I started my demo acct a week ago and i have been doing really good so far. I was just wondering if most traders tend to have success or failures with their demo accounts at first.
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Quoting DeCairoDislikedI started my demo acct a week ago and i have been doing really good so far. I was just wondering if most traders tend to have success or failures with their demo accounts at first.Ignored
Quoting moneybagsDislikedI would have to say that a lot of people are successful trading their demo accounts but then fail once they go live. Because once you start trading with real money your emotions come into play. It happened to me and I know many other people as well. It's a little easier to trade with fake money.
My suggestion would be to start with a micro mini account as soon as you can. Because even though each pip is only $0.10, your emotions will start coming out when losing or winning. If you can afford to put aside a few hundred dollars to trade with a micro mini account I think that's the best way to start off after you're a little comfortable with trading.Ignored
Quoting turbokaosDislikedI think demos are nothing more than a waste of time jump on to a micro-mini work out your system and grow from there. Then you will get a better idea of really how well you are doing.
turboIgnored