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Demo vs Live Trading

When most new traders finally switch over from demo to live trading, they usually believe that their demo trading results can easily be replicated on a live account. Because of this misconception, many are left frustrated and demoralised when they finally realise that this is far from the case. Here are a few reasons why:

Real money and real emotions

Demo is risk-free

Chasing losses on a live account

Cutting profits short

We have discussed the main differences between demo and live trading, but will delve further into the psychological barriers when live trading and how to overcome them in a future post. Stay tuned!

BluetonaFX