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Demo trading
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David331

Member Since Jan 07, 2019  19 posts David331 (David331) Jan 11 at 06:58
6-12 months in demo and later open real

NascarLover

Member Since Jan 11, 2019  8 posts NascarLover Jan 11 at 11:04
I think that is too long. I trade demo for 12 months and had big problem when I went live. I wish I had gone live sooner but onto a micro account with low leverage. That is a much better way to understand how the markets really work

xieyu

Member Since Jan 06, 2019  2 posts xieyu Jan 13 at 07:39
3-6 months in dome, i agree. and when i do not have a large acount, dome is a good choice for me to test my strategy.

Tcollinwood

Member Since Jan 15, 2019  11 posts Tcollinwood Jan 15 at 11:57
I also think 3-6 months is enough. Then move on to micro account for at least 12 months. That is a better way to learn. It is easy to forget the lessons from losing 200 demo pips but when there is real money at stake (even a small amount) the losses will be remembered and solutions found

Ahm1n

Member Since Jul 17, 2018  1 posts Lu3ky13 (Ahm1n) Jan 16 at 07:52
For me, the demo is supposed to be for those who are really really a beginner trader whereby you need to familiarise with the mt4 platform itself like eg; how to buy or sell. how to sell limit or buy limit etc. And also to test out the strategies that you like. Ones you are comfortable with the MT4 platform and your strategy is working then you can start trading live account. Ones you enter live account than another problem coming in, emotion. Yes, your emotion is the killer. be disciplined and manage your risk/money. Most of all, be patient.

MontaBill

Member Since Jan 17, 2019  7 posts MontaBill Jan 17 at 11:41
Totally, demo is just to get familiar with platform not to learn trading for real. That can only be done with a real account. I think demo is waste of time if you are serious about trading. Get a real account and get the feeling of having real money on the line

David331

Member Since Jan 07, 2019  19 posts David331 (David331) Jan 17 at 13:39
first better loss money in demo and later if you have experience you can start with real account

jamesgwyther

Member Since Aug 05, 2017  269 posts jamesgwyther Jan 17 at 13:40
MontaBill posted:
Totally, demo is just to get familiar with platform not to learn trading for real. That can only be done with a real account. I think demo is waste of time if you are serious about trading. Get a real account and get the feeling of having real money on the line


I agree that you need to trade real money for real practice, especially with emotions but demo trading is vital to develop winning strategies.

Telfer

Member Since Jan 13, 2019  1 posts Telfer Jan 18 at 10:52
Demo helps beginners navigate the mt4 system including utilizing trading technical s and strategies. But more importantly you want to trade with the smart money so learn to read COT reports to add to your trading strategy. YouTube how to evaluate the report.

SaltaLargo

Member Since Dec 10, 2018  8 posts SaltaLargo Jan 20 at 07:04
I find problem that most broker only have demo for 14-30 days. Do you know which brokers have demo active for unlimited time??

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