Is this a real demo account? Please help! | Forex Factory

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Is this a real demo account? Please help!

  • #1
  • First Post: Jan 3, 2017 4:32pm Jan 3, 2017 4:32pm
Here:
https://www.myfxbook.com/members/yoy...IITl6d3kCNhhNF
It looks too good to be real!
What are your opinions?
Vucking good EA coder... https://t.ly/AZjRM
  • #2
  • Jan 3, 2017 5:55pm Jan 3, 2017 5:55pm
how is this too good to be true? It's just 4 trades. Appears to be taking on way too much risk each trade.
I think you better come back after 10 or 12 months and ask me again, but this account will likely be bust by then..
  • #3
  • Jan 3, 2017 6:14pm Jan 3, 2017 6:14pm
Quoting reteid2222
Here: https://www.myfxbook.com/members/yoy...IITl6d3kCNhhNF It looks too good to be real! What are your opinions?
lol
silly girl..get off the drugs...
  • #4
  • Jan 3, 2017 6:19pm Jan 3, 2017 6:19pm
(I do not understood what you attempt to refer).
  • #5
  • Jan 4, 2017 1:30am Jan 4, 2017 1:30am
Quoting BubaYaga
how is this too good to be true? It's just 4 trades. Appears to be taking on way too much risk each trade. I think you better come back after 10 or 12 months and ask me again, but this account will likely be bust by then..
That s the reason why I am asking here to show the critical points...Saw BUT didn t noticed that!
Vucking good EA coder... https://t.ly/AZjRM
  • #6
  • Jan 4, 2017 1:32am Jan 4, 2017 1:32am
Quoting hilmy83
{quote} lol silly girl..get off the drugs...
NOT helpfull....just go away....u are NOT the man for my next ea creation!
Vucking good EA coder... https://t.ly/AZjRM
  • #7
  • Jan 4, 2017 9:44am Jan 4, 2017 9:44am
Demo is the best way to become successful in Forex Trading, as it provides the same scenario of the Real Market, but doesn't has the risk of losing money, which makes it more interesting.
  • #8
  • Jan 4, 2017 7:12pm Jan 4, 2017 7:12pm
Quoting GodfatherSam
Demo is the best way to become successful in Forex Trading, as it provides the same scenario of the Real Market, but doesn't has the risk of losing money, which makes it more interesting.
I don't think demo is more interesting. You take more risks, because it doesn't matter. Teach you bad habits like averaging out of losing positions which will work 98% of the time, no stop loss, martingale.
Of course when your money is at risk it's going to be more interesting. You need to think more because you care.
  • #9
  • Jan 4, 2017 8:23pm Jan 4, 2017 8:23pm
Quoting BubaYaga
{quote} I don't think demo is more interesting. You take more risks, because it doesn't matter. Teach you bad habits like averaging out of losing positions which will work 98% of the time, no stop loss, martingale. Of course when your money is at risk it's going to be more interesting. You need to think more because you care.
I agree with what you said. During my years of trading, I have seen many peers who have been performing relatively well in terms of results, discipline etc in demo. But when they start to invest / deposit cash to start forex trading, their emotions often killed their decision making and discipline that they used to practice. Afterall in demo, you could follow your strategy strictly and just let it run and sleep well. But with real money involved, you tends to check more often and in between might affect your decision making to a certain extent. Everything comes with experience and I guess sometimes it is good to learn through getting burned once or twice.
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