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Author Topic: difference between demo and real account  (Read 11532 times)

Offline Neurotic

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Re: difference between demo and real account
« Reply #150 on: August 19, 2017, 05:21:16 AM »
Demo is the initial step, then if you wanna learn it more better, you could do small investments and learn through it and later could invest more money with the increment of confidence level.

Offline raniya

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Re: difference between demo and real account
« Reply #151 on: August 19, 2017, 05:55:57 AM »
A FX practice account is a trading account to test strategies under real market conditions. It is funded with virtual funds and allows you to practise trading. It can be used to get experience before we use real account. Demo account will help new trader to start trading.

Offline Irina Malcova

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Re: difference between demo and real account
« Reply #152 on: August 19, 2017, 04:21:59 PM »
I feel the difference with the demo account real account is located from the psychological side, and capital used, try to manage capital trading in demo account is definitely no sense of worry, fear, etc so that it is capable of logical thinking of trading behavior
 

Offline litecoin

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Re: difference between demo and real account
« Reply #153 on: August 21, 2017, 05:56:01 PM »

In demo account we can trade as much as we can with virtual money to enhance our trading skills and our main objective should be the learning it will further help us in real account to achieve high margin profits. Emotions in real account should be controlled.

Offline Paul.Trafford

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Re: difference between demo and real account
« Reply #154 on: August 25, 2017, 06:56:21 AM »
Huge difference is that with Demo you don't let your emotions take control of your actions. Hardly the situation is the same with the Live environment.

Offline Neurotic

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Re: difference between demo and real account
« Reply #155 on: August 25, 2017, 11:31:11 AM »
Demo is to gain knowledge, though experience could be gain only through the Real Trading. Thus EA advises to so trading with small capital, after practicing Demo.

Online Eliza Abrams

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Re: difference between demo and real account
« Reply #156 on: September 21, 2017, 01:45:52 PM »
Huge difference is that with Demo you don't let your emotions take control of your actions. Hardly the situation is the same with the Live environment.

The difference isn't just psychological. With some brokers there is slippage and requotes on the live account and none on the demo account. One should really watch out for that when they pick a broker and a platform.

Offline Haffizz

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Re: difference between demo and real account
« Reply #157 on: September 21, 2017, 03:41:45 PM »
Yes, I don't think that someone will face huge slippages or orders cancelling on demo. But on live, such things happen not rarely

Offline Neurotic

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Re: difference between demo and real account
« Reply #158 on: September 25, 2017, 05:24:16 AM »
Yeah, and that is what makes Demo a good way to learn about the Forex Trading, only if you spent more time in it, most of the traders thinks that they don't need to more of Demo, but trust me they need to have.

Offline ForexTradesman

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Re: difference between demo and real account
« Reply #159 on: October 05, 2017, 05:02:23 AM »
Well, first of all have a good strategy, and be able to control your emotions even in stressful situations. Never trade on your emotional impulses, they cloud your judgment and lead you to make bad decisions.

Offline equityfx

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Re: difference between demo and real account
« Reply #160 on: October 12, 2017, 03:51:57 PM »
Trading on demo account always will free from emotion pressure, and usually startup capital also use huge number and will very different when start on real account, almost trader start with small capital but they hope will quickly to making big profit.

Online Eliza Abrams

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Re: difference between demo and real account
« Reply #161 on: October 12, 2017, 04:17:12 PM »
Trading on demo account always will free from emotion pressure, and usually startup capital also use huge number and will very different when start on real account, almost trader start with small capital but they hope will quickly to making big profit.

True, the part about the large initial capital can be very misleading. That is why it's so important to trade on a demo account in the exact same manner as you would on a live one.

 

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