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Why demo is easy?
Membro Desde Aug 05, 2021
394 posts
Nov 16, 2021 at 14:58
It's true that there are differences and a demo account can't prepare you for the psychological aspects of trading on a live account. However, demo accounts still have a lot to teach us and they're the best hands on tool for traders. I also think we can all avoid some early losses by practicing on one. The best way to avoid being affected by the changes is to do research on psychological trading problems (like analysis paralysis, ego issues, etc.) so that you have knowledge of them and to trade with good risk management precautions, as that can take away some of the anxiety.
Membro Desde Oct 27, 2020
16 posts
Nov 19, 2021 at 06:53
Trading via a demo account is easier as compared to live trading. The main reasons are that the demo is a virtual trading account and there are no potential risks of losing your real money.
Membro Desde Nov 20, 2021
19 posts
Nov 20, 2021 at 08:06
Exactly but it teaches a lot about the real market. Though real money not involved but demo helps in better chart analysis, and habit of apply stop loss.
Membro Desde Mar 17, 2021
494 posts
Nov 21, 2021 at 18:27
Davidfx89 posted:
demo is not easy because it is really difficult to keep patience when trading in a demo account , because there is no real money ion there.
I agree with you.
Nov 21, 2021 at 23:08
First impression trading in the demo is easy because no emotion pre4ssure when trading use demo account, also initial capital on demo account usually very big more than $5000, and we know if amount capital also impacted to the strength of account, ideally use bigger capital and low capital when using same position size will strongest use bigger capital to withstand price movement
Membro Desde Jan 22, 2021
126 posts
Nov 22, 2021 at 11:17
Demo is easy because you are not connected with the live market but getting same quotes as real traders are getting. There is no real monetary pressure because of which you're trading stress free.
Nov 26, 2021 at 03:59
It depends on you how you are thinking about trading. Try to consider a demo account as live trading and make a journal with your own strategies, thoughts and live trades. It would be good for you if you made a journal about your trading with the demo. You can utilize these experiences when you start trading with a real account, and your mistakes will be small.
Membro Desde May 27, 2021
63 posts
Nov 26, 2021 at 05:22
Demo account provides a risk free environment where traders are not afraid to take chances. Even if you lose in demo account, you will not have to face the feeling of losing actual money. When you lose real money, that can hit you quite strongly, as you will realize that this is not a game. Your actual money that you worked for and earned is gone.
Demo accounts won't prepare you for loses. Only live account can prepare you for that.
Demo accounts won't prepare you for loses. Only live account can prepare you for that.
Membro Desde Jan 22, 2021
126 posts
Nov 26, 2021 at 08:03
Tiffany07 posted:
With demo, you just know that the monetary aspect when trading is not real, so you are not mentally affected when you made some losses, that's why it is easier to trade in demo.
Yea, you are just not scared of losing money while trading in demo, so that can be one of the reason why demo trading is too easy, as compared to live trading.
Nov 28, 2021 at 21:58
Demo account easy because in demo trader not felt any emotion pressure and usually start with huge capital to learn to trade, besides about psychology, also about trading server, trading server in demo almost work properly without any delay, but in real trading account sometimes occurs slippage etc
Membro Desde Aug 29, 2021
8 posts
Nov 29, 2021 at 06:51
ele020 posted:
There are numerous factors which make demo trading easy;
1. Risk free: You can freely trade on the demo account without fearing to loose your deposit.
2. Learning platform: You can learn how to trade on the demo account as it is generally the replica of the live trading platform. Thus you get a better idea of what is going on in the market as it is clearly discounted on the demo charts as well.
3. Building and testing strategies: The demo set up works as a testing platform for your ea's, robots, strategies etc.
In short demo trading is easier when you are trading with a genuine broker (like Fxview, HYCM, Hotforex etc) who do not manupulate the prices and fetch similar price feeds and spreads on both demo and live accounts.
Thanks for the answer. Found my answers.
Nov 29, 2021 at 07:30
FXOday posted:
Demo account easy because in demo trader not felt any emotion pressure and usually start with huge capital to learn to trade, besides about psychology, also about trading server, trading server in demo almost work properly without any delay, but in real trading account sometimes occurs slippage etc
Of course, demo trading is a much easier process. Emotions don't usually work here. That's why I go to constant profit. So demo trading is much easier.
Membro Desde Nov 23, 2021
34 posts
Nov 30, 2021 at 06:56
Demo trading seems easy because we trade with virtual money and do not trade with proper risk management. In live trading, emotions also play a critical role in our trading decisions. Traders neglect both of these in live trading.
Nov 30, 2021 at 08:15
LucianVince posted:
Demo trading seems easy because we trade with virtual money and do not trade with proper risk management. In live trading, emotions also play a critical role in our trading decisions. Traders neglect both of these in live trading.
Agreed, but traders have to understand that demo trading is essential for learning and improving your knowledge and get better in time.
Membro Desde Jul 23, 2020
696 posts
Dec 08, 2021 at 18:26
The demo account provides a risk-free environment where traders are not afraid to take chances.
Membro Desde Jul 23, 2020
816 posts
Dec 10, 2021 at 21:01
Demo accounts won't prepare you for losses.
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