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Live vs demo TE, what's the difference?

Profit of $1 in real account has more value than millions and billions of profit in demo.

Live vs demo TE, what's the difference?

Have you tried creating a Trade Explorer in FF? The trade report gives a lot of valuable stats for the account. I found it very useful.

Maximum Active Drawdown

My opinion : In demo you are not working with ownership of the virtual money. The lots that you are working with involves huge risk as compared to capital. Decrease your lot size and accordingly do it in real accounts . You may see a little ...

Live vs demo TE, what's the difference?

Very clearly explained . Good advice. People can either accept it or ignore it . Its up to them.

Reasons for being a loser master

The results would speak for itself.

Live vs demo TE, what's the difference?

Are there any successful Traders in Forex Factory? I personally know only one trader . He happens to be in my city. He trades for a living. His start is very impressing and I have been inspired by this guy. He started his journey of looking for some ...

Are there any successful Traders in Forex Factory?

What you mention is a general feeling of humans. As the saying goes " The grass is greener on the other side". Some practical scenarios : you are in a queue among many others , you find your line not to be moving as fast as the other lines move. The ...

Live vs demo TE, what's the difference?

acknowledged.

Petty $25-Amount spent every week on Smoking Cigarettes

Good start my friend. I am impressed with your kindness. Keep up your good work

Code your trading strategy for free

Gyanpapi : if you are open to positive criticism , well I have some advise for you to work on immediately. Please have a look at your trade report in your uploaded TE. The max draw down is -88%. (picture attached) A few more pips against you or ...

Bandhab

Risk majorly depends on the nature of investments being played with irrespective of trade strategy or success. If the investment is pocket change then you can apply huge risk on each trade , ie anything between 1% to 20% on one single trade. if it ...

a basic trading rule may be the cause of our trading losses

Excellent saying. There are some people have traded their whole life time without being consistently profitable. Yet there are others who have been consistently profitable at a very early early stage.

Reasons for being a loser master

Risk should be increased is true but that will only depend on confidence in the trading strategy. And this confidence can only be increased by positive real trade statistics. Without good trading results and confidence one should not increase risk.

a basic trading rule may be the cause of our trading losses

Very true observation. For training and testing functionality , demo is fine but for profits only a real account can give statistics that is facts. Anything apart from real accounts is all fiction.

Live vs demo TE, what's the difference?

Excellent observation and assumption which happens to be 100% true.

What is the most important piece of advice you've received?