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Voss_y
Sep 25 2020 at 08:24
17 příspěvků
TraderAngolan posted:
Dorigda posted:
I agree with you that without a development and a good strategy, no result will be obtained on a real account, no matter how well everything turns out on a demo account.

That is the point, develope a strategy from demo and take it to live, it works perfectly.


Dont forget about emotional side. demo acc is not your own money. but the live one is. so emotionals must be controld.

lovefortrading (perryjohn765)
Sep 25 2020 at 09:35
238 příspěvků
It’s not about easy or hard, you are feeling easy just because your real money is not on the line. The moment your real money is into the market, you are under emotions and loose trades. Demo is easy in that way if you are learning trading in your early years. It is easy because you get to have real market experience with no real money on the line.

SofieAndreasen
Oct 03 2020 at 17:48
734 příspěvků
perryjohn765 posted:
It’s not about easy or hard, you are feeling easy just because your real money is not on the line. The moment your real money is into the market, you are under emotions and loose trades. Demo is easy in that way if you are learning trading in your early years. It is easy because you get to have real market experience with no real money on the line.

You are right. Demo account will not teach you how to control emotion in trading. I recommend after demo account, invest small to learn about trading emotion.

ProfitsOnly
forex_trader_[1786937]
Oct 04 2020 at 08:04
142 příspěvků
SofieAndreasen posted:
perryjohn765 posted:
It’s not about easy or hard, you are feeling easy just because your real money is not on the line. The moment your real money is into the market, you are under emotions and loose trades. Demo is easy in that way if you are learning trading in your early years. It is easy because you get to have real market experience with no real money on the line.

You are right. Demo account will not teach you how to control emotion in trading. I recommend after demo account, invest small to learn about trading emotion.


Demo is never easy, if you are perfect in demo trading and can comfortably make profits, as long you are discipline, You will make it too in live.
I traded demo for complete 1 year consistently back in 2007 till 2008 when I got my first funding of over €200k, things changes from there and became proffesional trader having traded for various bank and private funds company.
Today I still trade on demo , but only when a client wants me to manage his/her live accounts on a broker I'm not familiar with, I simple open demo with that broker and run it copying from my live accounts to see how the broker speed performs.

Amber_0302
Oct 05 2020 at 06:35
54 příspěvků
The only difference between demo and live account is of real money and when one start trading with real money then of course a fear set in and which can make you take few bad decisions and eventually impact your trading and in demo account if you're losing even you would not worry about anything.

ProfitsOnly
forex_trader_[1786937]
Oct 05 2020 at 06:54
142 příspěvků
Amber_0302 posted:
The only difference between demo and live account is of real money and when one start trading with real money then of course a fear set in and which can make you take few bad decisions and eventually impact your trading and in demo account if you're losing even you would not worry about anything.


Train and kill your fears all in demo, and you will be totally fine doing live, my secret decade plus agom

GeorgeBischof
Oct 05 2020 at 11:11
318 příspěvků
Demo account is very beneficial for the new traders. It will help them to learn forex perfectly and properly.

Gracewilson1995
Oct 05 2020 at 12:38
147 příspěvků
UweMoench posted:
You do not have to worry about losing your money when you are demo trading. your demo account does not demonstrate to you industry standards to manage the sentiment fear. That's why you remain emotions while in demo. But when you come to live trading from demo trading, you brings emotions (the fear of losing and greed more more profit) with you. That's why the result between demo and real account is not the same.


I agree with you, the results in demo and live accounts are never same. The demo accounts are only helpful if take the virtual funds as serious as we take our funds and place the trades accordingly.

DoraWalletInvest
Oct 05 2020 at 13:04
123 příspěvků
Apart from not being able to experience the emotional side of trading, I do think demo trading is a very useful step in successfully putting your knowledge to action.

Mohammadi
Oct 06 2020 at 07:25
886 příspěvků
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. 

Elena Triston (ele020)
Oct 06 2020 at 10:45
219 příspěvků
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.

The more your practice, the more you learn.
GeorgeBischof
Oct 06 2020 at 11:58
318 příspěvků
Demo is easy because it has no risks and it can be operated without any investment.

Roberto21
Oct 07 2020 at 07:38
364 příspěvků
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.

Brussels88
Oct 07 2020 at 10:46
28 příspěvků
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.

DoraWalletInvest
Oct 09 2020 at 18:39
123 příspěvků
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?

Robert (Robert647373)
Oct 20 2020 at 12:53
95 příspěvků
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.

Gracewilson1995
Oct 21 2020 at 07:53
147 příspěvků
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.

Roland (Roland5463)
Oct 21 2020 at 08:03
17 příspěvků
Because on the demo you do not risk your money.

marco_mmbiz
Oct 21 2020 at 09:36
366 příspěvků
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.

Michihito
Oct 21 2020 at 10:20
298 příspěvků
@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.

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