Comments on: Live Trading Performance Not Matching Demo Trading Success http://theessentialsoftrading.com/Blog/index.php/2009/03/13/live-trading-performance-not-matching-demo-trading-success/ Information and resources for those looking to learn about trading and the markets Sat, 04 Feb 2012 14:17:59 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Steve http://theessentialsoftrading.com/Blog/index.php/2009/03/13/live-trading-performance-not-matching-demo-trading-success/#comment-13666 Steve Fri, 13 Mar 2009 20:18:49 +0000 http://www.theessentialsoftrading.com/Blog/?p=1082#comment-13666 Hi John, Funny you should mention trading smaller amounts. I've been trading with Crown on and off since August 2007 they only have Standard accounts. $2000 US later down I opened a Standard account with FXDD with $500 US as I wasn't overly happy with the speed of execution that Crown Forex had, as we naturally always put the blame elsewhere. That also dropped down to $97 US and at that point, a number of months ago, I asked if they could make it a Micro Account, which they did. I started trading it this morning and have started winning trades 60 pips on the Euro and 60 pips on the GBP. It definitely has had a large effect psychologically going from risking $40 stop loss or more, depending on the time frame traded, to $4 and of course the losing trades you can imagine. Naturally nowhere near the profit in dollars but to me that's not the point. Because in the end its about building confidence trading live and moving forward using good money management to get to the single or multiple lot trades. Many thanks :-) Kind Regards, Steve Gilbertson Hi John,

Funny you should mention trading smaller amounts.

I’ve been trading with Crown on and off since August 2007 they only have Standard accounts. $2000 US later down I opened a Standard account with FXDD with $500 US as I wasn’t overly happy with the speed of execution that Crown Forex had, as we naturally always put the blame elsewhere. That also dropped down to $97 US and at that point, a number of months ago, I asked if they could make it a Micro Account, which they did. I started trading it this morning and have started winning trades 60 pips on the Euro and 60 pips on the GBP.

It definitely has had a large effect psychologically going from risking $40 stop loss or more, depending on the time frame traded, to $4 and of course the losing trades you can imagine. Naturally nowhere near the profit in dollars but to me that’s not the point. Because in the end its about building confidence trading live and moving forward using good money management to get to the single or multiple lot trades.

Many thanks :-)

Kind Regards,

Steve Gilbertson

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