A stupid question

[tonyget]

So they say 90% of traders loss money, successful traders are rare. If that is true, assume you belong to that 90% and blew several accounts already.

Then theoretically, all you need to do to make profit. Is to open two MT4 terminals, one use demo account(or live acc using mini lots) one use live account ,do your regular trading on demo acc and do the exact opposite on live acc. In the end demo acc will blow again but live acc will make profit , yes ?

 

[Alexfx79]

Strange logic, sounds cheating, but it will hardly work
And what if demo wins, but live always loses?

 

[tonyget]

Strange logic, sounds cheating, but it will hardly work
And what if demo wins, but live always loses?

That's essentially what many brokers do : trade against you, only this time you trade against yourself

 

[hayseed]

yes ?

//-----

hey tony ..... no ......

//----

only this time you trade against yourself

//-----

learn to trade with yourself...... that will double your odds of success......h

 

[eyeball]

Won't work-You're losing because your trades are random ( or not following a profitable system or algorithm ) therefore your reverse trades will also be random and consequently yield the same unprofitable kind of result.Individual trades over short time intervals may initially produce profitable short term results but over time the principal of large numbers will wear you out and you will eventually succumb to, at best , a break even condition.

 

[JimTatum]

Because of volatility in Forex, both of the account faced either Profit or Loss.

 

[moheliko]

Statistics are as follows: 3.4% of all traders earn money on Forex.
96% do not receive profit or receive losses.

This is all because the big players trade according to the strategy. They create jumps in prices, the schedule is thought out in advance, so that competitors do not enter into transactions simultaneously with them. False breakdowns, sharp short peaks kill small players.

If you trade at random, then the losing stats will be about 70%, not 50:50. In 30% of cases there will be a profit or 0.
The fact is that you pay for the action, because, 50:50 will not.

 

[GazFx]

Statistics are as follows: 3.4% of all traders earn money on Forex.
96% do not receive profit or receive losses.

This is all because the big players trade according to the strategy. They create jumps in prices, the schedule is thought out in advance, so that competitors do not enter into transactions simultaneously with them. False breakdowns, sharp short peaks kill small players.

If you trade at random, then the losing stats will be about 70%, not 50:50. In 30% of cases there will be a profit or 0.
The fact is that you pay for the action, because, 50:50 will not.

Be careful with these figures. We don't really know whether they relate to individual traders, or the number of accounts that have failed. I would think that many of those successful traders in the 3.4% bracket were once in the 96.6% bracket before they became successful. I have certainly blown my fair share of accounts before reaching profitability, and all these accounts would be included within the losing bracket.

 

[Anthony Lazarus]

One missing picture, and that's mentally.
Mentally, you would trade on your favor in live account and oppose in demo.
And when you trade your favor on live account, that's exactly the same with those who trade live account only.
It's good that you raised such an idea, but the answer is clearly no.
You can trade both accounts, but don't follow opposite lanes. Peace!

 

[DennisCeliv]

I recommend you one good idea:

1-you should open one free swap account, where you BUY you financial instrument
2-open one standart account with swaps and open SELL position with positive swap

So, you have:
One position without swap which lock your next position
The second position will give you after some time positive swap.