Why demo and live trading different?

[Hendadda]

I would say that it depends on your attitude, a lot of fresh traders they start with demo account and take it easy, so they do not use emotions that much because they don’t risk with real money. You can start with demo and don’t really use any strategy and live account comes with live money and live risks.

 

[Luke Hansen]

one random question

Many new babies have common question why is it so important to spend adequate timing in demo trading account. They must know the importance of demo trading account in their knowledge acquisition process. A foreign currency exchange trader should recognize the fact that it is the demo account that can help him to get basic understanding of market fearing the risks that he may lose his hard earned capital here.

 

[deemac]

Demo trading can be one of the biggest asset for any successful trader so those who wishes to become successful in future should not ignore the importance of practicing a demo account.

 

[anna.semera]

yes right. because demo trading for practice before real trading.

 

[Nosero]

Although demo and real account should have same conditions, trading on demo is specific. This comes from fact that new traders don’t care if they lose money and are using demo as sort of playground. On real account they would not have such option

 

[Poinwan]

Demo trading and real account trading can definitely not be similar because they play different roles. A demo account is meant for a new trader who just wants to understand how forex trading works. A live account is meant for traders who already has experience in the market

 

[Deanna]

Demo is for starters and it is the best way to be familiar with the forex market. A strategy can work for you on demo but fail to work on a live account. Again, you will not feel any risks when trading on demo as compared to live trading because in demo, you use virtue

 

[Hulas]

Demo trading and live trading are obviously different because demo uses virtual money and live account uses real money. You can not feel the risk in demo when using artificial money, since you only feel what touches your pockets. Some strategies can also work on demo and may not work on a live account

 

[Actifast]

why not use sen account?

$1 @ 100sen. Batter then **** demo. Less hart burn then actual dollar account

 

[Shing1985]

The demo accounts simply lets you type in any amount in MT4 / MT5. However, if you plan to go for real, just type the exact amount in the demo, so that you would feel, what to be in the real world.