In this podcast, Rob Booker and Matthew Carstens discuss the war between demo and live trading and touch on a new technology that can possibly bridge that gap while giving a totally new environment for traders to practice in.
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Matthew Carstens of TradingWheels stirred a very interesting discussion about demo accounts with this article: 3 Reasons Why Demo Trading is Killing You
Here’s more information from Rob Booker’s excellent site:
Rob discusses the war between demo trading and live trading, suggesting that this controversy continues at every expo, conference, webinar and online forum, where demo traders are criticized because of the lack of emotion in demo trading, while live traders are criticized for trading with real money before they’re ready!
What do you think?
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2 Comments
wow, very interesting article that “kills” a litle bit all the conception people have behind demo accounts. I personally try to keep up-dated a website where I try to give impartial views about forex brokers and platforms. Finding your website it’s a great resource. Thank you
Thanks nicolo! Indeed, demo accounts have advantages and disadvantages.