Update on EUR/USD. New entry on H1 break of support. My entry has become new support/reversal point.

today what happend to eurusd after chf news it droped 250 pips and other chf pairs more than 700 to 800 pips

Originally posted by sadscorpion

today what happend to eurusd after chf news it droped 250 pips and other chf pairs more than 700 to 800 pips

 

Yes, I know. It doesn't aswer why demo trades go well and live ones don't. Are there 'stop bots' That trawl the clients' stops and aggregate them to find a level at which to stop them all out at the same time? Maybe they sniff out old support and resistance levels and see how many stops are there and then, wham! Take them out!

i certainly go with live trade there in nothing like having your money invested

Originally posted by leebut

Last week I was running tests on trading triangles with relative success. Why does it seem that when testing a strategy on a demo account the overall result is good, yet transfer the same strategy to the live account all goes wrong? Is it really that way, or does it only seem like it is?

 

Also the number of times I've been stopped out by less than 10 PIPs is unbelieveable. Recently the majority of my trades have been the reversal point of market flow and the stop was the other reversal point. Today, stopped out on EUR/USD by 2.6 PIPS before the market reversed, retraced my 77-PIP loss and then another 100+. Crazy!

That is why live trading conditions are said to be more strict than demo trading. I dont know the exact reason of why all this happens. But ur Stop bot idea is good

In ur case, it can be a bad luck. It has been reported by many many traders. Actually what u r thinking while trading is a common thought. Pro traders think above it. That is why they make less losses.

Hmm, I believe that market conditions are the same on demo and live accounts. You don't see a fantasy price feed on a demo account. Price action is the same as that shown on a live account.

I don't see how using the same strategy on a demo account can be different on a live account. The same trigger is used on both. The only difference is emotions, which start after the trade is placed, not before.

As for the stop bots, someone or something knows where stops are. How do they get triggered if they don't? A platform is only a display of the data that's on your broker's or bank's servers. Your stops and limits aren't on your computer at all. It's all fed from them.

Originally posted by leebut

Last week I was running tests on trading triangles with relative success. Why does it seem that when testing a strategy on a demo account the overall result is good, yet transfer the same strategy to the live account all goes wrong? Is it really that way, or does it only seem like it is?

Also the number of times I've been stopped out by less than 10 PIPs is unbelieveable. Recently the majority of my trades have been the reversal point of market flow and the stop was the other reversal point. Today, stopped out on EUR/USD by 2.6 PIPS before the market reversed, retraced my 77-PIP loss and then another 100+. Crazy!

Yup, thats the way market goes, no need to wonder.......... sometime it can reach R/S in same day,,,,sometime it just turn back before hit anything.

Lucky for us, Metatrader and all platform provide "Stop Loss" feature.

Demo trades are good for begineres,to get ot know whit forex test new strategies,but it's not the same like real money trading,and ofcourse benefit from real money trading is pfcourse money it self :)))

It is ironically different .emotions are inveolved while in demo there are no emotions but you execute cold bloodedly