I also learnt something else yesterday - quite interesting…
I’m monitoring my Zulu traders on my demo ac because here I’ve not restricted them to one trade per currency so I’m able to see any averaging into a position at which time I’ll go into my actual account and close the trade - ie I’m taking averaging as a sign of weakness and taking my money off the table. I did some maths and even if averaging wins 9 out of 10 times (which I think is way optimistic) the one time it losses just wipes everything out so it’s a no no for me.
But I also noticed something else - on my demo account a pending order kicked in - I was already up 32 pips and the pending order turned out to add another 24 - nice little earner for the day - just one problem! The same said pending order did not kick in on my actual account and was still pending - damn! I worked out that it’s down to slippage - ie a demo account doesn’t suffer from slippage since it’s not real money whereas my actual account didn’t engage the pending order since by the time it came to me the position had lapsed.
In future I’ll make sure all the demo pendings are reflected in my actual account