Forex demo vs real account status


Hello,I have been researching stafus Forex market for about forex demo vs real account status months to a year now. During this period I was learning basics, and I was trading on a demo account with FXDD.com.Over the past 2 months I have employed an expert adviser that has had a lot of success ral on my demo account has made 5 to thousand dollars a month. Now I am going to finish testing my third month, and then if it continues this success I am going to go with a real account.The problem I am having is while being on forums, I have encountered many facts and rumors that trading in a Demo account is nothing statuw trading in a real account.

Some say you should never trade a real account until you become profitable with a demo. Others will say demos are worthless just open a real account and be done with it.Well I am a middle of the road kind of guy here.Let me explain:I do believe that there is value in using a demo account. But I believe that people do not understand how thSimilar Threadsdemo account and live account differ in slippage. Dear friendsI have ranted and raved in the past about making losses in the past.

But I went to a personal development course last weekend, and I made some key discoveries. They seem rather profound to me, but might appear very routine to you.1. Making losses in forex trading was my fault. The fault was mine. Most importantly, poor risk management on my part.2. Human emotions play such an important part. When I started, I had confidence. Yet, why I made losses statu forex was also because I was so scared about making losses, that I made my losses real.

My trades go over a period of 10-15 minutes usually. Hi,I am a newbie and would like to know how differnt it is to trade on LIVE account compared to a demo aside from the fact that with LIVE you are dealing with real money and you become more cautious.thankssam. Technicall differences are:Live accounts. pricing feeds are streaming and as acurate or close to the real market as possible.Demo account, price feeds may be lagging or out.




Forex demo vs real account status

Forex demo vs real account status