fxwinner22
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thought you were retiring Linda?
If I had to chose between following someone trading demo or live, then I would follow a trader using demo every time.
hi zup, hows things in malta?
Bunny,
You have me confused saying this ?
If you follow someone using demo then the trades are not real and therefore don't count in my view. Also one of the key issues with demo based results is that when a trade is entered it is usually at the last traded price and the same for exit. In reality this would not happen and it is more likely that for (say a Buy trade) entry price would be at the Ask and exit price would be at the Bid. When using direct access this would still reduce profits by at least 2 pips per trade and probably more. For anyone using spread betting the additional cost would be much higher.
In my view this is one of the main reasons why those who make profits on demo accounts lose when they trade for real. So why is it that you would prefer to follow someone using demo ?
Paul
Long 1.2527
the short eurusd stopped at 1.2528 for -4, personal running total for today so far, -33 pips.
I am now going long at 1.2528 as per the rules for this hour...stop at 1.2499
Bunny
Lambs To The Slaughter With A Bird Brained Trading Plan Like This!
been staying mostly in the UK this year sorting out some stuff, but busy as usual, hows tricks with yer good self ?