Many traders do the trade in demo account and they are doing quite well, but when they enter in real trade they only face losing? What’s the reason and mistakes which creates this failure?
I think the reason is because in demo account there is no pressure and emotion so we are nothing to lose when trading in demo account but when we trade in real account there is pressure and emotion that make our trading is become bad. Traders often make many mistakes when they are trading on real account. But i think the common mistakes is that they do not set-up stop loss for their transactions. They should trade forex without stop loss because it is the fastest way to lose all money.
I think the reason is because in demo account there is no pressure and emotion so we are nothing to lose when trading in demo account but when we trade in real account there is pressure and emotion that make our trading is become bad. Traders often make many mistakes when they are trading on real account. But i think the common mistakes is that they do not set-up stop loss for their transactions. They should trade forex without stop loss because it is the fastest way to lose all money.