Demo vs Live account trading

[Elieel1998]

real money means real emotions so risk management, discipline in following trading plan is very important

 

[Mabaso]

I'm I the only one who experiences different results in the both accounts, what I mean is, I am profitable on my demo account but get huge losses on my Live account, and can I switch that? To be profitable on live account and get massive losses on the demo

I also experience the same results. I get massive losses in live account

 

[forexprospect]

you need to learn to trade smart and out smart your broker cause he or she is your enemy,be aware they make money when you lose

 

[sizwegumbi]

man make the money not money make the man, so do what you gotta

 

[Wilfredo]

I have experienced that. I am not sure why though.

The reason is slippage. There are no slippage on Demo accounts.. However, my experience is this. Demo may not tell you if the EA is good. But it will screen out the bad ones.

 

[zaimi2]

if you got low in your emotions dont trade..or make 2 account 1 for use the trading strategy 1 for try account

 

[thommas]

I'm I the only one who experiences different results in the both accounts, what I mean is, I am profitable on my demo account but get huge losses on my Live account, and can I switch that? To be profitable on live account and get massive losses on the demo

Its very easy to trade in demo because you have nothing to lose.

 

[mlawson71]

The reason is slippage. There are no slippage on Demo accounts.. However, my experience is this. Demo may not tell you if the EA is good. But it will screen out the bad ones.

That is actually an excellent way of putting it. A bad EA would show even on Demo.

 

[waylon1]

I'm I the only one who experiences different results in the both accounts, what I mean is, I am profitable on my demo account but get huge losses on my Live account, and can I switch that? To be profitable on live account and get massive losses on the demo

Demo accounts are not the same as live ones as the Broker can widen spreads and adjust the speed of the feed -plus increase the impact of news trades - so don`t expect the same results.

 

[mlawson71]

They should be the same. If a broker is not doing that, then it's time to change the broker, to be frank.

 

[Gilbert.Jer]

You can use the demo account to build strategies and practice your skills, but you cannot trade in live account the same way you trade in demo because, in live the risk is real and the demo account is to get familiarized with the trading platforms.

 

[mlawson71]

True, but a good demo account approximates the live one very closely. I think a newbie, especially, really needs to use such an account to learn.

 

[arkohb]

it all about controlling your emotion. demo and real accoutn are the same just that we freak out when we are in red and close with small profit

 

[arkohb]

we just have to master our emotion and so that we can make something meaningful.

 

[temp]

Trading with demo money actually removes the psychological element from trading. Therefore trading a demo account vs a live account often differ considerably in results.

 

[Ryantolani]

Always use demo account to test all your strategies. That way no guesses and no emotions.

 

[mlawson71]

Indeed. I think it is a very poor idea to test strategies on a live account from the get go.

 

[Sandra Tennyson]

Demo is must and major reason for how we will be able to do trade better and that through proper a good strategy as well. Its also vital to find the right broker.

 

[Rob-B]

I'm I the only one who experiences different results in the both accounts, what I mean is, I am profitable on my demo account but get huge losses on my Live account, and can I switch that? To be profitable on live account and get massive losses on the demo

Definitely human emotions!

 

[Sheldon.D]

A demo is good for developing skills and using it to try new strategies, but the live account is where the actual market trades take place to earn profit.

The demo account is actually a handy tool because when I wanted to check my broker FP Markets trading conditions, the demo account gave me an insight of its spreads and execution speed.