It is the psychological aspects

Nov 22, 2020 at 12:47
566 Visa
9 Replies
Medlem sedan Jul 19, 2020   751 inlägg
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.
Medlem sedan Jul 19, 2020   298 inlägg
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.
Medlem sedan Jul 23, 2020   759 inlägg
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.
Medlem sedan May 11, 2019   25 inlägg
Dec 01, 2020 at 07:56
At the demo you can definitely afford the emotions. This is true. And without consequences.
Medlem sedan May 11, 2020   74 inlägg
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
Medlem sedan Jul 23, 2020   869 inlägg
Dec 01, 2020 at 13:55
Michihito posted:
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.
The best way to deal with emotion is investing small capital and try to master your emotion.
Medlem sedan Dec 11, 2019   14 inlägg
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.
Medlem sedan Apr 18, 2019   30 inlägg
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.
Medlem sedan Jul 19, 2020   298 inlägg
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.
Medlem sedan Jul 27, 2020   102 inlägg
Jan 05, 2021 at 08:25
Fabiandelph842 posted:
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.
Exactly. Real accounts hold your actual money so you are easily scared when you are making losses as compared to demo account which you had your mindset thinking that your money is not an actual.
Logga in / Registrera dig to comment
You must be connected to Myfxbook in order to leave a comment
*Kommersiell användning och skräppost tolereras inte och kan leda till att kontot avslutas.
Tips: Om du lägger upp en bild/youtube-adress bäddas den automatiskt in i ditt inlägg!
Tips: Skriv @-tecknet för att automatiskt komplettera ett användarnamn som deltar i den här diskussionen.