Moving to live trading

EuroTrader

Sergeant Major
Messages
1,045
demo trading is not as real trading we should not estimate it same our performance will be less than demo in real account this thing should be in our mind. When we are much good in demo trading then move to live trading.
Whenever we are doing our trades in the Demo accounts we have to see that the trades will give us some income as that way only we will learn trading :)
 

downtrend

Sergeant
Messages
874
Live trading is a totally different form of trading than demo trading. You need to focus on many things once you start trading in a real account.
 

EuroTrader

Sergeant Major
Messages
1,045
Live trading is a totally different form of trading than demo trading. You need to focus on many things once you start trading in a real account.
If we prefer doing live trades then we will have a good time in earning profits from doing such types of trades and we have to just keep our focus right :)
 

nahiyar

Private, 1st Class
Messages
809
Live trading is different and difficult than of demo trading . when we are good in hard situation doing trading on demo it means we can work with live now. So test your skill in demo to prove you a good trader.
 

henyo

Master Sergeant
Messages
436
of course, demo has less risk and less fear in it, no matter how good u may be on demo u will feel the difference in live trading.. though i still keep a demo account, another factor i believe is execution, in demo its instant though i can differ in live depending on the volume of trades executed all at the same time.
 

EuroTrader

Sergeant Major
Messages
1,045
of course, demo has less risk and less fear in it, no matter how good u may be on demo u will feel the difference in live trading.. though i still keep a demo account, another factor i believe is execution, in demo its instant though i can differ in live depending on the volume of trades executed all at the same time.
We have to learn doing our trades in the DEMO accounts as that is the only way to learn doing trades and also know which trade is going to be more profitable to us in the long run :p
 

mlawson71

Corporal
Messages
188
of course, demo has less risk and less fear in it, no matter how good u may be on demo u will feel the difference in live trading.. though i still keep a demo account, another factor i believe is execution, in demo its instant though i can differ in live depending on the volume of trades executed all at the same time.
Generally speaking, if you are working with a decent broker most of the time your order execution speed should be almost the same as on the demo account. Finding such a broker is not always easy though.
 

EuroTrader

Sergeant Major
Messages
1,045
Generally speaking, if you are working with a decent broker most of the time your order execution speed should be almost the same as on the demo account. Finding such a broker is not always easy though.
There are many types of Brokers which are actually offering us ECN based trading and we can do our trades at any time due to the high liquidity on offer in such trading accounts :)
 

EURUSD

Sergeant Major
Messages
1,133
Live trading is a totally different form of trading than demo trading. You need to focus on many things once you start trading in a real account.
Yes of course tis is different especially about emotion, in real account will involved emotion in trades, and demo can't giving emotion pressure because only use virtual money, but however demo still useful to learning with practuce in real market condition
 

mjones

Recruit
Messages
9
Hello traders. I have been learning and practising for a relatively long time and I feel confident about my trading so far. I have learned what I need to trade correctly and I am planning to start trading live, however, I'd like to ask you what would you suggest to do to deal with "1st day" emotions. Although I read plenty of articles about emotions, discipline and psychology of trading, it's still interesting to learn how other traders dealt with it. What did you do to reduce the heartbeat after opening your first trade? How your 1st week or 1st month of live trading was psychologically?
The only way I became disciplined was to lose money doing stupid things. After losing enough money, I finally became disciplined enough to stick with the strategy. If you have confidence in your strategy, and disciplined enough to execute only that strategy...you will do fine.
 
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