Why the live accounts doesn't works the way demo accounts are shown?

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Milton Neal
Answered 6 months, 4 weeks ago
<p>A trader will succeed on a demo account because firstly there are no emotions attached to the trades, it is easy to open a by or sell position without having to worry if the funds will be depleted or not so even if you lose the funds you not affected, second they temper with their trades you need to use the same mentality when you trade a real account not saying you shouldn't care about your trades just don't temper with a trade you place. A common mistake made by almost all traders is the mistake of opening the same …</p>
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Mildred Owens
Answered 4 days, 15 hours ago
<p id="isPasted">The primary reason for the difference in performance is the human element. In a demo account, a trader can follow their strategy logically and without pressure. In a live account, the fear of losing real money and the greed for higher profits can override a trader's discipline, leading to hasty decisions and deviations from their trading plan.&nbsp;</p><p>A demo account is an excellent educational tool for learning the mechanics of trading and testing strategies without financial risk, but only live trading with real (even if small) capital can prepare a trader for the psychological challenges of the real market.&nbsp;</p>
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