Demo Forex

pipeguy · Nov 21, 2019

Esha.J said:
Demo and real, both are having their own value and experience. I know that when we start real trading after demo work, we face some issues but that is fine. Once we start, we can learn.

What is the biggest issue with trading on demo account that you faced? I faced no issues completely that's why I'm wondering what can be wrong there?

padutrader · Nov 21, 2019

winner002 said:
Demo account is invaluable to newbies, you have this freedom and you trade with no form of duress using demo. Just like many have said, I strongly advice that all should go through the process of demo trading. There is nothing to loose, but all to gain!

there are many arguments for and against demo trading.....

.but it is a good way to get to know markets......

when I started trading 30 years back this was not available so and I feel it would have helped me save some money...some tuition fees.
one thing is certain: if you do not make money in demo you are not going to make money live

padutrader · Nov 21, 2019

pinfire said:
High capital will make high profits

not if you calculate profit in percentage terms

Overnight · Nov 21, 2019

padutrader said:
there are many arguments for and against demo trading.....

.but it is a good way to get to know markets......

when I started trading 30 years back this was not available so and I feel it would have helped me save some money...some tuition fees.
one thing is certain: if you do not make money in demo you are not going to make money live

And conversely, making money in sim does not mean you will make money in live. Only a true auto-system can do that, between sim and live. Human psyche MUST be eliminated.

Esha.J · Dec 2, 2019

pipeguy said:
What is the biggest issue with trading on demo account that you faced? I faced no issues completely that's why I'm wondering what can be wrong there?

I have never faced any issues with demo but the feeling with real money is different then what you have work with demo money.

streetanalysis · Dec 16, 2019

Esha.J said:
I have never faced any issues with demo but the feeling with real money is different then what you have work with demo money.

i get your point. when real money is involved you tend to restrict yourself and become conscious.

pipeguy · Dec 18, 2019

Esha.J said:
I have never faced any issues with demo but the feeling with real money is different then what you have work with demo money.

Limit manual trading and it won't happen again. Basically I run 3 EA with Tickmill and Hotforex I only check platform time to time to see if robots operate correctly and market conditions are normal. Basically such trading quickly becomes similar to demo..

Esha.J · Dec 24, 2019

Right, demo is not the problem, we are and our feelings connected with real money. I think this happen to every person.

Bankmanagerkuwait · Dec 25, 2019

Esha.J said:
Right, demo is not the problem, we are and our feelings connected with real money. I think this happen to every person.

If you can make money in demo pretty well, you can replicate that on live account as long as you do not attach emotions.

tzachi · Dec 26, 2019

Same as you Niko did for the real accounts before?