Thread: How different is DEMO vs. LIVE account trading

Originally Posted by ;

you have to be a sucker for punishment .So far, one live and one demonstration for me. I fight not to let this happen again, so my demo account is as important for me as the one that is . If I blow a second demonstration then I'll need to rethink what I'm doing. I need to steer clear of taking shorter-term trades (1 - 3 days is brief for me) and discover means using S/R which will let me hold for weeks. That is the purpose of the demonstration, to try new ideas and egies whilst building the live account slow but sure.It's great to know that my main aim when...

Thanks Peter. I feel honored with your response.

Merely to add for new traders - Time factor is the key limiting factor in their presentation learning. For a student mature in weeks/months, It's extremely difficult. Therefore they change to smaller timeframes. One NFP or any other news break leading to spikes shatters their confidence and believes in the procedure. Therefore there is absolutely no shortcut. Demo trading for weeks playing moves that are reasonably bigger is essential for creating self-confidence.

Me also looking at medium term trading, but possibly able to think more seriously about it if market calms down. I cannot ride this market for extended.

I am sure there are many benefiting from your excellent work.

Thanks again sir.

1 Attachment(s) No problems and cut the'Sir' company.

Originally Posted by ;

I am also looking at moderate term trading, nevertheless, maybe able to think more seriously about this when market calms down. I cannot ride this wild market for long with my restricted funds.

We have exactly the same thinking with all the EURUSD I see from your sentiment tag.

Someone asked me http://www.myfxbook.com/members/ how I'd made the growth from the dwell EURUSD account and this is what I showed them.

I see no reason, at the present time, to be bearish long-term on this pair. I have a point in mind when this will change but it's some way off. I'll keep taking short, sharp longs whenever the chance arises but I agree that there is order out there. That is the reason why newbies get killed they have any sort of plan that handles the issues found when the market is in a volatile period. Time cures everything - stick with it.

----------