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Author Topic: difference between demo and real account  (Read 29675 times)

Offline fxopen78

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Re: difference between demo and real account
« Reply #180 on: January 03, 2020, 09:56:59 PM »
Demo account is a dummy account that enables new traders to perform all trading activities without risking real money. It will be right to say, Demo account is the live simulation. With demo account trader trade with fake money while with live account trade with real money.
The demo is useful, but this is not reflected overall trading result in live account, there are a term of difference between two, main point is about psychology trading, then about server demo and real is different, good trading in the demo account, not sure will good also in real account

Offline Redcliff

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Re: difference between demo and real account
« Reply #181 on: January 19, 2020, 08:50:07 AM »
There are a lot of opinions on this and everyone is right in his own way, but Ill say that you still should not ignore the demo account.

Offline fxopen78

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Re: difference between demo and real account
« Reply #182 on: January 19, 2020, 10:37:09 PM »
There are a lot of opinions on this and everyone is right in his own way, but Ill say that you still should not ignore the demo account.
As a newbie, needs to use the demo account, it will better not rush to jump in real account, although demo account can't built up good psychology trading, we can practice to implemented any strategy and system trading with free of risk.

Offline Jugal

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Re: difference between demo and real account
« Reply #183 on: January 21, 2020, 08:33:21 AM »
Well, almost all the options have already been put forward, what is the difference and what should not be a difference, I agree with many.

Offline fxopen78

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Re: difference between demo and real account
« Reply #184 on: February 02, 2020, 09:43:43 PM »
Psychological difference is the most case between demo and real account, because since trading in demo account only use virtual money, no effect on emotion, since trading in a real account will involved emotion and this influence during trading, fear, greedy and so on

Offline karq

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Re: difference between demo and real account
« Reply #185 on: February 14, 2020, 06:23:35 AM »
The difference between them is that Demo helps beginners to get familiar with the aspects of trading carefree(without risk). Its a tool that helps one to practice trading or to test a new trading strategy without any risk to actual money. As for a the real or live account there are risk factors and also if you don't have an strategy or plan on what your doing its going to be just loss.

Offline bradleyjinx

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Re: difference between demo and real account
« Reply #186 on: February 14, 2020, 02:02:43 PM »
the biggest mistake that people are making - they think that they would be able to trade FEARLESS with the same amount of money on live as they did on demo.
there is a phycological pressure.
and sometimes it's really hard to overcome it.
I've already won a lottery - I was born in the USA!

Offline fxopen78

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Re: difference between demo and real account
« Reply #187 on: February 15, 2020, 01:51:09 AM »
Demo account usually starts with huge capital, this is main difference in the demo and real account which usually start with smaller capital, if on demo use 5000$ its big capital, but since in real account use less than 200$ is very different, so often good trading performance in the demo but fail in real trading.

 

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