Hi guys . Can anyone explain why my 2 demo accounts are up by a substantial amount but my live account is at a loss . Seems I mess around with my live account to much instead of placing my trade and the leaving it .
I suggest that before entering into a real account with a large capital try practicing phisikology in a micro or mini account, I think micro accounts can train little by little,
It's clear it's because of psychological factors. On the demo account there is no psychological pressure and we can trade casually even though we are experiencing a loss, in contrast to a real account where psychology controls us here so it will be much different from trading results on demo and real accounts even though the demo account has managed to profit consistently.
Hi guys . Can anyone explain why my 2 demo accounts are up by a substantial amount but my live account is at a loss . Seems I mess around with my live account to much instead of placing my trade and the leaving it .its all about psychology sir, in demo we can make big profit cause that is not real money, but in live account that is real money we used to trading so be carefull in trading forex.
Try to hold your demo account until 3 months. If you're not Margin Call try to deposit on real account. You just deposit same with the demo account.
this is a common problem because basically if we use a demo account, our psychology tends to be maintained, this is different if we use a real account our emotion will play there
It must because your live account is less funded than the demo account. With plenty of capital on your account you can freely open market to buy or sell and just wait until enough profit reached.
you better join any contest in many brokers bro, join a demo contest and test your skill there,and about demo win and live loss is a psychology factor, you want to get easy money by use full margin, but in demoyou will be just like "nah, its only demo" haha
Demo win, Live lossThis is very good topic, why? Because I also often experience things like this hihihi .. The reason is that when we trade using demo account, we will not think about how much loss we will experience. It's different when we trade using a live account, before buying and selling we must have thought about estimated profit and losses. And the thing I experience most is when we buy prices down, and sell prices goes up. That's where, emotions, mentally, or psychologist is unstable, as a result instead of profit but even loss.
Thank guys for the feedback.So better at the beginning start to trade with small live account instead of demo.
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