Cheers,
k
{quote} Nope, you won't. Been there, done that. No Psychology at all in demo trading. Never feel the loss of real money, never feel the thrill of profit. Will never learn how to handle real fear and greed.
I’m not sure about you or other people, but I can speak for myself.
There’s emotion and “psychology” involved even on demo. I’m not doing this and performing for nothing just so you know. I was very recently on a different social media website looking for someone who I could pitch my idea to so they’d fund me some seed money so I can start trading live, and I have shared links to myfxbook from those accounts, and even the MT4 investor password with several people already. So my reputation is on the line. Just know that I go through fear as well, and all those emotions involved with trading. Fear of loss, fear of failure, fear of rejection, fear of scarcity and so on. It’s demo, but I’m doing my best to perform well as best as I can be.
Creating this Journal, only increases that. I know many people are watching. Despite all of that, I enjoy it though. I love forex
- #27
- Feb 15, 2019 10:19am Feb 15, 2019 10:19am
- | Commercial User | Joined Aug 2014 | 3,922 Posts
{quote} I’m not sure about you or other people, but I can speak for myself. There’s emotion and “psychology” involved even on demo. I’m not doing this and performing for nothing just so you know. I was very recently on a different social media website looking for someone who I could pitch my idea to so they’d fund me some seed money so I can start trading live, and I have shared links to myfxbook from those accounts, and even the MT4 investor password with several people already. So my reputation is on the line. Just know that I go through fear...
but
the cold hard truth is:
no one serious will invest into a demo account track record.
what ppl dont like to hear, i know, but it is a fact.
also, looking at your profile, your location is Canada.
do you have 5-10 friends?
do you have some savings?
dont tell me you cant pitch first them and family to put together 10k?
once that is done, you can build that live track record or 6-12 months, where you can pitch it to investors.
( of course they will like your return, but wont like the 45% dd...but i will teach you those nuances later when you come up with the live account).
{quote} Thanks for the tip. I’ll look them up. Would they look to a demo account though? Many people disregard solely because it’s demo.
bcos you pay for them to prove yourself on a demo account
TST has a solid business plan.
than let you trade 300k buying power....effectively 3 lot max....something that you could trade on 6k account with your 50:1 leverage anyway...all that for a small monthly fee of 165$.
of course, 2 hoops to jump before even get to the chance to trade some money ( just how much is shown above!)...while you are still paying that monthly fee of 165$ for demo trading there....take to hit initiative few tries, no problem, remember you are paying for your own time
man, when you are serious, i can help you some with this, but i feel you are not serious yet.
there is always, always another trade!!
- #29
- Feb 15, 2019 10:52am Feb 15, 2019 10:52am
- | Commercial User | Joined Aug 2014 | 3,922 Posts
there is always, always another trade!!
- #31
- Feb 15, 2019 11:05am Feb 15, 2019 11:05am
- Joined Jul 2011 | Status: Trader | 1,035 Posts
{quote} 2 questions: 1. how much? 2. which usernames you used before?
what is the username that you forgot the password for? we just want to be sure you are not that bugger.
