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Why are ECN demo accounts not taken as proof of performance?

AniLorak
Jul 29 2019 at 14:45
920 posts
rickyb posted:
if you have someone with verified ecn demo for ten years big profit every month and big stop loss and take profit and big pips per trade.you would have stampede buying it compared to someone with live account same results 3 months live trading.!!


That’s the reality; traders take casually the demo but when they invest their real money; they expect good result!

AmDiab
Dec 01 2019 at 03:53
718 posts
Hi Ani; I see which traders are enjoying their live trading right now; they used their demo so sincerely! There is nothing like shortcut way!

Mohammadi
Dec 21 2019 at 09:23
871 posts
demo is good bu the experience we took generally
from here practically not works when trading in a live , its a reality, 

swimmable
Dec 23 2019 at 16:09
11 posts
I find demo results are exactly the same as my real account results. I did a full comparison with a robot and the results were almost identical

rabbithoe
Dec 24 2019 at 07:10
9 posts
Easy way to get huge gain on demo account over a long period of time, for example 16 times the starting fund:

Step 1: Open 16 demo accounts with starting fund of $1000
Step 2: open a huge position (for example 10 lots) for those accounts, Long for 8 accounts and Short for 8 accounts.
Step 3: When 8 accounts opposite to the market have blown up, close the winning 8 accounts immediately.
Step 4: Now you have 8 accounts with 2x the fund = $2000 each

Now repeat 4 steps, but this time with 4 long 4 short, you will have 4 accounts with $4000 each

Repeat that again you will have 2 accounts with $8000 each

remember when you are operating this scheme, take some time gap between each cycle so on the timeframe it looks more trustable.

At the end you will have ONE account with $16000, which is 16 times the original fund, congratulations.


Declaim: OP I am not saying you did your demo account like that, I am just explaining why people wouldn't trust a demo account result because of those schemes exist.

Jalath
Dec 31 2019 at 15:52
20 posts
Cause demo account is a good way to learn trading that's true, however demo-account is not a real trading, as traders don't take it seriously. If you're trying to make profit demo, you aren't feared of loosing money, as you know that demo is a kind of game. Real ECN account is other thing, where you face a risk face-by-face and should first of all deal with your own emotions. So demo ECN trading is okey to learn, but that's not a proof of performance.

Trallod
Dec 31 2019 at 16:27
21 posts
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.

AniLorak
Jan 02 2020 at 15:17
920 posts
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?

rabbithoe
Jan 03 2020 at 00:04
9 posts
AniLorak posted:
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.

togr (togr)
Jan 03 2020 at 09:30
4862 posts
It might sound strange but testing strategies performance on demo is sometimes better than testing it on cent account.
I found many of my strategies perfroms well on good broker demo and almost the same on real account.
While testing on poor conditions produce bad results.

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