Lots per trade and often suffering some slippage of price when entering.
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