We all know that 90% FOREX trader lose money. It means if we open a demo account and trade, we will lose all our money. What if Simultaneously I open live account with same amount and start trading and enter order reversely in live account to that demo account. We will win in live account and we will lose in demo account. Will it work?
No it wont. There is likely one of two things will happen. You will blow up the account or you will be bled to death by spreads and commissions. Transaction cost are one of the biggest things at the beginning that people don’t take into account but if your placing a lot of trades then it will eventually catch up with you.
Great idea :32: , take all your money and put it in that account and you will end up with no money:56: , off course it will never work :57:
If it could be done without your knowledge it would work. If your dealer secretly entered you long when you shorted and short when you bought you would have a profit minus costs or spread and fees. It is the psychology that is the problem.
[QUOTE=“Arbitrager on Acid;679606”]If it could be done without your knowledge it would work. If your dealer secretly entered you long when you shorted and short when you bought you would have a profit minus costs or spread and fees. It is the psychology that is the problem.[/QUOTE] lol yep… That’s essentially what market maker brokers are doing.
I agree. Psychology is that small difference people like to mention between demo and live, but that small difference makes a big difference.