Is demo trading useless?

Although I've been getting some good success by increasing lot sizes but have lost a lot of money by increasing lot sizes bases on martingale. It is working well on demo and newspaper (theory) but in practice my winning percentage takes a hit due to even slight slippage or widening of disperse in the wrong damn moment. And then there is the damn margin call.

Has anyone here been able to do demo testing correctly. Is there a way to do it taking into account these variables and realistically demo this machine? Any thoughts would be welcome. No orders since I do not believe brokers offering orders could be ECN. Itself claims that it MAY trade against the client. I contacted them and they said they're counter celebration or something. It is hard for me to comprehend what they said but it appears that they also do that. I trade with them since spread is as near as possible to their spreads.

Are my trading orders moving to the interbank market? Can Dukascopy Bank be the counterparty of my trades?
Notwithstanding the fact that the SWFX -- Swiss FX Marketplace is an ECN, Dukascopy Bank is the counterparty of all its customers' trades carried out on the SWFX. Dukascopy Bank sends orders to the interbank market in its own name for the needs like hedging exposures and/or testing validity of prices received from liquidity providers. Not all customers' trades result in hedging orders delivered to the interbank market by Dukascopy Bank. In particular small trades cannot be hedged with external counterparties and could barely be executed without Dukascopy Bank's liquidity, because counterparties may not accept trades under a certain minimal size. Also trades on binary options cannot be hedged. Dukascopy Bank hedges customers trades fully, partially or not in accore using its technology, wants and banking regulation.

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Originally Posted by ;

For me personally Demo trading is useless as it does not involve actual money is trading under such situation does not tells you the way you are likely to respond if its actual account with real money. Trade with money on penny account will give you results that are better than trading in demo. In the event that you lose your small account 10 times, still you experience some understanding about your own mindset. That gives confidence to trade in actual market state. Telling this. Demo trading is useful to test a egy 1st time for 1-2 weeks. Perhaps not...

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Most traders moving to a true account is actually under pressure, because it's actual money. But the demo account may give confidence that the trading system's evaluation should be done in the demo. Demo account at the exact same time harmful and useful. It's dangerous because it's a version of the market and cannot get used to it.

To examine your system and egy demo account is very good, but when it comes to actual account, and trading involved you will notice the different.

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Originally Posted by ;

So I have been getting some very great success by increasing lot sizes but have lost a lot of money by increasing lot sizes bases on martingale. It's working very well on demo and newspaper (theory) but in training my winning percentage requires a hit because of even minor slippage or widening of disperse in the wrong damn time. And then there's the damn margin call. Has anyone here been able to do demo testing properly. Is there a way to do it taking into account these variables and realistically demo this machine? Any thoughts are welcome. No micro...

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I frankly do not think it's useless particularly when you're working using a new method, do not do what I did and go directly live with new techniques or none in any way. As you can see I am down by -800$