Fake demo account!

Joseff · Jun 7, 2011

Everybody knows that double demo account in weeks, is not a problem. What if someone will give you "fake demo account" what is an actually real account. Would be trading results much better?

Ambrose Ackroyd · Jun 7, 2011

Shouldn't the above post be on your "Riddles" thread ?

http://www.trade2win.com/boards/foyer/126526-riddles.html

TheBramble · Jun 7, 2011

Joseff said:
Everybody knows that double demo account in weeks, is not a problem. What if someone will give you "fake demo account" what is an actually real account. Would be trading results much better?

Joseff, only somebody incredibly stupid is going to give a newbie a 'demo' accoun that is real capital.

Ah...

How much?

the hare · Jun 7, 2011

Joseff said:
Everybody knows that double demo account in weeks, is not a problem.

I certainly wouldnt be able to double a demo account in weeks (other than through luck)

What proof do you have that this is true ?

Joseff · Jun 7, 2011

the hare said:
I certainly wouldnt be able to double a demo account in weeks (other than through luck)

What proof do you have that this is true ?

Oh!!! I do want to try this so bad! Take 20 average traders - 10 of them will trade on demo accounts and 10 on real account with the same account balance. I can bet that demo accounts will win this competition.

There is a way for another competition for 20 traders. Give 10 people traders real account and "fake demo account". We I'll have enough money, I'll try this...

Hoggums · Jun 7, 2011

Why? What's the point?

askalas · Jun 8, 2011

Joseff said:
Oh!!! I do want to try this so bad! Take 20 average traders - 10 of them will trade on demo accounts and 10 on real account with the same account balance. I can bet that demo accounts will win this competition.

There is a way for another competition for 20 traders. Give 10 people traders real account and "fake demo account". We I'll have enough money, I'll try this...

In general I think you are absolutely right Joseff - big difference between demo/live because of the psychology aspect of trading. Demo equals more risk willingness than live account. "double demo account in weeks"? Sure, but people don't brag about "blown demo account in a few days".

Joseff · Jun 8, 2011

Psychology Aspect! Yes! I think this is a way to get a degree in psychology. Live trading and demo trading is two different persons. Different decisions, different results, different emotions. That's why I like automated trading.

nunrgguy · Jun 8, 2011

Would you tell them whether it was demo or live?
I think you'd need to do it double blind to be able to have any significance.

Joseff · Jun 9, 2011

nunrgguy said:
Would you tell them whether it was demo or live?
I think you'd need to do it double blind to be able to have any significance.

I'm not sure how I'll make them to believe, but I'll wound out.

DionysusToast · Jun 9, 2011

Hoggums said:
Why? What's the point?

Dunno - perhaps someone has an excess of $$$$

Fake demo account!

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