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
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