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Demo VS real


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689 replies to this topic

#41
ellliottt

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Demo account is only good for practice. The real thrill is when you started to trade using real account. Mixed emotions will be experienced when using real account too, feel happy if you win and sad or anger if you lose. in demo account, you feel nothing since if ever you lose the trade, you lose nothing actually.


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#42
Nikhil

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Demo account is only good for practice. The real thrill is when you started to trade using real account. Mixed emotions will be experienced when using real account too, feel happy if you win and sad or anger if you lose. in demo account, you feel nothing since if ever you lose the trade, you lose nothing actually.


first demo account only for practise is no doubt and its a kind of weapon before you enter real war and from this demo we can learn about our fault when trade and loss and here is no matter of feeling ager or happy , its only learning purpose . but real is real where feeling is involed so much.
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#43
boniez

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yes, the worries in the demo account is not so striking when compared with the real account, overall our psychology is different between the two. and that is an obstacle for the beginner
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#44
rehan

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yes, the worries in the demo account is not so striking when compared with the real account, overall our psychology is different between the two. and that is an obstacle for the beginner


the psychology is a thing which should not be your first priority as a beginner and your aim should be to learn which you can do easily in the demo account. Now when you understand the basics, you will start working on psychology in real account with mini lots.
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#45
memoney

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Demo account and live account are 2 different thing. In real account when you lose, you feel it. But in demo anything goes. Even if you lose or win you just feel as a newbie practising a new game.
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#46
boniez

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the psychology is a thing which should not be your first priority as a beginner and your aim should be to learn which you can do easily in the demo account. Now when you understand the basics, you will start working on psychology in real account with mini lots.

yup,such open with 1 lotin the mini account,or open with 0.01 lot in the standart account, just for advice better to put a stop loss kinda far from your order, so less chance for u to loss,,,i'm sure ur strategy would be trained when u frequently trade in the real
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#47
mownabratadey

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I think there is no different between demo & real account according to their working in forex trading, the differences are in out thinking, if we go for demo, there might be no reason to loose our money. But for real account if our deposits are big enough & leverage higher, then a nervousness, afraid to loose money automatically come back & we stop the trade.... That's the problem ...
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#48
mundi

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I am pleased to follow the discussion of this thread because I am newbie in forex, other than that, I also have plans to make money in forex ......
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#49
yogesh

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@mundi it is really good that you are here to learn from the discussion
and yep it will be good if you try your hands on demo account first and than your can open
a micro or cents account for few days to get good experience.
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#50
boniez

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@mundi it is really good that you are here to learn from the discussion
and yep it will be good if you try your hands on demo account first and than your can open
a micro or cents account for few days to get good experience.

very good advice, because the stages were very necessary if we want to be a successful trader. because the demo account became the basis of knowledge, while using a micro account, can be used to train our psychology
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#51
mownabratadey

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I have a strategy with the both ones.. 1st of all I prefer to try trading with the demo money after getting trend or prediction at right direction I go for real amount ... That's why demo & real account work in same way & same method.. SO it's very important to test it by demo account first, then try with real money...
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#52
Legendkid

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I love how you put in@yogesh
it's the first step every one who wants to be successful should take.Like yogesh,basic knowledge for every forex newbies.With the demo account,newbies can learn and acquire more knowledge about the real game of foreX.Rather than start trading with real account,registering series of loses.Which isn't good since there's an alternative and that's the DEMO account.
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#53
indieover

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it is quite hard to maintain our motivation in demo trading. cause we know we don't earn real money in demo trading. but it is important to keep on practicing in demo trading. only that during weekends demo trading is closed too like live trading. so we can't practice during weekends.
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#54
sirwilly

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Definitely, the trader won't go on trading ad infinitum. At a point in time, he should feel that his eforts have become optimal at least, and that is the time to move on to live trading even with minimal deposit.
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#55
caspir

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Demo is a good option for a newbie to learn about forex at the initial stage. In case of not having any information about forex it helps the users the to know about the forex importantly give awareness that how to handle the situation and currency fluctuations.
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#56
matiskater

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the diference between demo and real is that demo account is programed to make you "win" everytime or most of the time so you make a real account and invest more... and the truth is that once you use the real thing you will lose more than the demo account...its like a way of selling to you so you invest more everytime
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#57
boniez

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possible that a differentiator as well as inhibiting for them while using the demo account is about the psychology of trading, because I'm sure they'll be more relaxed when in a demo account but defferent situation when in real
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#58
Nikhil

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the diference between demo and real is that demo account is programed to make you "win" everytime or most of the time so you make a real account and invest more... and the truth is that once you use the real thing you will lose more than the demo account...its like a way of selling to you so you invest more everytime

Its really mysterious to me that "demo account is programed to make you "win" everytime" because when we trade in demo it is like fully real with live market but only virtual money and if you trade badly than you will loss and great trade than win but dont understanding wht you you saying .
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#59
andry777

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Demo account and real account is different but both of them are important to use in trading because demo account and real account
are part of forex too. Demo account is used for us who wanted to train or test your strategy and real account is for earning money
off course.
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#60
silenteyes

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Ofcorse you will earn money in real account but it will happen when you have practiced well in demo account.
Demo are not just for practicing or learning but these are for making new strategies also.
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