Many people will say that it is easy to make money by simulating foreign exchange speculation, but it is difficult to make a real offer. Is this really the case? In fact, the analog disk and the real disk are the same, the only difference is the mentality of making orders.

Simulated foreign exchange trading usually refers to risk-free foreign exchange transactions using the simulated accounts of foreign exchange trading software before foreign exchange transactions. It is a method often used by investors who have just started to familiarize themselves with foreign exchange trading software and the foreign exchange market.

Simulate foreign exchange
The simulated foreign exchange speculation generally uses the universal MT4 trading software for operation. MT4 is a software for receiving market conditions. This software is released by MetaQuotesSoftwareCorp. It provides a free trial and has a Chinese interface. The function is particularly powerful, and it is one of the most widely used foreign exchange market software.

The biggest difference between simulated foreign exchange speculation and real foreign exchange speculation

From the point of view of the operation process and the platform, it is the same. The main difference is that it has a different impact on mentality. After all, real money is real, and simulated is fake.

The biggest difference between simulated foreign exchange speculation and real foreign exchange speculation

The difference between simulated foreign exchange speculation and real foreign exchange speculation is essentially the similarities and differences of funds. Others about market trends, technical analysis tools, etc. are the same.

Well-known investment masters once said that the inherent difference between simulated foreign exchange speculation and real foreign exchange speculation is the difference in mentality, which is actually quite reasonable.

Investors are often novel and fun-oriented when simulating foreign exchange speculation, so they appear more casual when placing orders.

Therefore, when the demo account is making money, the real account is blindly opened, but when the real account is opened, the pressure from the funds starts to make investors hesitant and indecisive, which leads to the failure of the transaction.

All in all, you must make a plan before simulating foreign exchange speculation. As much money as the real account is to be opened, the amount of funds applied for opening the simulated trading account, and the real treatment, set stop loss and take profit.

Only in this way can the advantages of the simulated foreign exchange speculation be fully utilized and truly be used by me.

Therefore, even if you are trading in a simulated trading system, you must take it seriously. How much loss a real account can withstand, and how much funds are opened for a simulated trading account application, and take it seriously, setting up stop-profit and stop-loss. Only in this way can we truly take advantage of the advantages of the simulated trading system, help ourselves to sum up experience and serve the actual combat, and then we can truly apply the technology to the real market.