Demo Forex VS Real Forex | Page 11 | Forex Factory

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Demo Forex VS Real Forex

  • #201
  • Apr 20, 2020 12:32pm Apr 20, 2020 12:32pm
micro account means live account ,
its not appropriate according to me. for practicing anything in forex trading there is no alternative way without demo account.
  • #202
  • Jun 8, 2020 12:18pm Jun 8, 2020 12:18pm
Micro and cent accounts give you the real trading experience that demo account cannot. Besides, you don’t really have to invest a significant capital in trading
  • #203
  • Jun 12, 2020 12:53pm Jun 12, 2020 12:53pm
If anyone wants to enter into the forex market, he should gather knowledge about the trading and the market. Without getting full knowledge about the market, it is quite tough to trade and invest in forex.
  • #204
  • Jun 15, 2020 1:12am Jun 15, 2020 1:12am
Quoting Robertstarc
If anyone wants to enter into the forex market, he should gather knowledge about the trading and the market. Without getting full knowledge about the market, it is quite tough to trade and invest in forex.
So your saying that through Demo account only one can learn about Trading, according to me, forex is a business anyone with a business knowledge and is driven to take risk and easily learn forex.

Demo is just a tool, it does not give you that potential knowledge about trading but can be used to develop strategies on your trading.
  • #205
  • Jun 15, 2020 3:18am Jun 15, 2020 3:18am
My opinion: demo is for learning the basics and techniques of trading, how to technically execute a trade. Even useful for developing a trading plan. But trading psychology should be done with real money, with very small size.
You can't control the wind, but you can adjust the sails.
  • #206
  • Jun 17, 2020 3:17am Jun 17, 2020 3:17am
yes its a good point you have mentioned , for ensuring technical all terms demo is more appropriate , if anyone want to bring good knowledge i think he should move on real account with minor balance.
  • #207
  • Jun 17, 2020 3:34am Jun 17, 2020 3:34am
most of the time i use my all trading strategies in demo to see the performance how it works , this approach very much supportive to avoid unfortunate risk and losses when trading in a real account.
  • #208
  • Jun 17, 2020 5:14am Jun 17, 2020 5:14am
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...
I'll advise you stick to the demo for sometimes and build consistency. Wheh you habe absolute trust in your methid, then you can move to the real version. The demo and real are basically the same thing just that you are now trading with real money
  • #209
  • Jun 17, 2020 5:58am Jun 17, 2020 5:58am
Quoting AlexImam
most of the time i use my all trading strategies in demo to see the performance how it works , this approach very much supportive to avoid unfortunate risk and losses when trading in a real account.
I agree, always advisable to try out your strategy on a demo before trading on a live account. Even some of the most seasoned traders consistently make use of demo. Going live once doesn't necessarily mean quitting practicing on demo.
  • #210
  • Jun 17, 2020 6:11am Jun 17, 2020 6:11am
very sometimes i feel there is no importance of demo account , because we got nothing from this trading place , actually we the people dont give the vaule which is completely . if demo would paid , traders trade on there seriously.
  • #211
  • Jun 17, 2020 10:48am Jun 17, 2020 10:48am
While people can't profit anything material from the demo account, being able to learn without stressing about losses is a pretty big gain, in my opinion.
  • #212
  • Jun 17, 2020 7:07pm Jun 17, 2020 7:07pm
Demo account is only for learning purpose and we can do practce trading with it. After some time of Demo trading we can be able to trade live and real trading on the base of experience which we have got trading with demo account.
  • #213
  • Jun 18, 2020 12:35am Jun 18, 2020 12:35am
most of the time the result we got from demo account practically not not works when trading in a real account , because in demo no pressure works , easily we can trade here with making profit but in live emotions , greediness and much more issues come at the same time , so we see lots of difference between two.
  • #214
  • Jun 18, 2020 5:59am Jun 18, 2020 5:59am
Yes, the differences are there because demo is only a simulation of a real account and simulation can only be as good. However, it helps a new trader to learn to watch the market closely and get a better feel of the market without using real money.
  • #215
  • Jun 19, 2020 7:18am Jun 19, 2020 7:18am
yes agree, the beginners can make sure what actually forex market movements and how to make profit and losses , they have a chance to trade here with no money , its a great opportunity to see the performance how forex works.
  • #216
  • Jun 20, 2020 10:45am Jun 20, 2020 10:45am
its a very good approach no way to avoid it but honestly speaking the experienced trader got from demo practically not works when trading in a live account. for that reason there is a confusion between two.
  • #217
  • Jun 21, 2020 4:04am Jun 21, 2020 4:04am
Quoting Majeeda
its a very good approach no way to avoid it but honestly speaking the experienced trader got from demo practically not works when trading in a live account. for that reason there is a confusion between two.
You don't need to use demo with a mindset that it's a replica of the real account. Demo is like a practice session for a sport and live account is participating in a tournament. Is the practice sessions the same as the tournament? No. Do you still need it to win the tournament? Yes.
  • #218
  • Jun 22, 2020 2:22am Jun 22, 2020 2:22am
Quoting Deepak.Dubey
{quote} You don't need to use demo with a mindset that it's a replica of the real account. Demo is like a practice session for a sport and live account is participating in a tournament. Is the practice sessions the same as the tournament? No. Do you still need it to win the tournament? Yes.
I must say those are some really wise words man! That's a great way to look at demo and real account trading.
  • #219
  • Jun 22, 2020 7:27am Jun 22, 2020 7:27am
Quoting Scotchbrown
{quote} I must say those are some really wise words man! That's a great way to look at demo and real account trading.
Thank you. Demo is like training. I see no reason why should anyone compare it with a real account.
  • #220
  • Jun 29, 2020 3:07am Jun 29, 2020 3:07am
Demo is just a trading tool and help in knowing how the live trading works, where as the live trading is the actual trading.

Why is there discussions and threads relating to this in most places.
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