UweMoench
Členom od Jul 19, 2020
751 príspevkov
Nov 22 2020 at 12:47
It is the psychological aspects that makes the difference between demo and real account. In real account, your own money is invested. That's why you are emotionally involved. According to human psychology, people tend to take impulsive decision when they are emotionally attached to anything.
Michihito
Členom od Jul 19, 2020
298 príspevkov
Nov 25 2020 at 11:35
Emotional decision in trading leads us to havoc. Like after a loss people open revenge trade to recover the loss quickly even of it doesn't show any trade set up. We need to calm and cool while trading.
SofieAndreasen
Členom od Jul 23, 2020
759 príspevkov
Nov 25 2020 at 17:14
That’s right. Trader often fail to execute their perfect trading setup due to emotion. That’s why trading psychology is important in trading.
Laige
Členom od May 11, 2019
25 príspevkov
Dec 01 2020 at 07:56
At the demo you can definitely afford the emotions. This is true. And without consequences.
reggae
Členom od May 11, 2020
74 príspevkov
Dec 01 2020 at 11:26
Laige posted:
At the demo you can definitely afford the emotions. This is true. And without consequences.
Yes, because you obviously realized that the money are not real in demo account so you are not that scared about losing money as compared to live account
LyudmilLukanov
Členom od Jul 23, 2020
869 príspevkov
Dec 01 2020 at 13:55
Michihito posted:The best way to deal with emotion is investing small capital and try to master your emotion.
Emotional decision in trading leads us to havoc. Like after a loss people open revenge trade to recover the loss quickly even of it doesn't show any trade set up. We need to calm and cool while trading.
Wendover
Členom od Dec 11, 2019
14 príspevkov
Dec 11 2020 at 11:51
Demo is a great modern tool, which helps to understand trading and get used to correctly assess the situation.
And it is available always and everywhere.
And it is the best feature of modern trading.
And it is available always and everywhere.
And it is the best feature of modern trading.
Andromaris
Členom od Apr 18, 2019
29 príspevkov
Dec 24 2020 at 08:46
Demo or main account...
You should always stick to the format, as if your money is now key.
This helps to achieve discipline and self-motivation.
You should always stick to the format, as if your money is now key.
This helps to achieve discipline and self-motivation.
Michihito
Členom od Jul 19, 2020
298 príspevkov
Dec 24 2020 at 12:02
Greed and the restlessness of making money quickly do the havoc. From the beginning most people consider trading like gambling. They want to make huge money overnight. They do not follow any risk management policy.
Fabiandelph842
Členom od Nov 12, 2020
24 príspevkov
Jan 05 2021 at 06:49
Yes, I agree. Real accounts do hold some sentimental and monetary value as compared to the demo accounts that are just for practice and testing.
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