Differentiate Practice VS Trading
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  1. #1
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    Differentiate Practice VS Trading

    Hi Everyone!

    It's been a time since i have written any thread, so today allow me to let me introduce a different mindset here. I do hope you great conversation will make it more interesting , so let's get started.
    So Story begins, we want to trade for what ? of course for the sake of the money and here guru mantra or let's say thousands old traders do told hey do practice OPEN demo account and bash it with the tons of profit ? i do know you can't resist to agree. But clearly i think we are fooling around our self , of course there is no exact data we can extract from anywhere, but for sure the number of noob trader even though those who done so CALLED practice they still lagging ! Lagging what , working from hand to mouth to just grab few pips profit , making a plan grab this much multiply by week and then 4 weeks HURRAH i would probably make SIX figures ($).
    All seem to be set , but i don't tell here what noobs do experience in the END they lost more and there could be several reason behind it and i don't want to go into that dept cause i want to stay relevant with the SUBJECT, so where was the PRACTICE?

    I mean to say if practice was certificate go and do real trading then why problem occur? Well i would say don't treat the Forex as the SPORTS.. What ? what i am saying SPORTS? Well yes sport , this is not sports as you assume , because sports are basically done with prior practice ? and same function in the practice has to be done in the real game right ?

    Wow actually this is what happened in SPORTS - get the knowledge - use the playground - get tactics - now repeat it, but my dear fellows trading is different phoneme , it's not what you assume by practice.

    I am not against the practice neither saying don't do it, of course i many times even suggest do practice but what i am trying to deliver is that don't expect practice replication in the real trading

    Real trading is totally different thing at least quite different from Sports where only player influence while in trading , many things does affect on the market.

    So here i am gonna close this subject from my perspective i just want to told go beyond the practice, Practice isn't key for the success.

    Join discussion below and write down what's you think agree with me or not agree with me or rather any other thing you might want to add for others fellows

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    You have a great point, well, I don't agree totally to it. I know that the demo trading account trading is different, that way the emotions is not there and also you get free money. But with the little experience I have got, most demo practice are not done with discipline.

    For example, you trade on the demo account with 5000 dollars and invest 500 dollars in the real account, such will not work.

    One could reduce the virtual money in demo account to the amount he intend investing after learning and practising and practice the same exact way he would trade on the real account on the demo account.

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    All the peoples and traders know that practice make perfect. So I can tell differentiate practice is best than trading. But trading is really most important for us. So I can tell two things are most important for us. We also need practice and trading all the time in forex.

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    Quote Originally Posted by sharegistFX View Post
    You have a great point, well, I don't agree totally to it. I know that the demo trading account trading is different, that way the emotions is not there and also you get free money. But with the little experience I have got, most demo practice are not done with discipline.

    For example, you trade on the demo account with 5000 dollars and invest 500 dollars in the real account, such will not work.

    One could reduce the virtual money in demo account to the amount he intend investing after learning and practising and practice the same exact way he would trade on the real account on the demo account.
    yes if trader come in this trade with knowledge then they are sustain in this business and so have practice make you perfect when u find a good strategy to it then u must try to your demo not 1 time like 5 to 10 time check with different pairs then you know thats you are good now then you go into your liive account this is better thing you got in otherwise you loss money...

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    Here i got first follower here
    So did i said i am against the demo ? I am just saying the concept in itself doesn't make success
    Rather you even trade demo with $100 or with your own $10 , point is that there is no practice there is constant evolving in the market , as much you're better to grasp that much you can get .

    My thread totally not bias just demo practice or demo free accounts. It's about your practice biased words aren't sure you gonna rock.

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    Quote Originally Posted by Gamer View Post
    Here i got first follower here
    So did i said i am against the demo ? I am just saying the concept in itself doesn't make success
    Rather you even trade demo with $100 or with your own $10 , point is that there is no practice there is constant evolving in the market , as much you're better to grasp that much you can get .

    My thread totally not bias just demo practice or demo free accounts. It's about your practice biased words aren't sure you gonna rock.
    I understand your point correctly, And I am not saying you are against the demo trading. You know, history repeats its self and I have got to experience that in the market, some months will be a bad month wherein you don't get to see a good entry to trade, that way you just have to be patient.

    My point being that, when one has learned on the demo and was able to have three straight winning, one has to be disciplined only to trade on real trading account the way he has done on demo.

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    Quote Originally Posted by Gamer View Post
    I mean to say if practice was certificate go and do real trading then why problem occur? Well i would say don't treat the Forex as the SPORTS.. What ? what i am saying SPORTS? Well yes sport , this is not sports as you assume , because sports are basically done with prior practice ? and same function in the practice has to be done in the real game right ?
    Sir what I believe is we do demo trading for practice and we do trading in a real account. The saying always hold good that practice makes us better and hence with the demo practice we really find a lot of help when we start the real trading. So prcount is the certificate to start real trading but not the certificate of a successful trader. We have to continue our learning and that is above all from experience while trading in real account.

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    When we want to improve our trading skill then we join demo account this is an account which purely made for practice purpose we done trading just like real one its all features and tools are same like real account so its profit was not a genuine Profit but when we say we trade in real account it's a genuine thing it's profit and loss both are counted.

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    Quote Originally Posted by Zuhaib99 View Post
    When we want to improve our trading skill then we join demo account this is an account which purely made for practice purpose we done trading just like real one its all features and tools are same like real account so its profit was not a genuine Profit but when we say we trade in real account it's a genuine thing it's profit and loss both are counted.
    you are very correct zuhaib personally i know practise is the way of organizing or preparing something so that you understanf how it is done and after practising you will do the genuine one parfectly anf it applys in demo account hwere the money there is not genuine bt it prepares you for the real trade tha is in real account

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  10. #10
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    Practice is definitely the primary force behind successful trading. If you have done enough practice in the demo account then it means that you are in a position to become so confident that you can come to the real account and try your luck. Otherwise if you try to come to the real market without having enough practice in the demo account then the problem will be that you shall and up with nothing in this market because everything that can be earned in this market is based on your practice and experience since there is no Royal Road to success.

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