ermaniso2011 Posted January 28, 2012 Share Posted January 28, 2012 if you want to remove the presure then just do this.follow the money managenent rules and risk management.when you risk only 5% of your account in one trade means.you have 20 trades to finish your account.that means you have to loose nonestop 20 times so that you will loose all of your capital.if a trader can make 20 looses in line then he is not a trader at all :)some newbies since they dont use stoploose they are loosing all hteir account within a few trades.so money managemtn is a must. Quote Link to comment Share on other sites More sharing options...
rexway Posted February 1, 2012 Share Posted February 1, 2012 Trading with real account for this starting period is always risky,but moreover can makes one master trading very fast Quote Link to comment Share on other sites More sharing options...
pinoycity Posted February 2, 2012 Share Posted February 2, 2012 Some newbies will lose all their account because of not putting stop-losses. Maybe, maybe not. If a newbie will not really know what to do when faced with difficulties, he/she will really lose. Quote Link to comment Share on other sites More sharing options...
rexway Posted February 3, 2012 Share Posted February 3, 2012 Its all abaut our inteligent on real account that maters here ,in Demo account the Emotion may not be much because one will be thinking that he/she is trading with a virtual currency. Quote Link to comment Share on other sites More sharing options...
pinoycity Posted February 4, 2012 Share Posted February 4, 2012 And it is also about being on top of the situation all the time. A trader has to be in control of his head and heart, especially in times when you are losing big. You have to get hold of yourself and analyze the situation and not make decisions abruptly. This is the risk you face when you are in a real trading. Demo trading will not give that headache. Quote Link to comment Share on other sites More sharing options...
rexway Posted February 20, 2012 Share Posted February 20, 2012 But its like some people wont take demo account serious while learning some even open a trade and leave it open without seting stoploos or take profit and go for some others activity,because they know that the money which they are using in trading is not real live money but vrtual,which is not encouraging Quote Link to comment Share on other sites More sharing options...
budado Posted February 20, 2012 Share Posted February 20, 2012 Does who don't treat demo seriously are the one who loss money in forex trading. So don't worry about them. Its just a plan karma. that's why its important that we must be focus on our demo account and treat it as a real account. In this way we can earn online as much as possible. Quote Link to comment Share on other sites More sharing options...
pinoycity Posted February 26, 2012 Share Posted February 26, 2012 It will make it hard for a trader to learn anything in forex, if he/she will not take forex training via a demo trading account seriously. It is like not taking school seriously. Quote Link to comment Share on other sites More sharing options...
budado Posted February 28, 2012 Share Posted February 28, 2012 $1000 is a big capital. You wont get that from posting alone. Even if those forex forums give high rates, it will take about 5000 posts to reach and earn $1000. At 25 posts per day, it will take a poster 200 days or 6+ months to earn that amount. That's true. But right now I prefer to trade to earn. What the use of 100 dollars when every time you trade you can't shift from scalping, hedging and to naked trade simply because I don't have enough funds to survive market volatilty. Also The reason wh I want 1000 dollars is because I want to open swap fees account. so that I can trade long term. anyway I know 1000 dollars is a big amount. But once I have contant 65% or more profit probability with my strategy. 1000 dollars is an amount that I can afford to loss. Quote Link to comment Share on other sites More sharing options...
pinoycity Posted February 29, 2012 Share Posted February 29, 2012 But once I have contant 65% or more profit probability with my strategy. 1000 dollars is an amount that I can afford to loss. Â Wow, I would like to reach this point when I can say the same thing. If I can afford to lose $1000 in one trade, this either mean I have big money in my account or I am very confident that I will get this money back from another trading. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted March 4, 2012 Share Posted March 4, 2012 Well it seems we are discussing application of longer trading as well as using bigger risks in bigger amount of capital. So to be sure need to go on with demo as always better to test it first rather than losing without any practice in demo. We might able to risk it but then it is not good that we are not prepared for our strategy. Quote Link to comment Share on other sites More sharing options...
luke1 Posted March 5, 2012 Share Posted March 5, 2012 Yea both account are the same,but the onlything here is your inner mindset and the ability to react for real account that make s it seems different.... Â Yes it is true, there are like a blank thing that make different between the real account and the demo account here, and most people is alwayssaying like that as well Quote Link to comment Share on other sites More sharing options...
budado Posted March 6, 2012 Share Posted March 6, 2012 Â Wow, I would like to reach this point when I can say the same thing. If I can afford to lose $1000 in one trade, this either mean I have big money in my account or I am very confident that I will get this money back from another trading. 1,000 dollars is just 45,000 pesos. Or three months of salary. Maybe I'm just a gambler type of person so money is really no value for me except on spending on something I want to. But what is 45,000 pesos compare to the opportunity that we can get in forex right? I started 25,000 pesos in stocks and I raise it to 500,000 pesos in four years. Until I close down my account as my mom get in and out of hospital until she died. so for me I done it in stocks trading I'm sure I can do this in forex trading also. Quote Link to comment Share on other sites More sharing options...
yenney611 Posted March 10, 2012 Share Posted March 10, 2012 in the sense, demo account and live account are the same. it is a psychological reaction that when we start to trade in demo account, we dont fear of loosing anything because it is not a real money but when you start using the live account, you would think that you loose it all if you made the wrong decision, so the tendency, the right decision becomes the wrong decision because of our judgment which is governed with fear. Quote Link to comment Share on other sites More sharing options...
rexway Posted March 11, 2012 Share Posted March 11, 2012 Demo account is a good way to learn forex first ,but some traders dont take it serious because since they feel that the money used in here is just virtual money ,and another thing in Demo account is that traders can always master some kind of strategy which must landed you in lost first if you are using real account to trade befor the skill can be aquire, Quote Link to comment Share on other sites More sharing options...
pepy Posted March 11, 2012 Share Posted March 11, 2012 @rexway: that is fact, many member prefer not to prioritize this one because we don't get any bucks from here, but actually this is a good place fo member to learn, practice and also to make a lot of experiment with their trading, even they don't give you bucks but they give you experience Quote Link to comment Share on other sites More sharing options...
riddick09 Posted March 13, 2012 Share Posted March 13, 2012 Absence of demo account in their trading experience will only mean that they are failing to have betterment in the trades and of course losses will follow and other problems will follow. Don't rush into real account if we haven't tried yet the demo account. Quote Link to comment Share on other sites More sharing options...
pepy Posted March 15, 2012 Share Posted March 15, 2012 @ridd ick: i agree with that things dude, demo account is good for both of beginner and expert trader, so far i am still into demo account too, even in some days i trading with my real account. but mostly i trade in my demo account just to sharpen my skill into forex field,and i think demo account will be not separated from traders Quote Link to comment Share on other sites More sharing options...
tirus Posted March 18, 2012 Share Posted March 18, 2012 Its true that the demo account give you good practice for when you are finally ready to trade with real money. This process should not be rushed as its vital to study the process and understand practically how forex trading works. Only when you feel confident that you can switch to a real account should you do but with necessary precautions. Quote Link to comment Share on other sites More sharing options...
adnan007 Posted March 21, 2012 Share Posted March 21, 2012 Doth Demo and Real account has it own advantages when dealing with forex. Demo account helps a trader to learn and get used to the forex interface while real account allows a trader to earn money in Forex which is the main objective on the trader. Quote Link to comment Share on other sites More sharing options...
flybiz08 Posted March 28, 2012 Share Posted March 28, 2012 In demo account trading, traders tend to trade the forex market with money that is not real but it has its own advantages to a trader particularly the new forex trader. One such use is the development of a profitable system which every trader needs to survive in this business of ours. Quote Link to comment Share on other sites More sharing options...
pepy Posted March 28, 2012 Share Posted March 28, 2012 In demo account trading, traders tend to trade the forex market with money that is not real but it has its own advantages to a trader particularly the new forex trader. One such use is the development of a profitable system which every trader needs to survive in this business of ours. it is a good place to learn and to do trial and error, some member like me still utilized this account to make my trading better because based on this one i can develop my trading style, and i also learn a lot, but the bad things some people even forget about this account and just jump into real account and then what happen LOSS Quote Link to comment Share on other sites More sharing options...
adnan007 Posted March 29, 2012 Share Posted March 29, 2012 In demo account trading, traders tend to trade the forex market with money that is not real but it has its own advantages to a trader particularly the new forex trader. One such use is the development of a profitable system which every trader needs to survive in this business of ours. Â Yes, I do agree with you that many traders use Demo accounts to test their trading systems as testing ti out in a demo account keeps them safe from risking any real money. On the other hand, if they try to risk their real money for testing purposes, it will be a huge risk for such members and would have a greater chances of loosing out on their trades. Quote Link to comment Share on other sites More sharing options...
pepy Posted March 29, 2012 Share Posted March 29, 2012 but above that all , real account is one of the important and the essential account because with that account we earn bucks, and do the real trading where we don't need to mix our emotion and to applied the strategy that we tested in demo account , but some newbie afraid with real account, maybe because they afraid to lose it too Quote Link to comment Share on other sites More sharing options...
monyitomon Posted April 1, 2012 Share Posted April 1, 2012 In terms of trading you are always better in trading with a Demo account but what we could get with it? Yeah! Some skills, learning etc. But the real deal is the real account because we can earn real money in real account. Quote Link to comment Share on other sites More sharing options...
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