Many times new traders who have done well in a demo account open up a live account and things start to fall apart.
Having real money on the line is very different emotionally than trading pretend money. When losing in a live account, every pip move can result is feelings of frustration or pure joy. These emotions can cause traders to make different trading decisions in that live account than they made when they were trading in a demo account.
This usually leads to more losing trades.
Having real money on the line is very different emotionally than trading pretend money. When losing in a live account, every pip move can result is feelings of frustration or pure joy. These emotions can cause traders to make different trading decisions in that live account than they made when they were trading in a demo account.
This usually leads to more losing trades.
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