TheLastBear
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So a real account will?
In a real account you have the opportunity to learn how to trade. That is the only way you will learn.
So a real account will?
In a real account you have the opportunity to learn how to trade. That is the only way you will learn.
open an account with real money and start trading. it can be opened with as little as a few thousand. you will learn much more trading real money than paper trading. find out your pain thresholds in the market.
the real account will give you the real highs and lows of trading, but your demo should be there to test your strategy. ridiculous idea to test your strategy using a real account.
It is ridiculous to test your strategy in a fake account. The only way you will truly find out if you and your strategy work is in a real account, but I understand that most people prefer to play in the sandbox and trade demo...then again most traders fail.
great idea LastBear, fund a real account, lose a grand, start again, lose another grand etc etc how many strategies are there, how many variables within that strategy?
pathetic
You sure are pathetic. Why would you try it with 1K? This just shows that you are not competent to create a strategy which functions. You can test your strategy in a micro-account and it will cost you less than $100. Of course you need to have two functioning brain cells which communicate with each other in order to do so.
Listen, you can fool around in your demo account as long as you want. Nobody asks you to change. I simply disagree with testing a strategy in a fake environment. Only a real account will show you if you and your strategy will be successful.
Because if the money is not large enough to feel it. It is like trade with demo account. You have to feel the lost then the emotions come in.
Because if the money is not large enough to feel it. It is like trade with demo account. You have to feel the lost then the emotions come in.
Cheers.
Interesting.....so different people have a different level of "feel" so for some, it could be a massive figure.....no?
It is like saying one needs to "feel" the pain before one starts to invite the emotions.....a wise person/smart one will know that there will be LOSS/PAIN before he even starts, so why would one want to experience pain as he already know there will be pain? Why place your hand on top of the fire to see how it feels?
And how does getting the "emotions" involved makes any progress in ones thinking? Can one really THINK CLEARLY under the emotions?.....more importantly, does emotions help one to succeed in trading?
NO, emotion don't help you suceed! but it can very much fail you. Most traders failed because fear most of the time. Emotion is my biggest enemy. That is the different between real account and the demo account. the fear and the joy.
Cheers.
I think as long as you feel fear and joy you will continue to fail as a trader. Fear is the lack of knowledge about the market as well as the lack of trust in your strategy.
My opinion after three years of trading experience is that its the trading system which is more important than the amount of money which should be deposited to trade in the forex market.
My opinion after three years of trading experience is that its the trading system which is more important than the amount of money which should be deposited to trade in the forex market.
I don't think so. The more money you have, the more you can diversify, the more losses you can take without abandoning your trading.
More money means a greater staying power. A good trading system is a must, but systems fail, that's why you need a good cushion.