I been training forex for demo for some time now and I open live account 2 day ago so far I am down 20% on my live account in 2 days, I found out I am so emotional when trading and I am in front of computer while the trade going on, I am sure some of you guys went through this any advise or how to over come.
I did very good on demo account I was all time making money.
How much money did you start your live account with?
My advice is to start small, then add more money later. If you go straight from demo to a multi-thousand dollar account it can be a bit of a shock to your emotions.
Starting small can help ease you into live trading. I started with $50, then moved up to $1000 after a few months, and then a few months later I added the rest of my money. 
Thanks for the advice I stated with stander account.
I also my order was 0.5 lot to 1 lot stander and the reason I did this I was very good on the demo account but I get so emotional and I watch the trade minutes by minutes too.
This is why I personally have always recommended getting at least a small taste of real money trading as early in the process of development as possible. Most people coming in just don’t understand how different it can be trading live vs. trading on demo. You’re going to have to work on building confidence in your trading methodology, and that’s probably (as phil suggested) going to mean starting very small.
The only money that should be in your trading account is money you can light on fire and not give 2 craps about.
Before you enter any trade, accept it as a loss or don’t place it at all.
If your down 20% in 2 days you have no risk management plan and you are way over leveraged. Again, one of the only two things you can do wrong.
[B]Please [U]STOP[/U] trading with your live account right now.[/B]
If you don’t you’ll [B][U]loose[/U][/B] all your capital because you are making the wrong decisions based on your emotions.
I would walk away from trading for a week or two to calm down and after that start again with Mini-Account and slowly getting used to the pressure of trading with real money.
Once you are able to handle that you could go back to your account you’re trading now.
I’ll agree with that, I started with $50 and lost half in a few weeks. but then I spend that much on a lunch out in town so the amount of money was no big deal what hit my emotions was not the dollar amount but just the fact of a loss. even if I loose pennies it p1ss3s me off! so I’m getting over that now and I’m breaking even now instead of steady loosing
so definately start small !!!
till you get good at it then add in more
Thanks a lot guys I think I need to walk a way for few day re think and use the advice I get again thanks and please keep sending those good advices.
Thats what i was about to tell you. People who have advised you have seen it all before they reached this level. So just take a walk and think about what they said.
Good Luck
Muthu.
[B]Cas[/B]… never a truer word spoken! Technicals & fundamentals can be learned. Emotion on the other hand has to be experienced and overcome.
By trading a demo, then Micro and gradually increasing lot sizes in proportion to your balance the emotional/ psychological side of trading can be overcome.
Yes, I think this statement sums up what everyone has said so far.
In addition I have 2 more rules!! 
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Don’t commit suicide if you end up losing money - there is more to life than trading!!
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When your emotions run high, don’t forget how to use your mouse in your chart trading!!
What theres more to life than trading 
I must have missed that lesson!
Tymen1, within GFT you can adjust your positions with your mouse by clicking and dragging your position right? Then by clicking or modifying the affirmation box, the position is adjusted? Is this correct?
Thanks
Edit: Meant to Say GFT Dealbook 360, because Dealbook 360 is the platform.
Yes, this is correct as long as it is a pending trading order that you are modifying.
That is, a limit order or a stop loss order.
You cannot change your initial entry of course!!
You are stuck with that!!
That is the trick, i am at the point right now that i have to convince my wife that i can be profitable, to continue doing this as opposed to going back to work.
I stopped working because i had my left hip replaced several years ago, and now the right one is deteriorating. I was an electrical apprentice and did 5 years carrying 20-30 lb tool pouches around my hips, and the wear on the body is tremendous going up and down the ladders all day, being outside in ditches, actually digging ditches.
But now i can’t continue being an electrician, as that will hasten the pain and the continued use of narcotics to control the pain, is not really worth it to me as far as pain management goes. As i could not work that way, and then stay off the hard core drugs for pain. They can get real addicting, whew.
So if i have to go back to work i will have to try and get some kind of 2nd shift job working from 2pm to 10pm at night so that i can still manage to catch the London and New Your sessions and gain good experience. This while staying off the prescribed hard core drugs.
Oh well, this is great. I can maybe start to day trade when comfortable, and work nights so that i can trade during the good times!
Drinking beer.
[B]CAS[/B]
Ah but that’s different the one can’t occur without the other… not if I want to stay profitable… its a terrible burden! :D:D
[B] R Carter[/B]
HaHaHa…I haven’t worked that one out yet…doing both at the same time.
Prehaps one day I’ll get there.
I think that when you trade in Forex you have a lot of opportunities to make money, and it is not necessary to get in a dily job. But you need to analyze that is also a risky business and if you are not sure what you are doing you need to make a backup plan. But keep going that with the right education and tools you can be living the live of your dreams. Fx-megaforex.
Define your Entry Price, Stop-Loss and Take Profit before the trade. After that walk away from the computer and let it go. Do not adjust a trade after you entered.
Start with a small account (money you can afford to loose),
but use real money/ not a demo account(to feel the pain of loosing)
If you can’t to the above, better do not trade.