I notice rational explanations have been given over the years as to why Nadex Demo is different than Nadex Live.
The bottom line is Nadex Demo is NOT the same as Nadex Live, and it’s DECEITFUL.
When I was first training with Demo, over a period of time, I brought my account up from the initial $25,000 to $130,000. Amazing! Spectacular! I was getting automated notes from Nadex saying how incredible I was, and it was time for me to get a Live account. I’d figured I learned how to do this!
Well, not even close.
I could not accomplish anything near in Live what I did in Demo. As a matter of fact, I lost quite a bit of money. To add insult to injury, when your account gets below a certain level, Nadex throws it in your face to add money to your account every time you log in. It’s as if Nadex wants you to get overconfident in Demo, knowing that when you go Live, you’ll blow your account, and you’ll keep adding money like you’re a gambling addict.
Over the years, many of us have contacted Nadex about the differences between Live and Demo, but nothing has been done. If Darrell can’t convince them to make the Live and Demo feed the same, it’s less likely to happen. Of course, all of us should still continue to send in our requests to Nadex to fix this issue. Like most companies, they’ll only make positive changes when they start losing customers and/or getting real competition from other competitors. Until then, we have to deal with it.
Since Nadex will not use the Live feed for Demo, we have to find other ways to adjust. Manually writing down Live strike prices and watching the trade results are pretty much the only real ways to train yourself. This is what I’ve been doing since I’ve reduced using Demo.
Don’t get me wrong. Demo does have some benefits. It’s good for discipline and practicing your strategies. Sometimes, the prices are even the same, depending on the level of volatility.
Bottom line, we have to make the best of what’s available. (Either that or just don’t trade Nadex.)