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comparison of live trading with demo trading.
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#1 |
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I'm ready to invest!
Join Date: Apr 2012
Posts: 57
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As per my opinion, It's totally different between demo account and live account, if we trade in demo account and we suffered some losses, we can trade without too much pressure. But if you oftenly loss in live account, you will feel that you can't trade at all. It will affect to our psychology and financial. The pressure of live account is much bigger than demo account.
So now i want to know that how you compare of live & demo trading, please describe your opinion. |
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#2 |
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Junior Investor
Join Date: May 2012
Posts: 42
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Demo account is the account for practice and we trade with no fear of losing money, if we lucky we will win or increase the capital on demo. but mostly we will increase the capital in demo because demo account have small respond from real market.
When we trade with real account we can't think looking for lucky because mostly will lose. and with real account out trade even just 0.01 lot size will respond by the market. |
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#3 |
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I'm ready to invest!
Join Date: May 2012
Posts: 67
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demo account is the account for practicing without any fear . when we trade with a demo account there was no risk but in a real account there is a risk involved . we always excited with real account business but in a demo account not be excited.i think demo account is the precursor of a real account.
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#4 |
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I'm ready to invest!
Join Date: Mar 2012
Posts: 97
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Well fellow poster i think that the live trading and demo trading should be considered as the same because the difference is not that much,though demo trading is a good platform for a trader to learn trading and practice new strategy
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#5 |
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I'm ready to invest!
Join Date: May 2011
Posts: 57
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I don't think it's the same since in demo you can trade with less fear but in live trading you got lots of fear in trading.
ADVERTISING LINKS DELETED Last edited by betsybee : 26-09-2012 at 05:17 PM. Reason: Remove Advertising |
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#6 |
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Investor
Join Date: Dec 2009
Location: Scotland, UK.
Posts: 3,202
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To be honest, if you are a complete newbie, you have the same feelings that were said over and over again and again. But if you have lot of experience (good or bad or both), you will only find Demo trading severely boring!. I only create demo account to build and test strategies. All that without real trading. I simply mount my indicators on chart and go in for a backtest.
__________________
Signature Space for Sale. PM me for details!. "Ignorance is the First step to Failure. Failure is a stepping stone to Success". |
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#7 | |
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Junior Investor
Join Date: Oct 2012
Location: KATHMANDU
Posts: 100
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Quote:
Actually in my opinion we should take demo account as a practice account, it provides us enormous knowledge which is required before starting real trading. So treating emotions in demo account similar with real account is not fair. It is meant for beginners to know about the operative tools which are same in both types of account. |
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#8 |
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Junior Investor
Join Date: Oct 2012
Posts: 99
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Good question. To begin our live account we open an demo account and practice over 2 months. Then we find the deference of them. Actually Forex Trading is not so easy.
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#9 | |
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Junior Investor
Join Date: Oct 2012
Location: KATHMANDU
Posts: 100
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Quote:
Trading in demo account for two months is not necessary. It all depends upon a person's ability of learning. It might takes 4 months or 5 months or takes two weeks to learn about forex through demo account but demo account only tells about the working system in forex trading, it doesn't tells how you can prepare your strategy. |
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#10 |
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Junior Investor
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That is absolutely true it all depend on the person ability to understand things fast as for me I think its better to put all your effort as you can to learn here and understand more about forex trading in demo account before we can make any step to trade in live account.
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