is Demo account truly a test tool for live account?

[abaeze]

the major purpose of these thread is to have a peaceful discussion on peoples experience with jumping into live account after several successful trades on demo and suddenly start making losses after funding and trading with real money, because i have heard people make such complains which also shows that i was not alone in all of that dramas and did anyone experience similar cases and how did you get to manage it ?

Whenever am trading in demo accounts, I always notice that I do win more than the way I lose, and am going to start thinking that have already gotten things right, but immediately I switch to the real account, that’s why you going to see me losing unnecessarily, it has happened to me multiple times before, but if I will be honest I don’t really know the cause because have been asking myself that question over some time, and I haven’t figured out the reason why I win when using demo account, and I will be losing when I switch to main account.

I completely agree with you on this. However, in most cases, I feel that when I log in to the main account from the demo, my heartbeat is  little higher than before and my mental stress is also higher, so the way I switch to the demo does not happen in the main account.

Another reason may be that the leverage in the demo shows positive but in reality it is the opposite. That is, what we practice in the demo does not happen in the main account, that is, we do HW one way and the exam comes with something else. Although I am not sure about this and it may not be the same for everyone.

[Emitdama]

Although I agree that the feeling is just different trading with demo account compared to real account, it's not as different as learning how to swim by watching youtube video compared to learning to swim directly. That analogy isn't exactly right
Demo account feels really familiar with the real trading account except you don't really get the feel of risking money but it's still helpful but you get the same feeling as using demo account when you trade with small money because you're not risking anything beyond your risk tolerance.

Demo account is actually quite useful to learn how to trade, analyzing the markets, implying strategies and way more. The only thing demo account does not teach is the fear of losing money and controlling emotions. Emotions are left way behind when we trade with demo accounts as we do not really care what will happen. Demo trading might even spoil one's habit and risk appetite.

Demo trading makes us take free and impulsive decisions thinking nothing worst will happen as we are trading with no real money, but people do not understand that this is spoiling their habits and this will eventually impact their real trading journey. Demo trading should not be considered similar to real trading even if the experience is same. Emotions is a very important part when it comes to trading and demo misses it completely. We can only learn to control our emotions in real life trading with real money on bet.