Demo Forex VS Real Forex | Page 5 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Alpari demo account, is it in real real time? 26 replies

difference in real prices on Demo and real micro account 10 replies

How to open demo account with Alpari-demo? 3 replies

Any MIG users? Different candle close times between MIG demo and MT4 demo? 9 replies

IBFX changed their demo policy, where can I get an unlimited demo? 9 replies

Attachments: Demo Forex VS Real Forex
Exit Attachments

Demo Forex VS Real Forex

  • #81
  • May 15, 2018 5:00am May 15, 2018 5:00am
Quoting bradley79
{quote} Actually, Dwain is correct. There, in FACT, are brokers (mostly the ones that profit from commisions - DMA/STP ones) that will provide you with a demo account with the same trading conditions as they are in their live account. The only difference is that there is no slippage with the demo.
So you have totally contradicted your own argument. If there is no slippage in a demo account then it's not the same trading conditions as a live account is it?

How can the be the same if one gives you slippage and the other one doesn't? Slippage can take you from a profitable account in a demo to a losing account in live.

Don't believe me? Try it.

I don't mind people disagreeing with me, but when your argument ends up confirming what I have already said it gets a little bit boring.
  • #82
  • May 15, 2018 5:40am May 15, 2018 5:40am
Quoting londonboy
{quote} So you have totally contradicted your own argument. If there is no slippage in a demo account then it's not the same trading conditions as a live account is it? How can the be the same if one gives you slippage and the other one doesn't? Slippage can take you from a profitable account in a demo to a losing account in live. Don't believe me? Try it. I don't mind people disagreeing with me, but when your argument ends up confirming what I have already said it gets a little bit boring.
If you take a look back you'll see that Dwain's initial statement is about Rollover/swaps/spreads. He did not mention slippage, thus he is correct.
How is my agreement with him a contradiction to my own statement?
I do agree that slippage has a role and will make a difference, but IMHO if the slippage is what will determine your being profitable or not you shouldn`t be trading in the first place.
  • #83
  • May 15, 2018 5:52am May 15, 2018 5:52am
Quoting londonboy
{quote} You are talking nonsense. name one broker where this happens? ( I will give you 125 that aren't) Demo trading and live trading are different. FACT. Some brokers will tell you they are the same, but they are not.
Ok, probably you are right Actually, I tested JFD Brokers on the last few months. I made hundreds of orders and calculations on demo and live. So, just for your info: the spreads, commissions and swaps are totally the same on demo and live Good luck.
  • #84
  • May 15, 2018 5:58am May 15, 2018 5:58am
Quoting bradley79
{quote} If you take a look back you'll see that Dwain's initial statement is about Rollover/swaps/spreads. He did not mention slippage, thus he is correct. How is my agreement with him a contradiction to my own statement? I do agree that slippage has a role and will make a difference, but IMHO if the slippage is what will determine your being profitable or not you shouldn`t be trading in the first place.
Wrong ! Dwain is wrong and you are wrong.
You are wrong because we are talking about whether a demo account and a live account are the same. They are NOT. slippage, execution and liquidity are three that completely change the dynamic from a demo account to a live account.

You say you agree with slippage - therefore how can a demo be the same as a live account? It can't end of.

Dwaine was banging on about the trading conditions yet failed to understand that slippage is a fundamental condition in trading.

As for your comment about slippage determining profitability, please go and re-read what I actually said rather than reading what you want it to say.
  • #85
  • May 15, 2018 6:02am May 15, 2018 6:02am
Quoting DwainUK
{quote} Ok, probably you are right Actually, I tested JFD Brokers on the last few months. I made hundreds of orders and calculations on demo and live. So, just for your info: the spreads, commissions and swaps are totally the same on demo and live Good luck.
AND WHAT ABOUT SLIPPAGE DWAIN??????

Are you going to tell me they were the same too??

Looks like your knowledge is as good as your trading looking at your trade explorer.
Maybe all your losses have come from slippage.

Let me guess your "system" worked in demo but not in live!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot at May 15 12-00-59.png Size: 119 KB
  • #86
  • May 15, 2018 7:01am May 15, 2018 7:01am
Quoting nikko
Hi all, I'm new to Forex, and I've opened a demo account to GCI. I like their platform, and I've started with 50 000 USD virtual money. After 2 days, I went down to 30 000 USD and was about to stop everything. I've decided to change my methodology, and I rised the account to 78 000 in 2 days. But again I made a bad choice and this time I went down to 18 000 After that I've done a serious brainstorming and I've found a method that works for me... in one week my account has : 1 800 000 USD!!! Wow. The question I have is : does these demo can be compared...
You have to spend long-long sessions to learn Forex! Learning is a long term process; don’t judge your trading skill to early.
  • #87
  • May 15, 2018 8:31am May 15, 2018 8:31am
True, learning to trade well consistently takes a long time, often years and years. It's like getting another college degree.
  • #88
  • May 16, 2018 6:05am May 16, 2018 6:05am
@londonboy, accept my apologize for the discrepancy caused. I talked about the spreads, commissions and swaps only. Have a good day
  • #89
  • May 16, 2018 6:52am May 16, 2018 6:52am
Quoting mlawson71
True, learning to trade well consistently takes a long time, often years and years. It's like getting another college degree.
Absolutely, I have more than 5 years trading but till now I feel, I have to learn more and more! It’s an endless process.
  • #90
  • May 16, 2018 6:59am May 16, 2018 6:59am
Quoting DwainUK
@londonboy, accept my apologize for the discrepancy caused. I talked about the spreads, commissions and swaps only. Have a good day
It's ok Dwain, no apology needed. It's just important for those wanting to learn that the information given is correct.
You are correct in terms of spreads, comms, and swaps.

Spreads will be the same for demo and live as its the same data feed
Commissions and swaps are the same for demo and live as its whatever the broker sets it up as.
  • #91
  • May 16, 2018 9:06am May 16, 2018 9:06am
Quoting DarrenLehma
{quote} Absolutely, I have more than 5 years trading but till now I feel, I have to learn more and more! It’s an endless process.
A trader (all people in general, actually) should learn something new every day. It's how we grow not just as traders but as people too.
  • #92
  • May 17, 2018 3:42pm May 17, 2018 3:42pm
demo experience sometimes doesn't work in really account, its really true. but that not mean , it is useless. beginners level of course minimum have to spend 3-5 months in here to ensure live trading experience.
  • #93
  • May 18, 2018 9:47pm May 18, 2018 9:47pm
A demo account is great for learning how the trading platform works, placing trades etc. A strategy on a demo account may work fine but will crash and burn on a real money account.
  • #94
  • May 19, 2018 5:17am May 19, 2018 5:17am
Quoting Butterscotch
A demo account is great for learning how the trading platform works, placing trades etc. A strategy on a demo account may work fine but will crash and burn on a real money account.
Completely agree Mate with you. There is no real chance to avoid the importance of demo, because it’s a great source of learning and you can practice your trading strategies in here but how much it will be benefited in a real account, it’s difficult to answer.
  • #95
  • May 19, 2018 6:35am May 19, 2018 6:35am
Quoting mlawson71
{quote} A trader (all people in general, actually) should learn something new every day. It's how we grow not just as traders but as people too.
Yes, that’s the procedure! There is no ending point of learning;
  • #96
  • May 26, 2018 5:22am May 26, 2018 5:22am
Quoting DarrenLehma
{quote} Yes, that’s the procedure! There is no ending point of learning;
Learning is a continuous process in Forex trading even real professional or successful trader can’t stop learning in here, for that reason most of the traders above all the beginner’s level lost motivation after passing sometimes due to lack of real patience.
  • #97
  • May 27, 2018 7:17am May 27, 2018 7:17am
what actually different between successful and professional trader ?
  • #98
  • May 27, 2018 12:00pm May 27, 2018 12:00pm
When you trade in demo you know that you are not losing your money. You remain indifferent. But when you trade in real account, you become conscious. You now know profit and loss depends on your decision. Fear, greed, and joy starts working. Demo teachs us how our mind should be while trading in real account.
  • #99
  • May 27, 2018 1:44pm May 27, 2018 1:44pm
Quoting JonathanHob
When you trade in demo you know that you are not losing your money. You remain indifferent. But when you trade in real account, you become conscious. You now know profit and loss depends on your decision. Fear, greed, and joy starts working. Demo teachs us how our mind should be while trading in real account.
Yes, I agree with you! But I think, trading with a small (below than 100$) demo amount is useful than using heavy virtual capital.
  • #100
  • May 28, 2018 5:29am May 28, 2018 5:29am
Quoting ZikriIrfan
{quote} Yes, I agree with you! But I think, trading with a small (below than 100$) demo amount is useful than using heavy virtual capital.
Trading with small balance and small lot can be benefited for the beginner’s level but practically there is no real money in demo and no emotions, for that reason beginners trade at random in here with large amount, ultimately without time passing they get nothing, at the end of the day, they blame the demo trading place, it’s a reality.
0 traders viewing now