Demo vs Live dispute

What the hell is that supposed to mean?!?1 @Magna, can we please just close threads like this? It invites the world's worst foreign bots. These are not real people speaking here. If they are, they should be banned for being too stupid to form a cohesive sentence.

 

As a novice trader, you should just STFU and not give advice on how to do anything trading-related.

 

as a newcomer i think demo ands micro account should trade at the same time , this is a perfect combination.

 

but this could be a worst decision , because due to low trading experience beginners will must confuse , no doubt.

 

but there is a chance to bring live trading knowledge , this is also logical

 

traders should trade in demo as well live at the same time. this is really appropriate

 

I have done exactly what you said for years, and it twists a mind up so tight into a knot that the trader is left drooling on the floor gibbering to him/herself.

Please do not give advice about something you do not understand through personal experience.

 

The difference is primarily in the presence of a psychological component on a real account as opposed to a demo account. Therefore, trading on a real account is more difficult. There will already be emotions such as fear, uncertainty, which are practically absent on a demo account, since you are not risking your real money. And therefore, the trading results will be different on these accounts.

 

Many traders feel there’s a significant difference between demo and live trading due to the psychological aspects involved. In a demo account, there's no real money at stake, which often leads to more relaxed decision-making. However, in a live account, the emotional pressure of risking actual capital can impact judgment, leading to different behaviors, like fear or greed. Additionally, real markets can have slippage and spreads that may not be fully replicated in a demo environment. This emotional and practical difference can lead to varied trading results between the two.

 

I think that you shouldn't neglect preparation on a demo account. After all, to understand the quality and reliability of a trading strategy, indicators or forex robots, you first need to personally check them in order to make an informed decision about the possibility of switching to a real account or whether you will need to finalize or improve some strategy before risking your real money.