Demo vs Real

[dickvr46]

demotrading is neccesary before going for a real account.for me both are same but difference is here in demo-fake money and in real-real money

Yes many newbies dont care about lose in forex.They dont trade efficiently and finally they open real account and lose everything.
So all the newbies should try to trade with little care and emotion.

[nirale]

yep for starters to be prepared mentally and also to understand real a/c they need to get to real a/c soon and one best way for this is getting started with a cent a/c

[nirale]

the reasons for this can be many, first going with that demo is virtual money so we trade bigt in it i mean with big lot sizes, second being there is no reason for anyone to manage money there, third being that in demo we just have greed to learn to make only profit's, no fear of loosing money, whereas in real a/c fatak se ham dar jate hain kyuki hamara paisa hota hai, upar se choti choti loss par jyada tension aur frustration ho jata hai, real a/c mein ek bar ek se jyada trade karna is not at all wise and also over trade is bad itself

[nikam]

i think this called a real question.
ap ka view and question sahi hai bro.
i think real thing is that in demo a/c trader trade not with his mind..
he/she trade directly as per he want to see that and nothing is in mind like that he/she going for profit or loss because on that no money needed.
and on other hand in real a/c trader is beware to trade because there a element of risk and uncertainty in future.
trader can not see the future even not 5 minutes so i think we must to trade a safe and trade with mind.

[jadhav]

I think we should learn first the basics in demo account, then start with a small amount because you can't feel the real fear and greed in demo account. If you lose then it is just small, just invest what you can afford to lose.

[jadhav]

Emotions play a role in
demo and real trading, in demo the money is virtual
money even if we lose nothing will
happen so one can trade easily
with out any pressure, but when
it comes to real trading a lot of pressure
will be there this is the
difference.

[jadhav]

Well, when we use demo account trading, we feel less fear. As the money is fake in demo, we don't really care about that. So we trade without fear in demo which leads us in being good traders. But when we go for the real trade, we fear of losing our money. And that fear lead to loss ultimately.

[jadhav]

agree with you, i used demo account just for the first time i learn forex, maybe per day only take 15 minutes at demo account for some trade...and then i opened real account with micro and cent accounts, cause i knew with this i can reduce my risk and because i still hot and hot newbie...hehehe...i got difference feeling between demo and real...and you are right, we will think twice for open position

[jadhav]

it means you often change their strategy.
I guess it's not good. if I use a demo account after a mc, and do not have the money for deposit.
actually I did because it was forced, in order not to forget the system that I 've learned.

[furiya]

you areright, we need to practice our skills at demo account, but sometimes we need to practice at real account with using little lot so we can earn some experience and we can compare between demo and real...actually, i need both of them to develop my skills