Demo vs. Live Differences

Lesson Overview

In "First Demo Trade Lab" → "Demo Account Setup", this lesson "Demo vs. Live Differences" builds knowledge you can apply immediately.

Demo lacks slippage pressure and real emotions; fills are near-instant. Do not equate demo profits with live skill—stress-test with wider stops and latency assumptions.

Core Concepts

These points align with the video walkthrough—take notes as you watch.

• ▸Demo lacks slippage pressure and real emotions; fills are near-instant.
• ▸Do not equate demo profits with live skill—stress-test with wider stops and latency assumptions.

Practical Application

After studying, complete the companion practice lesson to move from understanding to doing.

• ▸Validate concepts on MT4/MT5 demo
• ▸Mark structures/indicators mentioned on live charts
• ▸Log operational steps in your trading journal

FAQ

• ▸Q: How does this lesson fit the course? A: Part of "Demo Account Setup"—follow the curriculum order.
• ▸Q: What do I need? A: Demo account and notes; quant lessons need a Python environment.
• ▸Q: How do I know I've mastered it? A: Pass the quiz and explain three key points of Demo vs. Live Differences on your own.