Demo is a must
You cannot skip the 60-day demo phase.
I know. You have a bunch of accounts already, or maybe you've sunk a bunch of cash into them and just want to make it back. I've heard that a million times.
Guess what? The market doesn't care about your sunk cost fallacy.
By keeping those thoughts in your mind, you are sabotaging yourself. You will be the cause of your own failure.
The demo phase (running demo for at least 60 days after beginning automated trading) is designed to do several things:
You cannot complete these things unless you run in a demo. Do not skip this phase. It is the most vital portion of learning how to do this.
The demo phase is perfectly acceptable for the ATS money back guarantee as well - just run Zeus into a demo account, this is fine.
Habits of successful and unsuccessful customers
After observing thousands of customers, all of the following ring true. If this list insults you, then the list is talking about you, and you need to fix that if you want to be successful.
Successful customers will:
Unsuccessful customers will:
I know. You have a bunch of accounts already, or maybe you've sunk a bunch of cash into them and just want to make it back. I've heard that a million times.
Guess what? The market doesn't care about your sunk cost fallacy.
By keeping those thoughts in your mind, you are sabotaging yourself. You will be the cause of your own failure.
The demo phase (running demo for at least 60 days after beginning automated trading) is designed to do several things:
- Allow you time to learn how the systems work. They are NOT press play and make money - no system is no matter what lies they feed you.
- Gives you time to learn how you react to certain circumstances. In order to trade, you have to know what your natural reactions are.
- Lets you see what the proper reactions should be in an emotionless state so that you can later replicate them during live trading.
You cannot complete these things unless you run in a demo. Do not skip this phase. It is the most vital portion of learning how to do this.
The demo phase is perfectly acceptable for the ATS money back guarantee as well - just run Zeus into a demo account, this is fine.
Habits of successful and unsuccessful customers
After observing thousands of customers, all of the following ring true. If this list insults you, then the list is talking about you, and you need to fix that if you want to be successful.
Successful customers will:
- Pick a single strategy at a time to focus on.
- Use established and forward tested settings in live accounts and save new sets of settings for demo environments only.
- Run demo accounts for 2 months to thoroughly learn the way to operate the system, and how the strategy reacts in market environments.
- Come up with rules (on their own or taken from other successful customers), follow those rules, and never break those rules.
- Follow our advice to the letter.
- Take ownership of their own mistakes, correct them, and don't repeat them.
- Learn how the economy works, how reports impact it, and how the markets interpret them.
- Understand they are not special, they are not smarter than the markets, and take all of this to heart and work hard.
Unsuccessful customers will:
- Strategy hop, trying numerous strategies in a short period of time when one "doesn't work."
- Use brand new sets of settings in live accounts that haven't been thoroughly tested.
- Never use demos, and jump straight into paid evals.
- Not follow rules, or follow them loosely.
- Ignore our advice.
- Blame everyone else for mistakes.
- Not take the time to learn how the reports work or how the markets interpret them.
- Believe they are special, will read all of this, and think it's nonsense.