Demo/Live Account-Worlds Apart?

Hi. I have recently opened a Live Account with a broker I had used for demo trading for quite a long time. I went "Live" as I felt it was time to put my knowledge into practise. You probably know what's coming, but why oh why do I now keep losing money? I am doing exactly what I did when demo-ing, yet, first of all I told that all of a sudden, i cannot place Stops and Limits within 15 min of news announcements (that was not the case when demo-trading). Plus every time I place a Stop Loss, I can be sure it gets hit just then and then turns around. Am I paranoid -Is there someone at the other end watching what i am doing and stopping me out?Surely they got better things to do then watch where my Stops are (especially as I am trading mini-lots?)? Has this happened to anybody else? And can people recommend a broker who does not screw you over (pardon my French)?Maybe I am just naive...but I would really like to know...

simple. Avoid news trading. I've tried it, and failed. For every time I make a profit from news events, I lose three times. It's simple. You can't know what numbers will come out, and how the market will react, before it happens.

sorry mate is just the simple fact that demo accounts do and will not factor actual mkt conditions.

This is why time and time again you see post about don't wast or time with a demo the only thing there good for it is getting the feel of the platform which should only take about an hour. You can back test on paper always test your system on a minimum scale of a micro-mini account other wise we might of well be sitting here talking about how we both had the right numbers for the lotto but my numbers where for your state and yours for mine.

This happens to me all the time... I don't know why.
But I can tell you, it's nothing more frustrating than seeing your stop just being hit +-2 pips and then goes the way you wanted from the first time.

What you can do is add 5 more pips to your stop and see what happen, make sure you use the same system you been using but add 5 pips to yout stop loss.

Moe is giving you excellent advice here, that is what I wound up doing when I first went live a couple months ago, and it almost drove me crazy till I realized that when the money became real, my stops tightened up quite a bit, and I needed to relax, trust my system, and just (in general) have the balls to stick it through. It has made the difference, too- after a drawdown, I am now on my way back up.

Hi Guys ~

Justin from EFX here - this is the exact reason I always stress to demo traders, you must open a live account with a broker to truly get a feel for how their platform will react in live market conditions. Most brokers have a fairly reasonable minimum deposit amount; it’s worth the risk to find out if what you see in the demo is what you get once you go live.

Just some friendly advice

Let me refresh this almost year old thread by saying I've used demo accounts from my broker and live account does not vary that much at all, price is slightly different here and there but not like with most brokers and execution time to enter and exit orders is up to 3 seconds most of the time. And yes they allow scalp trading, you may have guessed -- Alpari UK is the broker I am talking about. I have read that some experience longer delays but personally I don't. And I let my trade run all times and conditions through news, near market close, everything. I often close trades out earlier if I want to and find delays are minimal. Let me know if you experience the same or not with this broker or any other.