Trading basics - page 3
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I never trade with Demo account, It doesn't make any sense, I'd better trade with real account but mini account where I can trade for only one cent per pip. Never trade demo, it destroys your mentality..
The DEMO accounts are more for learning the mechanics of trading without losing any money. A lot of new traders don't know how, or even why, a "Stop/Loss" works.
The downside of the DEMO accounts is the price bars are not what the "LIVE" trader gets. And, the DEMO accounts do not get manipulated like the "LIVE" accounts do.
But nicesurf you are right about condition the trading mentatlity a trader must develope. The sweat will start to flow if even a penny is at risk.
God trading
RT...