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Is demo trading enough before real account?

ComebackKing
May 23 2018 at 06:26
37 комментариев
Blowing up a demo account is a hell of a lot better than blowing up a real account.

29gk3l (29gk3l)
May 23 2018 at 06:34
8 комментариев
well.. don't go for demo to 100,000 USD account.. I mean in theory it's the same as long as you don't mess up on the volume, and your entries aren't 100% perfect on the entry and exit. but in the start at least for me I'd act differently on a demo account and real account, so try to make sure you trade the same way.. maybe go back and fourth check if you trade the same way.

Nasrul
nasrul_poyo
May 24 2018 at 06:08
124 комментариев
for me, is not enough. You need to be profit in DEMO first before you run on real. Then, start trading with REAL account with $100 as starting balance first. Why? because this is the next process how you control your emotion. Most traders when DEMO, they can make a good profit, but in REAL account they loss.

ComebackKing
May 24 2018 at 13:48
37 комментариев
nasrul_poyo posted:
for me, is not enough. You need to be profit in DEMO first before you run on real. Then, start trading with REAL account with $100 as starting balance first. Why? because this is the next process how you control your emotion. Most traders when DEMO, they can make a good profit, but in REAL account they loss.


100% spot on. If you fail in demo you will fail with real money. If you are successful in demo you will at least initially fail with real money. Demo is good for acquiring trading skill and honing that, but it's not possible to recreate the emotion you will experience when your actual capital is on the line. Dealing with that emotion is also a skill and that can only be developed when trading real money. But, if you are trading real money with no trading skills, you're going to experience a great deal of pain.

maria_taylor
May 25 2018 at 09:21
40 комментариев
ComebackKing posted:
Blowing up a demo account is a hell of a lot better than blowing up a real account.

Completely agree with you. Otherwise blowing your money in the real account will surely compel you to stop trading.

Mohammadi
Jun 13 2018 at 10:17
886 комментариев
practice in a long time in demo account can make us great discipline trader. so, it is more important to emphasis on trading in a demo but so many traders don't believe the importance of this trading place at all.

jchan
Jun 13 2018 at 13:37
15 комментариев
My suggestion is that, before opening a demo account; think about how it can help.
Mindset — treat it as a real account, make journal of your analysis, traits, decision, timeframe of trade, methodology/strategy used.
(Review the reuslt, Max Drawdown, Win Rate, R/R, and monthly volatility)
Expectation — I think demo account do not simulate actual account in 100%, including market price tier, and slippage.; make good research on your broker and if you can afford, use more than one broker as comparison or hedge purpose.
Demo account will not offer you benefit if you are not serious about it, blow it and start another one....? Don't waste your time.

Try a little game....if you lose money...give that amount to your husband/wife/child; if you win a good amount; congratulation to you, it gives you more assurance that you're on the right track...(don't ask your loved ones to pay you the amount though lol)

lucywarren
Jun 15 2018 at 10:07
9 комментариев
If you are confident enough that you have been trading well with consistent profits and an effective strategy then I guess it is enough. But take your time as demo trading can be very helpful in learning about the trading essentials.However if you are still a little apprehensive about live trading start with very small amounts. It will gradually increase your confidence as you start earning profits.

KnightsofKornor (KnightsofKornor)
Jun 18 2018 at 05:46
27 комментариев
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!


Go to real account to know the real emotion.

KnightsofKornor (KnightsofKornor)
Jun 18 2018 at 05:46
27 комментариев
nasrul_poyo posted:
for me, is not enough. You need to be profit in DEMO first before you run on real. Then, start trading with REAL account with $100 as starting balance first. Why? because this is the next process how you control your emotion. Most traders when DEMO, they can make a good profit, but in REAL account they loss.


Agrred!

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