Demo Forex VS Real Forex | Page 10 | 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

  • #181
  • Mar 11, 2019 5:36pm Mar 11, 2019 5:36pm
I think once you know the basics of placing a trade and how to use your software it is useful to then go to a small live account, i feel emotions are very different between live and demo.
  • #182
  • Mar 12, 2019 2:14am Mar 12, 2019 2:14am
demo account is just for practicing for me, when trading in live account you get more experience and you are more serious with the trades as it the real money you are trading on.
  • #183
  • May 8, 2019 4:19am May 8, 2019 4:19am
demo is the master place to acquire basic level of trading , generally after passing a while traders above all newcomers lost interest from demo , its all about seriousness that comes from real money, i suggest cent account for beginners level.
  • #184
  • May 8, 2019 4:32am May 8, 2019 4:32am
its a matter of emotions , we cant focus and trade here at random , so we get nothing from demo at the end of day. i like to use demo to see my new strategies performance. its a better place for that.
  • #185
  • May 8, 2019 5:38am May 8, 2019 5:38am
psychology is the main issue , agree with both of you . happy trading
  • #186
  • May 8, 2019 11:24am May 8, 2019 11:24am
I mostly agree, if you're constantly stressed out and you cannot control that then your trading will suffer.
  • #187
  • May 22, 2019 5:38am May 22, 2019 5:38am
generally, we always keep a tendency to bring profit within very short time from trading , this tendency make us emotional and greedy when trading in practical.
  • #188
  • May 27, 2019 9:10pm May 27, 2019 9:10pm
Your mental strength is the key to work on both demo and real account. This will help you to understand the market very well.
  • #189
  • May 28, 2019 4:34am May 28, 2019 4:34am
from all human attitude Mental strength is more powerful, practicing in demo can make trader mentally strong and confident. but traders always dont believe the importance of demo account at all.
  • #190
  • May 28, 2019 6:55am May 28, 2019 6:55am
beginners not willing to serious in demo , no emotions and real money in here for that , so they can participate in demo trading contest. its minimum better than as usual trading
  • #191
  • Aug 6, 2019 8:39am Aug 6, 2019 8:39am
its a good idea , instead of demo contest the best choice but not for all time , this approach can make beginners greedy . so we have to be more careful when trading.
  • #192
  • Mar 4, 2020 4:06am Mar 4, 2020 4:06am
Quoting MarkFxAnde
from all human attitude Mental strength is more powerful, practicing in demo can make trader mentally strong and confident. but traders always dont believe the importance of demo account at all.
I think demo account really helps a trader to learn how to deal and learn while you are doing live trading.
  • #193
  • Mar 4, 2020 7:10am Mar 4, 2020 7:10am
It depends on how serious you are, but trading a demo account will give an insight into real life trading without costing anything. Be careful though - demo account luck can be misleading.
Gone to a better place
  • #194
  • Mar 4, 2020 9:31am Mar 4, 2020 9:31am
The demo account initial deposit and profits can also be misleading.
  • #195
  • Mar 11, 2020 8:07am Mar 11, 2020 8:07am
Quoting Zenotrade
{quote} I think demo account really helps a trader to learn how to deal and learn while you are doing live trading.
it helps a lot , i believe this issue , but its very temporary , i have neevr seen a Forex traders who become more knowledgable by menas of using demo account instead of live. practical experience
  • #196
  • Mar 11, 2020 10:45am Mar 11, 2020 10:45am
I agree. Demo trading is great, but one does have to move onto live trading eventually.
  • #197
  • Mar 12, 2020 12:20am Mar 12, 2020 12:20am
Quoting mlawson71
The demo account initial deposit and profits can also be misleading.

Yes big demo deposits makes it difficult to lose because you need a streak of wrong bets to ruin account. It creates impression you can trade with same success on live which is wrong.
  • #198
  • Apr 3, 2020 12:42pm Apr 3, 2020 12:42pm
Agree with all of you. In fact i still use demo account to try out new methodologies or back testing any strategy.
  • #199
  • Apr 5, 2020 4:15am Apr 5, 2020 4:15am
I realized that if the trade was not good, the demo was still losing as usual. The main purpose demo is just to test the strategy.
  • #200
  • Apr 20, 2020 8:54am Apr 20, 2020 8:54am
i am agree , but instead of demo trading i think micro account can be better to taste using any kind of strategy or leverage any ratio. because , in demo success ratio very high that we not find in a live account.
0 traders viewing now