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Demo Vs Real Trading


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570 replies to this topic

#1
rockstar

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What are the advantages and also the disadvantages of demo trading that make it preferable or inferior as the case may be to a real account. What are the challenges faced by traders who are making a transition from demo to real trading accounts?


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#2
ermaniso2011

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for beginners demo trading is a must to learn how it works.it is a very good chance for all of the traders.without a demo account opening a live account is just throwing money on the street.with demo account we can test and robot or any trading strategy,but for a peron to be professional he or she really need to experiance the real account.
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#3
pinoycity

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I was surprised to read a post by a trader in another forum saying that he is being discouraged to use a demo account as this will not make him see the real world of Forex trading. I think, this is only possible if a trader will have an experienced companion, trading with him/her.
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#4
valexer

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I think Demo and Real account is a whole lot different thing. Demo only gibes you idea and to make get you familiarize in trading. Demo could be helpful if you use and maximize it. You can practice here strategies which you think you can use in real trading. But still study shows that traders who are winning while using demo accounts still looses when they open a real account. This just proves that a real forex trading should require real experiences from the real trades you make.
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#5
pinoycity

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Most of the time I used the combination of a demo and a real account whenever I trade. I use a demo to give me signal. But there are times when I only use my real account. But this is risky for me, as I trade just based on instinct.
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#6
flybiz08

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I rslly do not know why you have to combine the two accounts at the same time but if that is contributing to your success, why change a winning team. I would prefer the demo account for a trader that already has an existing strategy to use the demo accounts for testing new systems.
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#7
Tariq777

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Of course demo vs real, the real trading will win. Demo is a waste of our time and its just for beginners
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#8
freaky

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Many traders says that demo trading is a waste of time. I don't agree with that. Demo trading is the foundation to having a good result in real trading. It is in demo trading that you have the opportunity to practice and check your trading strategy and see its efficiency before using it in real trading.
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#9
riddick09

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Of course demo vs real, the real trading will win. Demo is a waste of our time and its just for beginners

Oh, well how do you say that its a waste of time while you are going to learn and practice your strategies in demo. Or you are thinking to be on the spot so you don't have any trading plan. I think they are both a must for us to be successful in forex trading. Skipping demo would mean failures and its not only for beginners.
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#10
ganthiraj

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advantages in the demo account: you feel comfortable participating in forex beginners on this account, you do not feel worried about losing an amount of money. you will have more experience and time in creating their own strategy.
When you step into account the pressure will be felt by quite a lot of account management as well as apply the strategy in the demo account real account
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#11
sidejob

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Oh, well how do you say that its a waste of time while you are going to learn and practice your strategies in demo. Or you are thinking to be on the spot so you don't have any trading plan. I think they are both a must for us to be successful in forex trading. Skipping demo would mean failures and its not only for beginners.

there are some time that we need to enter demo account and there are some time also that we don't need to enter that demo account, but for newbie or medicore i think that is good for them to train themselves with demo account first but for pro one, i think with only real account they already earn well
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#12
rexway

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As for me I dont think that there is a time which we need to enter demo account since demo is just for us to trade with virtual money and not a real life money so its very good recomended if we can trade with demo account before enter the market with our real account to avoid loss and make something good out of the market.
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#13
Tariq777

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Demo and real are entirely different, Demo is for practice while real is for money! :D
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#14
Idris

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Of course demo vs real, the real trading will win. Demo is a waste of our time and its just for beginners

I don't think only newbies need to demo trade. As an average trader, you may devise a trading strategy and of course its not possible to test your new strategy with your money or you re risking bankruptcy so you need to test your skills with demo while newbies also need to trade live even if it means losing so they can learn to control emotions in the future
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#15
indieover

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Indeed demo trading is for all traders. But live trading is only recommended to people who have made use of the demo trading already although no one would stop you from going to live trading immediately. I am only in the demo trading myself
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#16
lanretuase

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As an adage says practice make perfect,a demo account affords you an opportunity to practice and get familiar with the forex trade, Every great forex trader must have started with a demo account before moving on to trade in the real forex account.You should also follow suite.
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#17
hardworks

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What are the advantages and also the disadvantages of demo trading that make it preferable or inferior as the case may be to a real account. What are the challenges faced by traders who are making a transition from demo to real trading accounts?


Advantages:
Can able to get experience with out any real loses.
Can able to test Expert advisor in strategy tester without waiting for too much time.
Can able to learn the basic of trading by using the trading platform via demo account.
Disadvantages:
We will not get real experience, we may use heavey lot size without any emotions and fear factors.
There should be no planing while trading.
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#18
fari

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there is a difference working on demo and real.the reason is that in demo you have the big amount while in real you have the small amount. this is also one of the difference of working in demo and real.
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#19
mang_ncep

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Advantages:
Can able to get experience with out any real loses.
Can able to test Expert advisor in strategy tester without waiting for too much time.
Can able to learn the basic of trading by using the trading platform via demo account.
Disadvantages:
We will not get real experience, we may use heavey lot size without any emotions and fear factors.
There should be no planing while trading.


Nice share, sir... It helpful for traders, especially for new trader to know about it...But, i think for new trader should trading with demo account before they trade with real account... I also used demo account from FBS before i trading with real account..
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#20
wynnasuju

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Both demo trading or real trading have difference. Sometimes, i trade with my FBS demo account, and i also trade with real account. :)
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