Demo accounts are for learning the platform, testing/backtesting, looking at charts to come up with ideas, nothing more.
Setup, your live account after you finish this 4th or 5th week, Get Everything exactly how you want it on your platform utilizing a demo AND than sign into your live account.
Trade the smallest size depending on your system, example; if you use multiple parcel close levels you could trade at .03 lots and close accordingly.
Nobody can on the web can tell you when you should go live.
LOL! You just told them to go live in 4th or 5th week. And then you said no one can tell someone to go live.
Sending some mixed information there.....
What can be said is this;
You will never learn if you can trade on a demo account.
NONSENSE. ALL new traders should ALWAYS start on demo to learn to trade.
You have to focus on your system rules not the win/loss or profit statement. ( Take screen shots of every trade, and notes of every trade.... search for 'TradeNote' or 'add complex notes to Metatrader 4' one of those is free the other a few bucks, best thing I ever added to MT4, if that's what you use.
Your Notes and screen shots should confirm you are taking trades PER YOUR PLAN!!!!!!
The Goal of your trading is to take All the trades All the time Per Your Plan, NOT TO MAKE MONEY!!!! The OUTCOME of following your Plan is Money.
Taking ALL the trades all the time? That's horrible advice.
ONLY trade to be profitable and adhere to STRICT risk management rules.
Do not chase system after system, or buy into all the snake oil salesman trying to sale you the next great thing or convince you your mentally imbalanced and need their 3000$ course to get your head straight, what BS.
Hey! We agree on something! Hooray! Paying $3000 for a trading course is absolutely a waste of time.
Your going to have Losers that's part of the game, trading small and building up your size is how you stay in the game for the long haul.
This is a marathon not a sprint!
Absolutely agree with you on this point.
If it looks too good to be true, it's probably a scam! Let the buyer beware.