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How long on a demo account
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yasernabavi

Member Since Apr 07, 2020  9 posts mrnewtrader (yasernabavi) Jul 26 at 15:25
snapdragon1970 posted:
About a year ,then a small live account for further testing.
My advice is close the mess about account, focus on the one that matters
It's too soon to say how it will go ,need a longer time frame to evaluate


When I can recognize that I can enter real money and work with it?
I have traded form september in demo account and not about loss.
I am going to disappoint from trading but I love it really.
If you help me I will be tahnks.
I think the problem is with my system but i;m not sure

Trading Is My Point Of view
algooli

Member Since Jun 17, 2013  5 posts algooli Jul 26 at 17:29
I'm trading with my 22 EAs on my demo and live simultaneously. Starting on live with microlot and compare the EAs orders demo to live. So you can see which one is really working as predicted or is not acceptable and must be deleted. smiley

redkabin

Member Since May 16, 2020  5 posts RedKabin (redkabin) Jul 26 at 23:48
NULL; you should only use a demo account to understand how trades are placed, edited, stop losses and profit stops are placed and to get an overall understanding of how your broker works, margin, required margin, cut off margin, equity vs balance etc.

demo doesnt give experience it gives false hope.
once youre accustomed to how everything broker wise works, and youre up to date on chart patterns, news etc then go live.

Warren Buffet is an over-rated swamp snake
cardigan

Member Since Jul 27, 2020  56 posts cardigan Jul 27 at 06:29
I remember taking almost 9 months trading in demo account because I want to make sure if I was able to make a consistency profit before taking on the live account. I will say that it would be good if are able to make the consistency in less than a year. It is not bad if it is over, but you should be making the consistency and able to strategize in risk management.

yasernabavi

Member Since Apr 07, 2020  9 posts mrnewtrader (yasernabavi) Jul 27 at 07:17
cardigan posted:
I remember taking almost 9 months trading in demo account because I want to make sure if I was able to make a consistency profit before taking on the live account. I will say that it would be good if are able to make the consistency in less than a year. It is not bad if it is over, but you should be making the consistency and able to strategize in risk management.


It's ok, but my question is how I can test my strategy?
Is there any thing to do it?

Trading Is My Point Of view
Beagelv

Member Since Jul 27, 2020  30 posts Beagelv Jul 27 at 15:27
You must learn how to profit from the market, and do it consistently.

Dictiony

Member Since Apr 01, 2020  132 posts Dictiony Jul 28 at 00:28
You must trade on demo account for atleast 6 months and learn how to make from the market and how to make new sterategies and plans to move good in real account.

ethan_65

Member Since Feb 07, 2020  41 posts ethan_65 Jul 29 at 10:00
There is no specific time frame for the usage of a demo account. It completely depends upon the trader how long he wants to stay on a demo. I think a trader must not leave a demo account until he gets fully assured about trading.

Buzargas

Member Since May 14, 2019  22 posts Buzargas Jul 29 at 16:51
It often takes about 3-4 months to trade on a demo account. This period is enough to allow you to adapt, learn the strategies and types of trading that are suitable for you. But I believe that this period should be regulated by each trader individually. The main thing is that you feel confident in your decisions and get the right amount of experience for real trading.

yasernabavi

Member Since Apr 07, 2020  9 posts mrnewtrader (yasernabavi) Jul 29 at 16:57
Thank you all for your answers.
But you know I don't have a comprehensive trading system and it makes me nervous about future.
I like to do it simple as I can but this system that I have does not work after 5 months.

Trading Is My Point Of view
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