oildaytrader
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every time I trade using a demo account I consistently win. I am picking the right trades and letting them run long enough.
however, when it comes to real accounts I keep losing. this maybe becasue I don't have the large margin thats in the demo account, but it also appears to be psychological as its MY money so more is on the line !
I am questioning the usefulness of demo accounts as on paper it sounds a good idea but in real life its not as easy.
has anyone found a way of getting rid of the emotions and trading live as if it was a demo ?!?
Demo accounts conditions are not the same as real market conditions.They suffer liquidity factors ,broker games like spread widening and bucket shop tactics.
http://forum.alpari.co.uk/thread6024.html
http://www.trade2win.com/boards/metatrader/74696-metatrader-bucket-shops.html
On live accounts a trader is dealing with a dealing desk with slippage,execution delays and other real live factors , as opposed to a demo feed which gives instant fills without real market conditions..
http://www.trade2win.com/boards/forex-brokers/75944-dealing-desk-brokers-avoid-them.html
The best way to remove emotions and human inefficiencies is to automate your trading strategy.