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DEMO ACCOUNT vs LIVE ACCOUNT

terrate
Dec 16 2016 at 08:57
8 комментариев
demo and real are different. You must have real trading (maybe small amount) to practise fx. demo just let you know the function of platform and some system you want to test.

NEEnah (NEEnah)
Dec 16 2016 at 09:18
71 комментариев
Sotarbin posted:
'Demo or Live' sounded to me as fully newbie like 'dead or alive' 😄


Actually it is demo vs live 😉 I think some people still believe that the demo profits achieved can be easily replicated on live. Maybe part of the meaning behind this thread is to show whether this is correct or not 😄

Bohdan73 (Bohdan73)
Dec 18 2016 at 08:01
51 комментариев
snapdragon1970 posted:
Bohdan73 posted:
Thanks for clarification! That is a long list of changes! 😄 Let's see if all will happen as planned by the regulators. Sounds good to me in general!

There's more to come , meetings between brokers and regulators will be taking place over the next couple of months.


Will follow the news on that and maybe you will keep posting useful links 😄

irwanwd
Dec 19 2016 at 07:22
11 комментариев
In my experiences, it depends how many pips you try to get. I was on demo, and I targeted only 10-20 pips per day (mostly one trade per day) and that target was achieved succesfully. 2 months later, I replicated that strategy and it has been around two months till now and still I get the same outcomes with what I got on demo. I realize that forex trading is very personal, and better trying by yourself. I've been two years in this business, and this is more about how to control your emotion than your technical knowledge.

I'm trading with Ctrader if this is matter

sorry for my bad english

Bohdan73 (Bohdan73)
Dec 19 2016 at 12:41
51 комментариев
@irwanwd Thank you for this detailed explanation. Number of pips you make is important but also the actual value of the pips and the loss/profit related. Platform matters in case you use special features unique for it.

MC85
Dec 19 2016 at 15:04
48 комментариев
Demo is the best environment to test all you concepts and to actually see how leverage, pips, spreads and swaps affect your trades.

leopoldo (leopoldo)
Dec 25 2016 at 07:49
41 комментариев
MC85 posted:
Demo is the best environment to test all you concepts and to actually see how leverage, pips, spreads and swaps affect your trades.


Yeah, good point, makes perfect sense to me! 😄

FxMasterGuru (FxMasterGuru)
Dec 28 2016 at 07:47
1607 комментариев


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snapdragon1970 (snapdragon1970)
Dec 28 2016 at 13:05
1944 комментариев
FxMasterGuru posted:


No surprises there , stay away from such.

DRFXTRADING (DRFXTRADING)
Dec 29 2016 at 11:33
169 комментариев
Interesting thread,

I think Demo Trading is fundamental to Live Trading success. Just like other areas of life, if you dont prepare adequately in the simulated environment ....












...you will not be successful.


This is why Demo Accounts were created. Because of how difficult this market is, achieving Profitability with fake money is the only guarantee you will do so with Real Money. Otherwise, Disaster awaits.


The consequence will be that instead of your Live Account giving you profitable results by being dependent on a Successful Strategy rather than Emotions or Luck,








it will produce losses after losses by being dependent on a Emotions & Luck..







A 200 Pip Move on the EURO USD is the same on a Demo as it is on a Live. If you have a successful strategy that captures this on a Demo, you will be able to do that on a Live.


Duane
DRFXSWINGTRADING





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