Novice traders are often advised to
Опубликовано: 2025-02-10 15:58:36
often advised to start with demo trading.
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Indeed, on a demo account you can hone basic skills, develop a trading plan, conduct proper risk management without losing your hard-earned money
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As soon as a beginner reaches a permanent profit on a demo account, he decides to start a real trade. After all, he has already learned everything and earn real money is not difficult ... Or not?
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The dreams of new traders are breaking on the rocks of reality: it is not so easy to make thousands of profits on a real account. Some are very upset about this ... And here's why:
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1. Real money = real emotions.
Of course, traders try to be unemotional. But it is impossible to completely eliminate human emotions. The higher the vulnerability to emotions, the more real money is at risk.
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Compare your feelings during the opening of the first transaction on the demo and the first transaction on a real account. Feel the difference?
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2. There is no real financial risk on the demo version.
Even if you try to consider your demo account as real, the truth is that there is no real financial risk.
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Even if you made a lot of mistakes in the demo account, it may be comforting that you can easily start all over again.
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3. The temptation to commit trade sins is stronger in real trading.
Real risk makes you invest emotionally in the results of transactions.
As a result, the temptation to return to their bad trading habits will become much stronger. For example, transferring stop loss or early termination of winning trades.
⠀
For some traders, the desire to prove that their real accounts can be as profitable as the demo can even lead to new problems, such as completely ignoring their trading plans or too much trading.
⠀
HOW TO HANDLE THIS?
⠀
A good way, but not easy: try to transfer your mental state of insensitive trading from a demo account to a real one.
⠀
Focus on the process, not profit. Trade only the money that you can afford to lose.
⠀
The transition from demo to real trading is difficult and often leads to losses at first. Be careful and be confident.
⠀
Indeed, on a demo account you can hone basic skills, develop a trading plan, conduct proper risk management without losing your hard-earned money
⠀
As soon as a beginner reaches a permanent profit on a demo account, he decides to start a real trade. After all, he has already learned everything and earn real money is not difficult ... Or not?
⠀
The dreams of new traders are breaking on the rocks of reality: it is not so easy to make thousands of profits on a real account. Some are very upset about this ... And here's why:
⠀
1. Real money = real emotions.
Of course, traders try to be unemotional. But it is impossible to completely eliminate human emotions. The higher the vulnerability to emotions, the more real money is at risk.
⠀
Compare your feelings during the opening of the first transaction on the demo and the first transaction on a real account. Feel the difference?
⠀
2. There is no real financial risk on the demo version.
Even if you try to consider your demo account as real, the truth is that there is no real financial risk.
⠀
Even if you made a lot of mistakes in the demo account, it may be comforting that you can easily start all over again.
⠀
3. The temptation to commit trade sins is stronger in real trading.
Real risk makes you invest emotionally in the results of transactions.
As a result, the temptation to return to their bad trading habits will become much stronger. For example, transferring stop loss or early termination of winning trades.
⠀
For some traders, the desire to prove that their real accounts can be as profitable as the demo can even lead to new problems, such as completely ignoring their trading plans or too much trading.
⠀
HOW TO HANDLE THIS?
⠀
A good way, but not easy: try to transfer your mental state of insensitive trading from a demo account to a real one.
⠀
Focus on the process, not profit. Trade only the money that you can afford to lose.
⠀
The transition from demo to real trading is difficult and often leads to losses at first. Be careful and be confident.
