Stop Loss in demo account ??!!!

One issue that I have had is placing my stop loss. When I started just like everybody else in a demo account I was not scared to put my stop loss a 100 pips away. When trading the Demo account very rarely would I get stopped out and usually would turn a profit based on my strategies.

Once I switched to real money account I started to place my stop loss a lot closer to avoid the big loss. This proved to be ineffective as most of the trades I was making were great but I was just not giving it enough room.

As anyone else experienced this problem and how did you figure out where to put your stop loss so you don't screw yourself over ?

Personally, I only place stops FAR away from my trades and have an EA using hidden stop points (prices to close out of the trade at) depending on the particular strategy I am using. The reason for not placing stops is that I don't trust brokers :) I just want to make extra sure that they don't go hunting my stops. As mentioned, I do place a stop very very far off my position just in case my EA gets disconnected and there is some catastrophe on the markets it offers some safety but is way to far away for the broker to chase it.

Demo accounts are very useful to train our trading skills, both good strategy and good money management without risking our money, while the real account in addition to train our trading skills both good strategy and good money management are also trained in psychology or emotions when trading, even if it means risking our own money but we get a psychological training that we need to be successful in trading.

So I think stop loss in demo account or in real have to be the same. If we start to move the stop loss, I'm afraid we not get the same result as in demo. so try to be discipline, just execute the trading in real like in demo. I know its hard. but we are trying. I have information for no deposit forex bonus. Check armada markets,this broker offering welcome account 15EUR. Besides that , this broker have a refer friends offer. You will get 15 USD and your friends too for each offering friend to join with this broker.

Well, stop loss is great approach, it definitely could reduce risk and increase your profit, however, in the real practice, there are still much other factors which could influences your bonus.

Start using stop loss when trading with demo account is good. It will make us be more know how to set stop loss. If we do not use SL when trading, we must be able to do "cut loss" so we will not get more risk.

My opinion is every trader should put SL in their position to control your risk and reward,no matter if you trading real account or demo account and you need to use it depends on how much you afford to loss.

if you think you are putting Stoplosses very close, just gradually increase it, its a very effective tool and you have to use it very effectively...

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Originally Posted by vic84

if you think you are putting Stoplosses very close, just gradually increase it, its a very effective tool and you have to use it very effectively...

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We must know where we should put SL when trading. We can use demo account to know how to put SL. So, we must use demo account as well as possible, we must understand about to know where we should put SL. We can try use market news to help us making analysis.

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I think demo account been use for several reason :


1. test out the trading system
2. learning about the platform tool
3. try money management as per plan
4. put TP and SL as per trading system


so I think stop loss in demo account or in real have to be the same. If we start to move the stop loss, I'm afraid we not get the same result as in demo.


so try to be discipline, just execute the trading in real like in demo. I know its hard. but we are trying, maybe can start from a free welcome bonus like welcome bonus 15 Euro from Armada Markets

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Originally Posted by Uncle Gober

I think demo account been use for several reason :


1. test out the trading system
2. learning about the platform tool
3. try money management as per plan
4. put TP and SL as per trading system


so I think stop loss in demo account or in real have to be the same. If we start to move the stop loss, I'm afraid we not get the same result as in demo.


so try to be discipline, just execute the trading in real like in demo. I know its hard. but we are trying, maybe can start from a free welcome bonus like welcome bonus 15 Euro from Armada Markets

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Yes, we can use demo account to test our skills including set SL when trading. We must know where we should put SL, because if we are wrong, SL will make us get loss in vain.

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Originally Posted by CahCuncun

Yes, we can use demo account to test our skills including set SL when trading. We must know where we should put SL, because if we are wrong, SL will make us get loss in vain.

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Yes you right, we can use a demo account to test our skill. but if our broker provide demo contest is better. Demo contest are great to learn trading and you will even get a prize if you are successful. Currently I am participating in Armada Markets demo contest and link

Yes,I use stop loss and take profits on demo accounts.Stop loss helps us from big loss.When we do open trades for long time and not stay our computer front we can do use stop loss.It's safe us from big lose.I do also now use stop lose my real trading account.

In demo there is no need to your stop loss or take profit. but if you are learner then you must use them because it can help you to make strong analysis in future.

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Originally Posted by Shawn100

In demo there is no need to your stop loss or take profit. but if you are learner then you must use them because it can help you to make strong analysis in future.

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But we also know how to use SL and TP for trading. If we do not know about that, and our psychology still need to be improved, probability to lose money in forex will be bigger. Demo account should be used as well as possible because using demo account, trader can start trading in forex and get trading experience which will help us when trading with real account.

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Originally Posted by CahCuncun

But we also know how to use SL and TP for trading. If we do not know about that, and our psychology still need to be improved, probability to lose money in forex will be bigger. Demo account should be used as well as possible because using demo account, trader can start trading in forex and get trading experience which will help us when trading with real account.

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Start using stop loss when trading with demo account is good. It will make us be more know how to set stop loss. If we do not use SL when trading, we must be able to do "cut loss" so we will not get more risk.

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Originally Posted by Uncle Gober

Start using stop loss when trading with demo account is good. It will make us be more know how to set stop loss. If we do not use SL when trading, we must be able to do "cut loss" so we will not get more risk.

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Yes, we can use demo account to test our skills including set SL when trading. We must know where we should put SL, because if we are wrong, SL will make us get loss in vain. Investment Forum for all question about performance of fund manager in TenkoFx

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Originally Posted by tenkofx

Yes, we can use demo account to test our skills including set SL when trading. We must know where we should put SL, because if we are wrong, SL will make us get loss in vain. Investment Forum for all question about performance of fund manager in TenkoFx

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We can test and hone our trading skills using demo account. And we also can use it to take part in demo contest. When using demo account, we must try to learn how to minimize the risk. Money management should be disciplined when trading in forex. We also must improve our trading skill to get more maximal result in forex.

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Demo is the reflect of real account. Real trading is impossible without demo practice. We get experience and knowledge by demo practice. Stop loss and take profit is essential for real trading. So should practice it on demo account.

although we are only trading on a demo account, we also need to use SL when trading. With SL then we will be able to trade with the maximum. For that we need to learn and practice trading so well that we will benefit from forex and the risk can minimalized well with SL

forex risks are difficult to predict with good, because with forex risk that it will make us need to have good risk management, one of the good risk management is to always use SL when trading, with SL then we are able to minimize the risk of forex

The use of stop loss and take profit is part of the money management, here we need to analyze how market movements and make a calculation how much we are capable of risking our funds. Without money management our trading will not run correctly, forex risk would be higher in this condition, we always have to look to the chart and ready to cut loss

stop loss and take profit very profitable for traders because doing so will allow us to trade with the maximum capability and psychology if we are ever increasing and therefore we should be a lot to learn and practice trading so well that would allow us to trade with a maximum, demo account or real account we must trade using Sl and TP