DEMO ACCOUNT vs LIVE ACCOUNT

Mar 21, 2013 at 14:50
18,048 การดู
414 Replies
เป็นสมาชิกตั้งแต่ Dec 11, 2015   1487 โพสต์
May 27, 2017 at 08:22
Bohdan73 posted:
Professional4X posted:
I agree with you. If a person develops good skills, controlled emotional discipline, and a solid understanding of what really moves the markets, you can make a very good income from trading. But it takes a lot of work and education in order to make a good income from it.

This is the holy grail of trading what you explain. Everyone should strive for it 😄 I agree that it takes lot of work!

I agree. That is the only holy grail of trading, in my opinion - hard work. To study, to practice, to learn from one's mistakes. There are no shortcuts.
เป็นสมาชิกตั้งแต่ May 29, 2017   11 โพสต์
May 30, 2017 at 06:36
12 months demo and since 10 month with real
เป็นสมาชิกตั้งแต่ Dec 11, 2015   1487 โพสต์
May 31, 2017 at 12:01
manolo83 posted:
12 months demo and since 10 month with real

Are you satisfied with the results of either?
เป็นสมาชิกตั้งแต่ Jul 19, 2020   751 โพสต์
Jun 29, 2021 at 12:53
The purpose of demo is to be familiar with the trading mechanism. Another purpose of demo is to test your strategy. Stay on demo as long as you find a proven method. Define your entry, exit, risk, reward and risk management policy on demo. Once you are convinced you can go for live trading.
เป็นสมาชิกตั้งแต่ Jun 23, 2021   9 โพสต์
Jun 30, 2021 at 12:56
UweMoench posted:
The purpose of demo is to be familiar with the trading mechanism. Another purpose of demo is to test your strategy. Stay on demo as long as you find a proven method. Define your entry, exit, risk, reward and risk management policy on demo. Once you are convinced you can go for live trading.


I cannot add any more. This post IS the answer to the thread
เป็นสมาชิกตั้งแต่ Jun 12, 2021   132 โพสต์
Jul 01, 2021 at 13:23
the main different between demo and live is all about psychology , nothing without it , in reality there is no technical different between two.
เป็นสมาชิกตั้งแต่ Jul 23, 2020   869 โพสต์
Jul 06, 2021 at 13:25
Both accounts are essential for learning.
เป็นสมาชิกตั้งแต่ Jul 04, 2021   5 โพสต์
Jul 06, 2021 at 18:09
I would suggest starting out with a demo account for at least a year before attempting to trade on a live account. You should minimalize your risks.
เป็นสมาชิกตั้งแต่ Mar 28, 2021   617 โพสต์
Dec 22, 2021 at 05:49
LyudmilLukanov posted:
Both accounts are essential for learning.
Basically they both are same the difference is that the live account has real money involved, although you have traded in the Demo accounts , their is this psychological factor comes into play which might hinder your decisions.
เป็นสมาชิกตั้งแต่ Aug 05, 2021   401 โพสต์
Dec 26, 2022 at 15:36
It's almost identical. Only thing is that there is a difference from a psychological standpoint.
เป็นสมาชิกตั้งแต่ Aug 10, 2021   18 โพสต์
Dec 27, 2022 at 17:51
I think beginners will be surprised to learn how many experienced traders use demo accounts to test strategies.
เป็นสมาชิกตั้งแต่ Aug 27, 2017   121 โพสต์
Feb 03, 2023 at 03:23
For me, demo is good to be familiar with how the trading platform works. However, if you want the real trading experience, you need some money on the line. It doesn't have to be big, you just need to have the same feelings or emotions when trading a bigger account. With demo, you tend to be reckless with your trades because you have nothing to lose and that might lead to a bad habit.
Trading is a marathon, not a sprint.
เป็นสมาชิกตั้งแต่ May 31, 2021   56 โพสต์
Feb 03, 2023 at 08:16
The goal of the demo is to become acquainted with the trading mechanism. Another goal of the demo is to put your strategy to the test. Continue to demo until you find a proven method.

On demo, define your entry, exit, risk, reward, and risk management policies. You can begin live trading once you are convinced.
เป็นสมาชิกตั้งแต่ Mar 05, 2019   11 โพสต์
Feb 06, 2023 at 14:39
It is very important but you can learn so much on a demo so that when you go live you have 95% of the skills you need
เป็นสมาชิกตั้งแต่ Mar 16, 2023   7 โพสต์
Apr 14, 2023 at 05:28
I'm still learning how to trade on a demo account, but I'm worried about not being ready for a real account yet.
I am afraid that I will lose real money quickly.
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