Money management
The mentioned psychological factor leads to another essential matter – money management. The chosen high leverage in demo account platform would mean big profit in just one trade. Likewise, it would also mean big loss if a chosen currency pair would turn in the wrong direction. You might have a good profitable trading system which you tested in demo account, but using high leverage and hoping for a big money is not enough. You have to apply some probability rules and sound money management which would keep you from making irrational decisions when you are loosing or wining and you must do that in demo account.
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