@Laissez Faire - your comments on edge i completely agree with and something I want to think more about, thank you. Also, your ability to 'control yourself' in a demo environment without cheating is not something i would be able to do. You are certainly the exception in this regard. Finally...
Great points, but I believe you are missing a few items. Consider the following. I would love your thoughts.
1- agree with you.
2- you said "trade like its real money". This almost never happens unless you FEEL it and can make rational decision even when you feel it. You cant feel it...
Love the skepticism and the legal advice, but a valid point all the same. The US patent information can be found here: http://www.faqs.org/patents/app/20090037319
I agree with most of what you said here, but your point between a flight simulator or jumping right in is missing another option. Personally, I would sit next to an instructor in the plane (be IN the environment and feel it which you wont feel in a flight simulator, nor a demo accuont) and...
They were not with them back in July either or anytime in the last few years at the least - if ever. I really dont care I just wanted to correct the thread.
As for the Penson item - thats a very good point... That could be a Saxo WL, but on their site they dont really give any details...
"Random" doesn't imply 50/50. You could set the randomizer to 1% live to 99% demo logins, or 20/80, or 40/60, 70/30 etc (depending on your confidence).
Also, what about a "good day"?, and even besides that .. the type of day shouldnt matter. What matters is the long haul and understanding...
Hi Redneck -
I'm not asking for your secrets. I'm asking what environment would be best to learn from? If you are a profitable trader I am sure you skinned your knee more times than you can count ... wouldn't you have rather "paid your due's" in an account that may not have hurt your bank...
.. everyone, thanks for the comments already.
this is clearly not for everyone, but a few more points to make from my perspective
1. if i were a prop shop, Id much rather give a guy the randomized account so he/she thinks they are trading live funds but may not be. I just saved myself...
Which Trading Environment Would You Choose To Hone Your Skills In?
Whereas,
-Demo Account: no real funds and no emotional capital involved.
-Mini-Live Account: minimal real funds and almost no emotional capital involved.
-Standard-Live Account: your normal funds and your normal...