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    Thread: Interlock's trading journal

    1. #1701
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      You cannot have same satisfaction with the demo account like the live account, although there is tension and pressure from real trading, nevertheless, it gives you rewards for your efforts, the demo account is just too vague for someone to trade especially when you had the opportunity to trade with the live account previously, the experience is not funny.


    2. The following 11 users say Thank You to Oghale for this useful post.

      crown (04-16-2018), FlyingShark (04-16-2018), Leonvic90 (04-17-2018), Neriah (04-17-2018), remmy (04-16-2018), simisola (04-17-2018), Sixteen (04-16-2018), Timon (04-16-2018), Unregistered (2), zahidmehmood (04-16-2018)

    3. #1702
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      Quote Originally Posted by Oghale View Post
      You cannot have same satisfaction with the demo account like the live account, although there is tension and pressure from real trading, nevertheless, it gives you rewards for your efforts, the demo account is just too vague for someone to trade especially when you had the opportunity to trade with the live account previously, the experience is not funny.
      yes, there is enormous tension and pressure in the real live account trading. one cannot compare it with the demo trading experience. the demo only prepares the trader for the basic things in trading. the real meat and bone of the business are gotten at the real live money trading.


    4. The following 7 users say Thank You to remmy for this useful post.

      crown (04-16-2018), Interlock (04-17-2018), Neriah (04-17-2018), simisola (04-17-2018), Sixteen (04-16-2018), Unregistered (2)

    5. #1703
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      Quote Originally Posted by Oghale View Post
      You cannot have same satisfaction with the demo account like the live account, although there is tension and pressure from real trading, nevertheless, it gives you rewards for your efforts, the demo account is just too vague for someone to trade especially when you had the opportunity to trade with the live account previously, the experience is not funny.
      You know this one of the reasons why some traders often neglect the demo account, because they sometimes feel like demo trading account is a waste of time, but I guess they are wrong, demo account is not meant for satisfaction rather it meant for making or building a good trading strategy and developing a good trading knowledge


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    7. #1704
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      Quote Originally Posted by Oghale View Post
      You cannot have same satisfaction with the demo account like the live account, although there is tension and pressure from real trading, nevertheless, it gives you rewards for your efforts, the demo account is just too vague for someone to trade especially when you had the opportunity to trade with the live account previously, the experience is not funny.
      The demo account might not necessary give us that pressure we can face in the live account but it's always helpful especially looking to test a system without losing your capital. If demo is very much practiced it can help to build us up and would surely helps us stay successful on line. Demo is helpful but a cent account can look more better as it's same with the live account but giving us chance of going very little.


    8. The following 6 users say Thank You to Sixteen for this useful post.

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      Quote Originally Posted by sonibark View Post
      You know this one of the reasons why some traders often neglect the demo account, because they sometimes feel like demo trading account is a waste of time, but I guess they are wrong, demo account is not meant for satisfaction rather it meant for making or building a good trading strategy and developing a good trading knowledge
      Yes brother demo trading is not a waste of time if we practice on it by considering it as a real account but if we don't take it seriously then we will make big mistakes in live account with our hard earned money.


    10. The following 4 users say Thank You to zahidmehmood for this useful post.

      786pk (04-18-2018), Interlock (04-17-2018), Oriakhiebillz (04-16-2018), shahidmehmopd (04-17-2018)

    11. #1706
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      Today being monday market opened again as usual and we can see good movements already in various pairs, things are beginning to change these days in forex market because in the Mondays of before market use to experience slow and ranging movement but now are very active like other week days. We can see how GU started a swift uptrend already above the resistance 1.4265 on D1 time frame, let's see if it today's candle closes above it and this would confirm more upward trend technically.


    12. The following 4 users say Thank You to Oriakhiebillz for this useful post.

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    13. #1707
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      Quote Originally Posted by shahidmehmopd View Post
      That's all comes with experience and we may know with passage of time. But in start it is essential to trade with SL to overcome your loss in start and able to trade more if you suffer from some of the losses.
      This is true. In the beginning time we should always use stop loss on our every trade. Because with this we can control our mind and we can avoid to getting margin call. But when trader can make perfect analysis that time he can decide will he use stop loss or not. But i see most of the long term professional trader always use stop loss. So i think using stop loss are most important.

      Quote Originally Posted by Interlock View Post
      Got stopped out!!! so what?
      I am going to trade in demo account. I love to trade in Forex market and can't avoid myself from trading. Let's see how good i am in demo account. Sis NikitaBelle is my inspiration. She still running a demo account. I am on it.

      Let's see how much i can learn from my demo account.

      1st trade of this week
      Currency- USD/CAD
      Type- Buy
      Entry point- 1.2614
      TP- 1.2685

      2nd trades of this week
      Currency- EUR/AUD
      Type- Buy
      Entry point- 1.5881
      TP- 1.5940
      This is 2nd time i see your account condition after joining in this forum. This is really very sad news. I have not see others trader who quickly got margin call like you. I see you can't control your mind during trading time. Always take lot of decision with emotionally. I think you need to control it and demo account may be best option for control this. I hope from next month you will earn more successful profit from your trade.


    14. The following 6 users say Thank You to crown for this useful post.

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    15. #1708
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      Quote Originally Posted by Oriakhiebillz View Post
      Today being monday market opened again as usual and we can see good movements already in various pairs, things are beginning to change these days in forex market because in the Mondays of before market use to experience slow and ranging movement but now are very active like other week days. We can see how GU started a swift uptrend already above the resistance 1.4265 on D1 time frame, let's see if it today's candle closes above it and this would confirm more upward trend technically.
      You should know that among may weeks that Mondays might not be good, you will see some Mondays that will be so lovely. Just like the weeks you will see many good Tuesdays, but some Tuesdays will be so bad as well. So, i will advice us to disregard anything claim that is so strong on this issue, we should just look at what we have on the trading chart, that is what we should plan our trading with. Forex trading is the business that needs is to be constant with the way we trade based on what we see on the chart and through what we use to trade it only.


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    17. #1709
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      Quote Originally Posted by catfish007 View Post
      You should know that among may weeks that Mondays might not be good, you will see some Mondays that will be so lovely. Just like the weeks you will see many good Tuesdays, but some Tuesdays will be so bad as well. So, i will advice us to disregard anything claim that is so strong on this issue, we should just look at what we have on the trading chart, that is what we should plan our trading with. Forex trading is the business that needs is to be constant with the way we trade based on what we see on the chart and through what we use to trade it only.
      You are correct about your statement, not all Mondays are considered to be boring and highly uninteresting, today for example was not a bad day for the bulls in eu and gu but i don't believe that same can be said regarding some cross pairs in the market, this is why some traders have chosen to trade only the major pairs.


    18. The following 5 users say Thank You to Timon for this useful post.

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    19. #1710
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      Quote Originally Posted by Interlock View Post
      Got stopped out!!! so what?
      I am going to trade in demo account. I love to trade in Forex market and can't avoid myself from trading. Let's see how good i am in demo account. Sis NikitaBelle is my inspiration. She still running a demo account. I am on it.

      Let's see how much i can learn from my demo account.

      1st trade of this week
      Currency- USD/CAD
      Type- Buy
      Entry point- 1.2614
      TP- 1.2685

      2nd trades of this week
      Currency- EUR/AUD
      Type- Buy
      Entry point- 1.5881
      TP- 1.5940
      actually , i see the opposite . well for eur/aud we can see a downtrend , and if you really want to enter a position then absolutely you need to enter a position that matches completely with the trend direction at least . at least it those deals are in demo account so we would always learn and learn from our mistakes . it was just the way it seems to me . good luck brother .


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