Aby korzystać z czatu, zaloguj się.
Powrót do kontaktów

Is demo trading enough before real account?

idimitrov
Apr 16 2016 at 18:36
421 postów
I don't know why you want to stop demo account in the first place.
You should always try your new strategies there.

dianajs
Apr 18 2016 at 13:23
823 postów
idimitrov posted:
I don't know why you want to stop demo account in the first place.
You should always try your new strategies there.


I think that should be all but mandatory in any serious trader's book. It's not a good idea to test a new strategy directly with real money, but I am also not sure that anyone who has a passing understanding of Forex does it. It's just not worth the risk. Test the new strategy on demo, if it's successful test it on a live account with a smaller lot if and when possible, then move onto your regular trading.

lluna10 (lluna10)
Apr 19 2016 at 06:24
3 postów
I tried demo first before i started trading. For about 6 to 7 month of demo and 3months of education. For me it really helped a lot with emotion because i treated it like a real account if i lost money i felt i am losing money realistically. When i felt profitable and comfortable enough to trade live i started one. Come check me out. Study Fib ratios, Elliot Wave principle minor in W.D Gann :) Along with some other indicators. Oh and I also still demo trade to win big with paper money. Give me motivation of whats to come in the near future :)

money = time and time = money "if you dont have time you wont money, but if you make time you will make money"
mlawson71
Apr 19 2016 at 09:03
1487 postów
I don't think I could ever treat demo exactly the way I treat the live account. Subconsciously I'd always know that I am not risking any money, so even if I were the trade in the exact same way (which I do) that added stress just wouldn't be there.

Clert (Clert)
Apr 20 2016 at 06:33
20 postów
Defining your strategy under 'ideal' conditions and then switch into usual conditions following with amandments to your strategy - that is what I believe to trade demo and then Real

mlawson71
Apr 22 2016 at 09:28
1487 postów
Clert posted:
Defining your strategy under 'ideal' conditions and then switch into usual conditions following with amandments to your strategy - that is what I believe to trade demo and then Real


I don't know whether I'd call a demo acount 'ideal' conditions - the market is the same when you trade on a demo account.

Clert (Clert)
Apr 26 2016 at 06:16
20 postów
mlawson71 posted:
Clert posted:
Defining your strategy under 'ideal' conditions and then switch into usual conditions following with amandments to your strategy - that is what I believe to trade demo and then Real


I don't know whether I'd call a demo acount 'ideal' conditions - the market is the same when you trade on a demo account.


Here in first of all I meant execution speed under 'ideal' conditions. Though quotes are the same, small delays in execution can show you tough times :D But it is just top of an iceberg. Real fun begins when you take psychology chalenges of live trading.

mlawson71
Apr 26 2016 at 09:45
1487 postów
Clert posted:
mlawson71 posted:
Clert posted:
Defining your strategy under 'ideal' conditions and then switch into usual conditions following with amandments to your strategy - that is what I believe to trade demo and then Real


I don't know whether I'd call a demo acount 'ideal' conditions - the market is the same when you trade on a demo account.


Here in first of all I meant execution speed under 'ideal' conditions. Though quotes are the same, small delays in execution can show you tough times :D But it is just top of an iceberg. Real fun begins when you take psychology chalenges of live trading.


Ah, in that case I agree. And then there's the part with the requotes, which some brokers seem very fond of.

olivia_jones
Oct 06 2016 at 07:24
24 postów
Demo trading is enough if you have learnt about the trading platforms, developed your trading skills, have knowledge of how to trade, how to use technical indicators, candle stick trading, fundamental analysis. Trading in real money is different from demo trading. Emotions are different and loss will be real. If you think you are confident, can control your emotions, and prepared for the loss also, then surely you can go for a live account. But start with a low amount so that once you develop your own trading strategy and getting returns then you can go for a higher amount.

togr (togr)
Oct 06 2016 at 13:49
4862 postów
lucie_fxtrader posted:
Hi all,

As a new trader I am trying to develop strategies in demo accounts before registering for real accounts. Is this enough though for me to be ready to enter the real markets?

Thank you!


Its easy, does your demo trading provide great results?

Zaloguj się aby skomentować .