Why trade in demo not feel any risk??

[Ary Barroso]

I will tell you more, an experienced trader and on a live trading account forgets about the risk. Therefore, traders need a risk Manager-a program or another person.

How good traders can forget on risk reward ratio? Even I see, pro traders are more serious on risk management issue.

 

[DT77]

Because when you're learning you want to make your mistakes with demo money and not real money. Believe me, you will make mistakes....

 

[Ary Barroso]

Because when you're learning you want to make your mistakes with demo money and not real money. Believe me, you will make mistakes....

Who wants to lose money mate? Whatever, it is; demo or live; on one can lose money.

 

[37riched]

Traders don't feel risk on their money when using a demo account because they use virtual money to trade. This is why newbies are advised to start the trade on demo accounts to learn how it works without feeling the pinch. If you want to learn with a bit of risk involved, try mini or cent accounts and you'll feel the risk, though you'll not lose so much as in real trader account

 

[Ary Barroso]

Traders don't feel risk on their money when using a demo account because they use virtual money to trade. This is why newbies are advised to start the trade on demo accounts to learn how it works without feeling the pinch. If you want to learn with a bit of risk involved, try mini or cent accounts and you'll feel the risk, though you'll not lose so much as in real trader account

It’s true; but using a small amount in demo maybe a good option, as I see, big amount of demo doesn’t help much.

 

[new digital]

 

[Ann]

How good traders can forget on risk reward ratio? Even I see, pro traders are more serious on risk management issue.

I did not mean the risk reward ratio, but the relation to the money on the trading account. An experienced trader forgets that this is money. For him, it's just a squiggle in the terminal. Therefore, he is not subject to fear and greed.

 

[Ulacan]

You can't feel any risk when trading on demo because you aren't using your money. Demo money is virtual money, so you stand to lose nothing. That is why some strategies will work for you on demo but won't work in a real account. I you want to feel the risk, you can try a mini account. You'll feel the risk but lose little as compared to the official real account

 

[Marie J Thomson]

The human brain first thinks about its things, and we do not send it to our brain during the demo trading that it is my money, so we are indifferent about it.

 

[Ary Barroso]

The human brain first thinks about its things, and we do not send it to our brain during the demo trading that it is my money, so we are indifferent about it.

That’s the general case; but till now there have few traders who are very serious on demo; and surely they will enjoy the journey of live trading.

 

[ghosttrader]

Clearly because you don't risk with your actual money.. I think in order to become a better trader you need to take responsibility for the mistakes leading to losses and when your own money is on the line, you will do that.

 

[REB_FX]

Clearly because you don't risk with your actual money.. I think in order to become a better trader you need to take responsibility for the mistakes leading to losses and when your own money is on the line, you will do that.

I concur with this, no emotions attached to virtual money.

 

[Ary Barroso]

I concur with this, no emotions attached to virtual money.

Maybe it’s true; but if new traders take the demo as serious as much possible; then definitely demo practice with help to learn Forex. On the other hand, cent type live account is a good alternative.

 

[REB_FX]

Maybe it’s true; but if new traders take the demo as serious as much possible; then definitely demo practice with help to learn Forex. On the other hand, cent type live account is a good alternative.

Demo certainly has a role to play for new traders.
But all too often I hear people say i was winning on demo, but keep losing money when I go live. They don't account for how important their emotions and trading mindset are.

 

[Dictorsto]

There is huge difference between demo and real account and it is not technical but psychological. In demo account trader does not have any feeling that he will lose his actual money, so he does not care much. Loss deal on real account hurts a lot

 

[DT77]

This is true. Real money feels different

 

[Ary Barroso]

This is true. Real money feels different

Yes, it is! But till now demo is the most effective way of learning Forex. But if new traders can’t concentrate in demo, they should practice with cent account.

 

[REB_FX]

A cent account is the best way to start mastering the emotions of live trading and acquiring the correct mindset.

 

[Ary Barroso]

A cent account is the best way to start mastering the emotions of live trading and acquiring the correct mindset.

No doubt; cent account is useful; even I see a number of traders are using this trading account in their early stage of trading.

 

[Helloyees]

I would feel the risk for example anyway. Cause imagine if you are loosing with demo acount sometime than what can be that with real money ? Do you see my point here ? So yes emotions are still here presented with all that, just not that much maybe.