Oct 21 2020 at 12:37
Michihito posted:
@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.
If you don't have the correct mindset for your own trading style then it doesn't matter if you trade on demo or real. If you change your mindset on a real account you should work on your original mindset then.
patience is the key
Oct 21 2020 at 13:47
It is always better to have a clear position and already correct it based on the trading situation.
Oct 21 2020 at 14:26
marco_mmbiz posted:Michihito posted:
@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.
If you don't have the correct mindset for your own trading style then it doesn't matter if you trade on demo or real. If you change your mindset on a real account you should work on your original mindset then.
I totally agree! And there are many people trading with real accounts who still use demo accounts to test their methods.
Oct 22 2020 at 02:36
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.
a demo is a perfect place where we can see how the strategies work , You do not have to worry about losing your money when you are demo trading
Oct 22 2020 at 06:12
I would say that a demo account is the final stage of your training and preparation before real trading.
Oct 22 2020 at 07:04
Cruz45 posted:
It seems to be easy because the trader is under no pressure or stress to loose his money.
Risk is least.
Absolutely. The real struggle begins when our own funds are involved and emotions intervene.
Oct 22 2020 at 07:43
Because demo trading has no consequences.
Oct 26 2020 at 05:16
It is easy to use a demo because it is not the real thing and does not involve any money or actual risk. It is for practice and for traders to learn how trading works in real.
Oct 27 2020 at 09:54
Because demo trading has no output you are not trading on real money
Oct 27 2020 at 10:34
As you don’t have to worry about losing money, trading with a demo account seems simple.
Oct 27 2020 at 12:54
That's why I say Im trading with real money to trick my self, so I can overcome fear and greed.
Be more financially free then yesterday.
Oct 28 2020 at 03:34
asidefellow posted:uyes but one needs to go on live too cant sit on demo and make money
As you don’t have to worry about losing money, trading with a demo account seems simple.
Oct 28 2020 at 05:49
mister_trader623 posted:Does that trick really work? 😱
That's why I say Im trading with real money to trick my self, so I can overcome fear and greed.
Oct 29 2020 at 03:26
richardmarcus posted:true that one must move to live by next week i will also go liveasidefellow posted:uyes but one needs to go on live too cant sit on demo and make money
As you don’t have to worry about losing money, trading with a demo account seems simple.
Oct 29 2020 at 08:11
ok
Be more financially free then yesterday.
Oct 29 2020 at 13:18
It is just that the trader does not lose real money on demo, so it is easier and safer for him to trade.
Oct 30 2020 at 03:38
Maximilian344 posted:thats no point when you wont be able to make real money in demo scenarios
It is just that the trader does not lose real money on demo, so it is easier and safer for him to trade.
Oct 30 2020 at 09:49
Because it has no risks. You can make any decision without any hesitation. It needs no capital to start. It is a learning method.
Oct 30 2020 at 10:58
Demo trading is not easy. It is jsut thqt the people that chose to do demo have the wide at it is easy then again there are some brokers that ke the demo traigdign work you way so that you can create an account and they can get some money out of you.The broker therefore matters a lot.
Oct 30 2020 at 12:27
Demo is easy because most people that do demo account usually don't have the fear on them as they do when they are training for real. The know that if the lose the demo money then they have not lost anything at all. They are therefore able to make the best decision which makes them think that demo is easy.
