DEMO ACCOUNT vs LIVE ACCOUNT
worldwide11, it all depends on the broker you are using. If it is a strict market maker broker instead of an ECN broker I would say that the performance of a demo account is better compared to a live account. ECN brokers is in my opinion do not differ that much between a demo account and a live account. Slippage can of course be somewhat more on a live account but on the whole an ECN broker is more reliable then a market maker broker when it comes to demo accounts vs live accounts.
" Lock in the profit and minimize the draw down "
kieran
(snapdragon1970)
Member Since Sep 12, 2015
1944 posts
Oct 24 2015 at 09:10
worldwide11 posted:essenn posted:
From my personal experience, A demo account is an accurate representation of a live account, If a Pro trader or A well designed EA run profitably on a Demo account then it's 99.99 percent certain these resulted can be replicated in a Live account.
Discuss.. 😁
I'm just starting on real account. After the Demo it is very huge difference.
I think have to learn more to be a professional but it needs years... ((
Get some professional training and you will save yourself a lot of money and time.
Be lucky.
"They mistook leverage with genius".
Ari Goldman
(arigoldman)
Member Since Oct 02, 2014
907 posts
Oct 29 2015 at 12:27
Be wise instead.
Positivity
worldwide11
Member Since Aug 27, 2015
8 posts
Nov 03 2015 at 10:52
snapdragon1970 posted:worldwide11 posted:essenn posted:
From my personal experience, A demo account is an accurate representation of a live account, If a Pro trader or A well designed EA run profitably on a Demo account then it's 99.99 percent certain these resulted can be replicated in a Live account.
Discuss.. 😁
I'm just starting on real account. After the Demo it is very huge difference.
I think have to learn more to be a professional but it needs years... ((
Get some professional training and you will save yourself a lot of money and time.
Be lucky.
I'm trying )) thanks.
worldwide11
Member Since Aug 27, 2015
8 posts
Nov 03 2015 at 10:53
kricka posted:
worldwide11, it all depends on the broker you are using. If it is a strict market maker broker instead of an ECN broker I would say that the performance of a demo account is better compared to a live account. ECN brokers is in my opinion do not differ that much between a demo account and a live account. Slippage can of course be somewhat more on a live account but on the whole an ECN broker is more reliable then a market maker broker when it comes to demo accounts vs live accounts.
Thank you for advise.
Samsu_samsul
Member Since Oct 27, 2015
10 posts
Nov 04 2015 at 08:26
Take your time when hanging around demo account. It's a huge difference when moving to live account cuz your trading psychology is being trained and tested.
kieran
(snapdragon1970)
Member Since Sep 12, 2015
1944 posts
Nov 05 2015 at 07:32
Samsu_samsul posted:
Take your time when hanging around demo account. It's a huge difference when moving to live account cuz your trading psychology is being trained and tested.
Very true,if you stick to one product until you know it well,makes it less confusing.
"They mistook leverage with genius".
Andika_anjani
Member Since Oct 29, 2015
10 posts
Nov 06 2015 at 09:26
snapdragon1970 posted:Samsu_samsul posted:
Take your time when hanging around demo account. It's a huge difference when moving to live account cuz your trading psychology is being trained and tested.
Very true,if you stick to one product until you know it well,makes it less confusing.
Indeed...
You got yourself less confusing when you're stick to one product on the market, especially if you're always keep yourself up to date to those news...
essenn posted:
From my personal experience, A demo account is an accurate representation of a live account, If a Pro trader or A well designed EA run profitably on a Demo account then it's 99.99 percent certain these resulted can be replicated in a Live account.
Discuss.. 😁
oh really?