Demo vs Real

[realfun07]

yes friend correct and for this after learning basic we need to trade with real account which may be best of cent account or micro account where risk is low because of money less but the great advatage is that here real money involved so here is psychology.

Even before we trade in cent account it is important that we trade first in demo account and make sure that we back test our trading strategy for profits and then start trading in real account with small amount.

[ketan]

yes friend correct and for this after learning basic we need to trade with real account which may be best of cent account or micro account where risk is low because of money less but the great advatage is that here real money involved so here is psychology.

[aniket]

yes brother we need trade with plan but not trade with fear but its also true when we trade in our real account then fear naturally come and also tension but we need to overcome this . and its also true when there is few trade go very good then fear also go away , so to overcome this we need to good trade which required skill .

[aniket]

its basic of forex i think and first time every newbie should keep in mind about this and i think you are correct about this. actually demo give us some primary knowledge when we very newbie but to learn more concentration we need after demo with small amount in real.

[rakesh]

Actually in demo there is no fear and emotion not "much fear" i think and its the great instrument for learning for newbie who have not any experience of forex and its also very good for experience trader to test their strategy but its true when there is no real money then sure there less concentration but if we have learning mentality then demo is best.

[rakesh]

I am agree with you . but i think all newbie trader must be used first demo because of some basic learning and after few days its better to use real (micro or cent ) with small money and sure it will give more concentration when playing with our real money.

[rakesh]

yeah right.Cent account is also a good choice.In cent account we can learn about the live trading and also feel it whereas in demo we cant.And in cent account the loss wont be high,so it will be affordable to lose.so deposit $5 in cent account and start trading.

[Garry]

this is because in demo account firstly we learn how to use it then they learn using small volume . they loss and try again. when the earn something . they take more risk like using high volume . if they loss , they repair it . after making more profit they increase volume and this way , they earn in demo account .
but when they starts real account they mostly don't use small volume , they use high volume involving high risk and then due to greed they loss so much .

[meyi80]

There is a wide gap between demo and real account.
Demo- It is to know the options of the platform and to know the trading procedures. Even, it is used to test some strategies and test the EAs.
Real- It is full of risks and if the beginner enter into real account, then the trader should get some experience about emotions and understand when to enter the market and exit.

too long practicing in demo also having a bad effect on your psychology, since you will never learn a real lesson about psychology in demo account. you can only get this experience in real trading. no matter how good we are in demo, we still feel different when we trade in real account. so to sharpen your mental, you should try the real account, just use the micro account.

[hardworks]

There is a wide gap between demo and real account.
Demo- It is to know the options of the platform and to know the trading procedures. Even, it is used to test some strategies and test the EAs.
Real- It is full of risks and if the beginner enter into real account, then the trader should get some experience about emotions and understand when to enter the market and exit.