Re: Is the demo and real account 100% same thing?

#11
@samusmus, good points brother. Everyone should know, that the results from demo testing or back testing never will be the same with the results on live. However, if the results on demo or back-test are very good, it will be good reason to try the strategy on live. Just should be kept on mind that the demo / back-test results are only indicative results and they can't promise the same on live :)


Re: Is the demo and real account 100% same thing?

#13
There execution on demo could be a bit different. It is important to keep it in mind while testing your strategies. The broker could have own approach to demo execution, so it is better to find out about it before testing.
By the way, there is an other way of testing possible - backtesting using special software. Sometimes it is better, as it is faster than maniual testing and gives you possibility to check your strategy using your broker`s trading conditions. But it just tests your system, without the influence of pscycological issues.

Re: Is the demo and real account 100% same thing?

#15
Rosan98 wrote:
Tue Nov 26, 2019 4:57 pm
There is no difference between demo and real account except that in a demo account you have virtual money and in a real account you have real money.
That’s right, and this very difference increases the role of emotional play when trading on a real account.


Re: Is the demo and real account 100% same thing?

#16
Torrie8 wrote:
Wed Nov 27, 2019 8:55 pm
Rosan98 wrote:
Tue Nov 26, 2019 4:57 pm
There is no difference between demo and real account except that in a demo account you have virtual money and in a real account you have real money.
That’s right, and this very difference increases the role of emotional play when trading on a real account.
True. It's a challenging task to keep the emotions in check while live trading.

Re: Is the demo and real account 100% same thing?

#17
They are both different when it comes to money, which gives out psychological factors. In the demo account, you are trading with virtual money, so when you are making a loss, you will be just disappointed and let out the sigh. But in real account, you are trading with actual money, so your reaction will be harsher when you make the losses.

Re: Is the demo and real account 100% same thing?

#19
Bettle89 wrote:
Thu Mar 26, 2020 6:11 pm
Well they are not the same. Real money involved, effect of emotions, etc. are some of the differences between these two.
Well said. Since your real funds aren't involved in a demo account, the scene is much different on a real account.

Re: Is the demo and real account 100% same thing?

#20
Joe_5 wrote:
Thu Mar 26, 2020 6:55 pm
Bettle89 wrote:
Thu Mar 26, 2020 6:11 pm
Well they are not the same. Real money involved, effect of emotions, etc. are some of the differences between these two.
Well said. Since your real funds aren't involved in a demo account, the scene is much different on a real account.
That's right!


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