double my demo
Mar 13, 2013 at 11:32
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12 Replies
Member Since Mar 12, 2013
2 posts
Mar 13, 2013 at 11:32
hi i am new to this site though i have been demo trading for a little while. my goal or plan is to double my demo from initial $500 to $1000 in a month within $50. i have been doing pretty well on a demo with which i learned a system i like to use and did it on that one not to long ago but now am using this site and the new demo to do 2 things, first is to get comments and/or constructive critisism on how i am doing and the second is to keep a track of my trading not just on paper and see more than just the reports.
Member Since Mar 03, 2013
321 posts
Mar 13, 2013 at 15:23
do it using $50 to $100 within an real account so you will get the right feeling too...
good luck... I´m on my way
good luck... I´m on my way
Geht Nich Gibt´s Nich
Member Since Mar 12, 2013
2 posts
Mar 14, 2013 at 07:20
i will say that i trade the demo the same way i would on a live account to me the demo is to prove if what you would do on a live account would truly work, otherwise there to me is no point in even doing a demo any other way cause if you look at it like it is real then you would do the same thing on a live the you would on a demo. just my thought process on demos
Member Since Mar 03, 2013
321 posts
Mar 14, 2013 at 07:34
man, it´s different, a whole lot different...
if you burn play money at demo it doesnt hurt
if you go into DD at demo it dont hurt....
do this within an real account and you know what I mean....
just experience of 5 years....
if you burn play money at demo it doesnt hurt
if you go into DD at demo it dont hurt....
do this within an real account and you know what I mean....
just experience of 5 years....
Geht Nich Gibt´s Nich
Member Since Apr 25, 2012
285 posts
Mar 14, 2013 at 07:45
You can double the money in certain time period using martingales and grids and other techniques but........
you should also look on the other side whenever you try to gain more you risk more so chances to for your account to die are even more. However if you classical gambler and want to take that risk and you understand the pain you have to feel if lost and still believe that you want to do it then you should go for it.
Demo and Real are not different, expect spreads delayed executions and commissions .
you should also look on the other side whenever you try to gain more you risk more so chances to for your account to die are even more. However if you classical gambler and want to take that risk and you understand the pain you have to feel if lost and still believe that you want to do it then you should go for it.
Demo and Real are not different, expect spreads delayed executions and commissions .
Member Since Mar 03, 2013
321 posts
Mar 14, 2013 at 07:49
Man, trade both and you see.....
you look like a new trader with not a lot experience so if
you never drove a car dont tell me how to do it....
but I wish you good luck
you look like a new trader with not a lot experience so if
you never drove a car dont tell me how to do it....
but I wish you good luck
Geht Nich Gibt´s Nich
Member Since Apr 25, 2012
285 posts
Mar 14, 2013 at 08:00
(edited Mar 14, 2013 at 08:00)
i have traded both , and i don't use martingales
Am just telling the fact that the difference between the Demo and Real is in the traders mind , market doesn't care about small money as much we trade , and it doesn't care we win or loose.
Every trader should make its decision and go with them , my advice is to risk low.
Am just telling the fact that the difference between the Demo and Real is in the traders mind , market doesn't care about small money as much we trade , and it doesn't care we win or loose.
Every trader should make its decision and go with them , my advice is to risk low.
Member Since Mar 03, 2013
321 posts
Mar 14, 2013 at 08:04
yep, now you said the missing point
not about the system u use
its in the mind and that is called emotion...
XharpScalper wish you always good trading
not about the system u use
its in the mind and that is called emotion...
XharpScalper wish you always good trading
Geht Nich Gibt´s Nich
Member Since Apr 25, 2012
285 posts
Mar 14, 2013 at 08:06
Thank you wish you good luck too.
Member Since Mar 03, 2013
321 posts
Mar 14, 2013 at 08:19
😎
Geht Nich Gibt´s Nich
Mar 21, 2013 at 07:27
Techie1988 posted:
hi i am new to this site though i have been demo trading for a little while. my goal or plan is to double my demo from initial $500 to $1000 in a month within $50. i have been doing pretty well on a demo with which i learned a system i like to use and did it on that one not to long ago but now am using this site and the new demo to do 2 things, first is to get comments and/or constructive critisism on how i am doing and the second is to keep a track of my trading not just on paper and see more than just the reports.
I doubled my demo in 1 week. Easily done for an experienced Trader, though hard for a beginner. I took minimal risk, initial account Balance was $200, using 0.2 lot size per trade and aiming for 100pips and keeping SL at 20pips will double a mini account within 1 month or 1 week catching a good trend.
Never trade without SL...
Accurate "Money Management" Eliminates Account Blowup / Managed Entry Prevents hiting "Stop Losses" / Calculated "Trailing Stops" Keeps Position intact / Watch your "Take Profit" takes care of it Self...
Member Since Jun 10, 2013
7 posts
Jun 18, 2013 at 09:54
Techie1988 posted:\
i will say that i trade the demo the same way i would on a live account to me the demo is to prove if what you would do on a live account would truly work, otherwise there to me is no point in even doing a demo any other way cause if you look at it like it is real then you would do the same thing on a live the you would on a demo. just my thought process on demos
yes if one gets success in demo account he can try live account and do trading
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