Demo Account, Should Not Be Related To A Real Account - page 3.

xSkylarx

hero member

Activity: 2366

Merit: 594

Quote from: Dollar_Hunter on December 17, 2022, 03:18:51 AM

Quote from: crzy on December 16, 2022, 05:47:04 PM

Quote from: Obari on December 09, 2022, 10:50:48 AM

Now my question is
~why can't we relate demo accounts to real accounts
~why do you think people still start making losses on real accounts after long time trading demo successfully

Its normal to have a different result since you are already dealing with the current market situation and yes its expected to have losses even if you already know the trading strategies your goal should not always making profit, your goal should be more effective and consistent because in trading there’s always a bad trade.

Also on the demo account I don't think the situation corresponds to reality,
demo account is just a place to learn so don't take it as a parameter,
for sure when real trading then we will feel the difference

A demo is still related to reality but not the money because it is just a practice also most of the others said that you don't feel anything while trading, unlike the real one where you feel all the stress and pressure which is true but still depends on the trade because there are a trader that doesn't want to risk their money first or has still no confidence so they will try it first and the other one is to feel it and also they can easily learn while using the real account but still it is on trader preference since my preference is trying to demo account before depositing money.

SquallLeonhart

legendary

Activity: 2464

Merit: 1102

Quote from: Mauser on December 17, 2022, 03:33:51 AM

The idea behind a demo account is to make it much easier for you to simulate your trades than having them run in an excel sheet.

I agree that we can learn better with demo accounts compared what we could with excel sheets. Similarly if you trade with small capital in real account then you can learn lots of more real emotional aspects compared what you could with demo accounts. Everything got its own pros and cons and we need to be aware of those limitations and need to act accordingly.

Quote from: Mauser on December 17, 2022, 03:33:51 AM

If you manage to be successful with your demo account than you will also be successful with your real account, just keep following the same strategies.

No, this is not that simple. Demo may provide only outline about the trading environment but the real experience of real account must be completely different. So, if you expect similar results in real account after demo trading then you may face only disappoints and nothing else.

Mauser

hero member

Activity: 2002

Merit: 534

Quote from: Obari on December 09, 2022, 10:50:48 AM

Now my question is
~why can't we relate demo accounts to real accounts
~why do you think people still start making losses on real accounts after long time trading demo successfully

A demo account is as close as it can get to real trading without risking any of your money. Trying out new strategies on a demo account is a good idea in my opinion and I would always go back to checking strategies out of sample if I am not fully convinced that they work. The idea behind a demo account is to make it much easier for you to simulate your trades than having them run in an excel sheet. During university we were offered a stock trading game by a big bank, where we could run our own portfolio for 6 months without using a real money. With my friends we really like it and where doing quite well. After the event was over we running our own portfolio with real money and where able to continue with our returns. That is why I would say that there is no big difference between a demo account and a real account. If you manage to be successful with your demo account than you will also be successful with your real account, just keep following the same strategies.

Dollar_Hunter

member

Activity: 1078

Merit: 21

COMBONetworkio

Quote from: crzy on December 16, 2022, 05:47:04 PM

Quote from: Obari on December 09, 2022, 10:50:48 AM

Now my question is
~why can't we relate demo accounts to real accounts
~why do you think people still start making losses on real accounts after long time trading demo successfully

Its normal to have a different result since you are already dealing with the current market situation and yes its expected to have losses even if you already know the trading strategies your goal should not always making profit, your goal should be more effective and consistent because in trading there’s always a bad trade.

Also on the demo account I don't think the situation corresponds to reality,
demo account is just a place to learn so don't take it as a parameter,
for sure when real trading then we will feel the difference

Rengga Jati

hero member

Activity: 2156

Merit: 670

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Obari on December 09, 2022, 10:50:48 AM

~why can't we relate demo accounts to real accounts
~why do you think people still start making losses on real accounts after long time trading demo successfully

Demo account is only a demo,
Do youbthink tjat the nominal in your deko account is your real money? No, mate. Talhat is not a real asset, it is a demo. the point is that this demo account is used as a simulation for training, especially for newbies. The features are the same but the money in the demo account is not our real asset. but only as a nominal for us to learn trading on the demo account. So, of course, the assets in the demo account cannot be connected to the exchange's original account.

The condition in the demo account and real market is quite different because of its real time market changing, so the condition kay be different.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: kamvreto on December 16, 2022, 06:08:07 PM

But when we are faced with real trading, psychology begins to be burdened because there is money at stake,

Since it's now real trades and real money is now at risk, that affects the person's serious approach different from what they experienced during demo trading.

The enjoyment, comfort, and risk-free experience in demo trading are not present now in real trades that's why new traders began not focusing on their goals.

They should think that trading is not that easy to do but on the bright side, can deal with the right strategy as long they are serious about building a good trading experience. Losing is part of the game and even professional ones still lose today. What matter there is, they learn after losses and try to minimize it as they progress.

kamvreto

legendary

Activity: 1974

Merit: 1157

MAaaN...!! CUT THAT STUPID SHIT

Quote from: crzy on December 16, 2022, 05:47:04 PM

Quote from: Obari on December 09, 2022, 10:50:48 AM

Now my question is
~why can't we relate demo accounts to real accounts
~why do you think people still start making losses on real accounts after long time trading demo successfully

Its normal to have a different result since you are already dealing with the current market situation and yes its expected to have losses even if you already know the trading strategies your goal should not always making profit, your goal should be more effective and consistent because in trading there’s always a bad trade.

Bad trades are part of the trading process that will allow one to avoid these bad trades in the future.
But when we are faced with real trading, psychology begins to be burdened because there is money at stake, if initially only using a demo account then there are no worries about losing the money.
and the difference between a demo account and a real account is that it lies in liquidity, on a demo account there is no liquidity at all because we are only trading alone while on a real account there will be liquidity because many people are also trading.
In trading on a demo account, the main goal is to prepare a trading plan that will be used in real trading, not just a matter of profit, because profit is based on psychology which only exists in real trading.

crzy

full member

Activity: 2128

Merit: 180

Quote from: Obari on December 09, 2022, 10:50:48 AM

Now my question is
~why can't we relate demo accounts to real accounts
~why do you think people still start making losses on real accounts after long time trading demo successfully

Its normal to have a different result since you are already dealing with the current market situation and yes its expected to have losses even if you already know the trading strategies your goal should not always making profit, your goal should be more effective and consistent because in trading there’s always a bad trade.

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: Fredomago on December 16, 2022, 05:12:16 PM

Quote from: Hamphser on December 16, 2022, 04:44:19 PM

Quote from: doomloop on December 16, 2022, 04:04:33 PM

Quote from: bitgolden on December 12, 2022, 01:38:09 AM

you need to be careful while trading in demo then same practice will be possible in real trading. Accept losses and try to avoid them in next trade even in demo trading which means you should feel like those fake money is also limited hence you need to be careful while risking them.

I have same thoughts. Demo accounts are useful if we practice with it by imagining like we are trading in real environment. It is highly possible for all the traders if they want to learn all the tricks of cryptocurrency trading for free of cost. Those people who are ready to spend their hard earned money, may find demo accounts not useful as they are ready to learn with the help of real account with real capital.

Honestly I have practiced on demo mode for lots of technical tools to find which combinations are good to go with and then I applied the same which again got be profits in real market as well.

It is really just for practice and trying out to hone your skills and awareness about technical aspects and other terms which you would really be needing to familiarize one.Not all people would really be that

having a time but rather directly involved and engage trading with using with real or live account.I could say that it wont really be that a bad idea since what matter most on here is on how
you do make yourself learn no matter what way or method you would really be that using.Demo account is really good if you do just know on how to learn up everything.
Although you would really be missing out that emotional kind of aspect on which you cant really be able to mold and practice out when you do involved with demo
unlike when you are dealing with live.This is why it is really much better if you do go live directly for you to be that scared and mindful on every actions you would made.

That's how things should be differentiated, demo account is a good place to learn and practice different patterns before you engaged yourself using a live account, though there's an emotion gap in between which is very important when dealing in this kind of business, real account means you are using your hard earned money and that's the difference, when using your money you are being hold by your emotions unlike with demo account where you can simply adjust and change the patterns each time you feel that it's not favoring you.

No money involve that will be at risk when using demo, while with a live account every action impacts your decision making, every movement inside the market will create emotions that will affect you.

But i agree on what Hamphser said that there are people who do start up directly on using their real money and doesn't intend on touching up demo trades.Just like me on where i had start up
directly with trading on binance, yes of course it is really that hard since you dont have the idea on what are those things listed or shown on the chart. This is why i had made out some
research at the same time i do make trades about terminologies and other stuffs which i had gradually be able to gain and learn up those things which it does
really depend on how you would be applying those knowledge on something that you are currently dealing with.

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: Hamphser on December 16, 2022, 04:44:19 PM

Quote from: doomloop on December 16, 2022, 04:04:33 PM

Quote from: bitgolden on December 12, 2022, 01:38:09 AM

you need to be careful while trading in demo then same practice will be possible in real trading. Accept losses and try to avoid them in next trade even in demo trading which means you should feel like those fake money is also limited hence you need to be careful while risking them.

I have same thoughts. Demo accounts are useful if we practice with it by imagining like we are trading in real environment. It is highly possible for all the traders if they want to learn all the tricks of cryptocurrency trading for free of cost. Those people who are ready to spend their hard earned money, may find demo accounts not useful as they are ready to learn with the help of real account with real capital.

Honestly I have practiced on demo mode for lots of technical tools to find which combinations are good to go with and then I applied the same which again got be profits in real market as well.

It is really just for practice and trying out to hone your skills and awareness about technical aspects and other terms which you would really be needing to familiarize one.Not all people would really be that

having a time but rather directly involved and engage trading with using with real or live account.I could say that it wont really be that a bad idea since what matter most on here is on how
you do make yourself learn no matter what way or method you would really be that using.Demo account is really good if you do just know on how to learn up everything.
Although you would really be missing out that emotional kind of aspect on which you cant really be able to mold and practice out when you do involved with demo
unlike when you are dealing with live.This is why it is really much better if you do go live directly for you to be that scared and mindful on every actions you would made.

That's how things should be differentiated, demo account is a good place to learn and practice different patterns before you engaged yourself using a live account, though there's an emotion gap in between which is very important when dealing in this kind of business, real account means you are using your hard earned money and that's the difference, when using your money you are being hold by your emotions unlike with demo account where you can simply adjust and change the patterns each time you feel that it's not favoring you.

No money involve that will be at risk when using demo, while with a live account every action impacts your decision making, every movement inside the market will create emotions that will affect you.

Hamphser

sr. member

Activity: 2604

Merit: 339

Vave.com - Crypto Casino

Quote from: doomloop on December 16, 2022, 04:04:33 PM

Quote from: bitgolden on December 12, 2022, 01:38:09 AM

you need to be careful while trading in demo then same practice will be possible in real trading. Accept losses and try to avoid them in next trade even in demo trading which means you should feel like those fake money is also limited hence you need to be careful while risking them.

I have same thoughts. Demo accounts are useful if we practice with it by imagining like we are trading in real environment. It is highly possible for all the traders if they want to learn all the tricks of cryptocurrency trading for free of cost. Those people who are ready to spend their hard earned money, may find demo accounts not useful as they are ready to learn with the help of real account with real capital.

Honestly I have practiced on demo mode for lots of technical tools to find which combinations are good to go with and then I applied the same which again got be profits in real market as well.

It is really just for practice and trying out to hone your skills and awareness about technical aspects and other terms which you would really be needing to familiarize one.Not all people would really be that

having a time but rather directly involved and engage trading with using with real or live account.I could say that it wont really be that a bad idea since what matter most on here is on how
you do make yourself learn no matter what way or method you would really be that using.Demo account is really good if you do just know on how to learn up everything.
Although you would really be missing out that emotional kind of aspect on which you cant really be able to mold and practice out when you do involved with demo
unlike when you are dealing with live.This is why it is really much better if you do go live directly for you to be that scared and mindful on every actions you would made.

Raflesia

hero member

Activity: 2282

Merit: 560

_""""Duelbits""""_

Quote from: Yamifoud on December 15, 2022, 04:11:58 PM

Quote from: Raflesia on December 15, 2022, 12:38:14 PM

This is important because when I look at the demo account and the real account, I personally feel different things because I only use this demo account to play games, regardless of anything being there, clearly without any emotion.
Unlike the view when we are on a real account. This is very much different from feelings because sometimes you are afraid to do something and other worries always come.

We become emotionless because we don't care if ever we lose as we don't use money from our pocket, unlike if we are using a real account. We can take the risk to the highest level without any hesitation and become aggressive which is not really or barely happen when are do an actual trade.

Quote

I've tried a few months in daily trading and for now I seem to be too cowardly for that and prioritize long-term investments over day trading.

At this time, we need security and profit assurance which certainly could affect our decision and mindset. Fear and doubts increase especially if we suffer losses which we never find this feeling while using a demo account.

This is the point because when I say Demo this is just an experiment in my opinion and I'm not too ambitious with it so emotions are an important factor that makes us have high emotions and adrenaline when we really feel like we are going to lose or gain something but when we are on a demo account we didn't lose anything so we couldn't get serious there I think it's quite reasonable.

On the other hand, during the current conditions, being careful is an important factor, but basically I don't really like trading right now because in my opinion, for myself personally I don't fit there and I don't have qualified qualifications in trading so it's more well I'm on a long term investment.

Ziskinberg

hero member

Activity: 3010

Merit: 666

Quote from: Obari on December 09, 2022, 10:50:48 AM

Now my question is
~why can't we relate demo accounts to real accounts
~why do you think people still start making losses on real accounts after long time trading demo successfully

If you are profiting when using a demo account, it seems not impossible that you can't be profitable in actual trading. In fact, you can copy what you did and do it in actual trading.

- you already have the strategies
- you already have knowledge
- you already have experience
These are good enough to start doing actual trading. But if you will still fail, there might have a problem in your decision-making. You really have to make a deal of it otherwise, you will go back to the demo account and stay there.

doomloop

hero member

Activity: 2408

Merit: 584

Quote from: bitgolden on December 12, 2022, 01:38:09 AM

you need to be careful while trading in demo then same practice will be possible in real trading. Accept losses and try to avoid them in next trade even in demo trading which means you should feel like those fake money is also limited hence you need to be careful while risking them.

I have same thoughts. Demo accounts are useful if we practice with it by imagining like we are trading in real environment. It is highly possible for all the traders if they want to learn all the tricks of cryptocurrency trading for free of cost. Those people who are ready to spend their hard earned money, may find demo accounts not useful as they are ready to learn with the help of real account with real capital.

Honestly I have practiced on demo mode for lots of technical tools to find which combinations are good to go with and then I applied the same which again got be profits in real market as well.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Raflesia on December 15, 2022, 12:38:14 PM

Quote from: Oilacris on December 14, 2022, 05:35:42 PM

Quote from: inthelongrun on December 14, 2022, 12:40:54 PM

This is just like the saying that talk is cheap. In demo accounts, we can make it grow using technical and fundamental analysis. What is missing though is the psychological effects which is part of trading. That is why I am not really a fan of demo accounts. I tested some of my strategies before by simply basing them on past candles and trends. And I would rather trade small in a real account like $100 rather than do demo trades. We can always start small in order to avoid our emotions affecting our trade analysis.

Not only psychological but also with emotional aspect where it does really play a big part when you do make out some trading decision.It isnt something that you would really be needing to forget.
You cant really make yourself to be that a good trader if you havent been able to mold this part because aside from knowledge, you would be still needing to enhance your emotion.
When you are practicing with demo trading then its something that really very hard just because you do find yourself that too missing the main aspects which
it is really need to be practiced and this is why i do prefer on doing live trading.

This is important because when I look at the demo account and the real account, I personally feel different things because I only use this demo account to play games, regardless of anything being there, clearly without any emotion.
Unlike the view when we are on a real account. This is very much different from feelings because sometimes you are afraid to do something and other worries always come.
I've tried a few months in daily trading and for now I seem to be too cowardly for that and prioritize long-term investments over day trading.

Demo accounts have their uses as they can be used as a way to test new strategies without risking your capital, this way you can learn what works on the markets and what does not work as well, however it is undeniable that demo accounts have their limitations as well, and one of the most obvious one is that since you are not using real money you do not feel the fear or the anxiety that trading with real money can cause you, so this should always be taken into account when we are trading with demo accounts.

Yamifoud

hero member

Activity: 2828

Merit: 518

DGbet.fun - Crypto Sportsbook

Quote from: Raflesia on December 15, 2022, 12:38:14 PM

This is important because when I look at the demo account and the real account, I personally feel different things because I only use this demo account to play games, regardless of anything being there, clearly without any emotion.
Unlike the view when we are on a real account. This is very much different from feelings because sometimes you are afraid to do something and other worries always come.

We become emotionless because we don't care if ever we lose as we don't use money from our pocket, unlike if we are using a real account. We can take the risk to the highest level without any hesitation and become aggressive which is not really or barely happen when are do an actual trade.

Quote

I've tried a few months in daily trading and for now I seem to be too cowardly for that and prioritize long-term investments over day trading.

At this time, we need security and profit assurance which certainly could affect our decision and mindset. Fear and doubts increase especially if we suffer losses which we never find this feeling while using a demo account.

len01

hero member

Activity: 1330

Merit: 585

Leading Crypto Sports Betting & Casino Platform

Quote from: Obari on December 09, 2022, 10:50:48 AM

~why can't we relate demo accounts to real accounts

because the demo account uses fake money or fake funds.
and a real account using real funds or real money. so it is very different and can not be connected

Quote from: Obari on December 09, 2022, 10:50:48 AM

~why do you think people still start making losses on real accounts after long time trading demo successfully

because of a change in mindset and a little psychological change.

a person uses fake funds in a demo account, he will not feel a loss if he loses a few dollars if something goes wrong while trading. so that the mind is calm without emotion when trading which will generate profits.
but when someone uses real money when trading, they will always be afraid to take the next step to get bigger profits and the fear of losing money causes the mind to become uncomfortable and unfocused when trading.
So, psychological changes when trading from a demo account to a real account will be very influential.

Raflesia

hero member

Activity: 2282

Merit: 560

_""""Duelbits""""_

Quote from: Oilacris on December 14, 2022, 05:35:42 PM

Quote from: inthelongrun on December 14, 2022, 12:40:54 PM

This is just like the saying that talk is cheap. In demo accounts, we can make it grow using technical and fundamental analysis. What is missing though is the psychological effects which is part of trading. That is why I am not really a fan of demo accounts. I tested some of my strategies before by simply basing them on past candles and trends. And I would rather trade small in a real account like $100 rather than do demo trades. We can always start small in order to avoid our emotions affecting our trade analysis.

Not only psychological but also with emotional aspect where it does really play a big part when you do make out some trading decision.It isnt something that you would really be needing to forget.
You cant really make yourself to be that a good trader if you havent been able to mold this part because aside from knowledge, you would be still needing to enhance your emotion.
When you are practicing with demo trading then its something that really very hard just because you do find yourself that too missing the main aspects which
it is really need to be practiced and this is why i do prefer on doing live trading.

This is important because when I look at the demo account and the real account, I personally feel different things because I only use this demo account to play games, regardless of anything being there, clearly without any emotion.
Unlike the view when we are on a real account. This is very much different from feelings because sometimes you are afraid to do something and other worries always come.
I've tried a few months in daily trading and for now I seem to be too cowardly for that and prioritize long-term investments over day trading.

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: Oilacris on December 14, 2022, 05:35:42 PM

Quote from: inthelongrun on December 14, 2022, 12:40:54 PM

This is just like the saying that talk is cheap. In demo accounts, we can make it grow using technical and fundamental analysis. What is missing though is the psychological effects which is part of trading. That is why I am not really a fan of demo accounts. I tested some of my strategies before by simply basing them on past candles and trends. And I would rather trade small in a real account like $100 rather than do demo trades. We can always start small in order to avoid our emotions affecting our trade analysis.

Not only psychological but also with emotional aspect where it does really play a big part when you do make out some trading decision.It isnt something that you would really be needing to forget.
You cant really make yourself to be that a good trader if you havent been able to mold this part because aside from knowledge, you would be still needing to enhance your emotion.
When you are practicing with demo trading then its something that really very hard just because you do find yourself that too missing the main aspects which
it is really need to be practiced and this is why i do prefer on doing live trading.

Being keen in learning will enahnce and established best practices during demo but still the emotions that will drives you differently when it comes to a real money or real trade that compose of your real investment, all can be done but the outcome is different from one take to another, when you already experiencing real losses in your money then you will realized that there are always emotions that you needed to work on and it won't be easy but still doable if you really wanted to succeed from this field.

Live trade will teach you everything, but mostly in the part where you needed to play with the right emotions during your decision making.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: inthelongrun on December 14, 2022, 12:40:54 PM

This is just like the saying that talk is cheap. In demo accounts, we can make it grow using technical and fundamental analysis. What is missing though is the psychological effects which is part of trading. That is why I am not really a fan of demo accounts. I tested some of my strategies before by simply basing them on past candles and trends. And I would rather trade small in a real account like $100 rather than do demo trades. We can always start small in order to avoid our emotions affecting our trade analysis.

Not only psychological but also with emotional aspect where it does really play a big part when you do make out some trading decision.It isnt something that you would really be needing to forget.
You cant really make yourself to be that a good trader if you havent been able to mold this part because aside from knowledge, you would be still needing to enhance your emotion.
When you are practicing with demo trading then its something that really very hard just because you do find yourself that too missing the main aspects which
it is really need to be practiced and this is why i do prefer on doing live trading.

Topic: Demo Account, Should Not Be Related To A Real Account - page 3. (Read 959 times)