Why you shouldn't demo trade

This is a discussion on Why you shouldn't demo trade within the General Trading Chat forums, part of the Reception category; Originally Posted by Lee Shepherd Sorry mate but I strongly disagree. You can play games (board or console) as much ...

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Old Sep 2, 2017, 3:30pm   #17
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Originally Posted by Lee Shepherd View Post
Sorry mate but I strongly disagree.

You can play games (board or console) as much as you want but when it comes to being live with cash, people act very differently, people feel very differently.

Nothing can prepare you for losing money like losing money.
That depends on how seriously you take demo losses and how you react to them, if your mind is trained to react to demo as real , any loss will have same impact.

In reality stress responses testosterone and emotions do kick out on live account.
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Old Sep 2, 2017, 3:33pm   #18
 
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Again, sorry mate but to me your post makes very little sense at all.

Only a few people will understand what I mean.
Same here, I am also sorry you cannot understand the beauty of the systematic algorithmic trading,,,
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"If you don't find a way to make money while you sleep, you will work until you die." Warren Buffett, CEO of Berkshire Hathaway.

My number 1 trading rule: EDUCATE YOURSELF!

Before you trade even single penny on the stock market, please spend the time and educate yourself by back testing different trading strategies and ideas - go to eBay and search for "historical stock market data", you can buy 20 years of data for less than $100 - that's all you need to start.
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Old Sep 2, 2017, 3:34pm   #19
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Same here, I am also sorry you cannot understand the beauty of the systematic algorithmic trading,,,
Just cause you use fancy Nick to impress us , we would like to see some real evidence .
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Old Sep 2, 2017, 3:39pm   #20
 
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Originally Posted by foroom lluzers View Post
That depends on how seriously you take demo losses and how you react to them, if your mind is trained to react to demo as real , any loss will have same impact.

In reality stress responses testosterone and emotions do kick out on live account.
Again (with respect) but I disagree.

#notmakingmanyfriendstoday.

Demo does not take money out of your bank account, nor does it have to explain to the wife/husband where the money has gone.

Demo is not real, whether you pretend or feel that it is, it is not and never will be.

You can prepare your mind to be kicked in the balls but until it happens, it is pure speculation and when it does happen, it makes you feel sick.
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Old Sep 2, 2017, 3:46pm   #21
 
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Originally Posted by foroom lluzers View Post
Just cause you use fancy Nick to impress us , we would like to see some real evidence .
I am not here to prove anything to anyone, my two goals are: get new trading ideas (I am always on the lookout, but yet to happen) and give another perspective to the new traders (the old ones are beyond hope, as we can see) and try to protect them from the so called trading educator scammers, which are giving a very bad name of the trading community as a whole...
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"If you don't find a way to make money while you sleep, you will work until you die." Warren Buffett, CEO of Berkshire Hathaway.

My number 1 trading rule: EDUCATE YOURSELF!

Before you trade even single penny on the stock market, please spend the time and educate yourself by back testing different trading strategies and ideas - go to eBay and search for "historical stock market data", you can buy 20 years of data for less than $100 - that's all you need to start.
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Old Sep 2, 2017, 3:53pm   #22
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Again (with respect) but I disagree.

#notmakingmanyfriendstoday.

Demo does not take money out of your bank account, nor does it have to explain to the wife/husband where the money has gone.

Demo is not real, whether you pretend or feel that it is, it is not and never will be.

You can prepare your mind to be kicked in the balls but until it happens, it is pure speculation and when it does happen, it makes you feel sick.
If you had to run a business and had to pay out £40,000 in expenses/losses , how will you cope?
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Old Sep 2, 2017, 4:00pm   #23
 
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If you had to run a business and had to pay out £40,000 in expenses/losses , how will you cope?
You're either avoiding the point or choosing not to understand. And I don't believe that for a moment as by the wording of your posts, you're very intelligent.

In answer to your question, you can plan all you want but until....again this bit is the important bit, until you are in that position, you never know how you will behave.

People are very strange and varied. Many business men report losing their wives as well as their business, which comes first?

Was it the marriage break up that changed the mindset which failed the business or was it the other way round???

These are good questions which most don't actually ever know the answer to as its kind of irrelevant as what has happened has happened. Just as much as the failed business man coming home and blowing his brains out or jumping off a building. Why??? over money?? I bet you a fiver that was never planned nor was it foreseen.
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Old Sep 2, 2017, 4:09pm   #24
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Noob. Even darkie is ahead of you by 3 years, and he's only a math teacher.
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