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How long on a demo account
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SyahNarufx

Member Since Dec 05, 2016  3 posts Mohd Syahiruddin bin Hamsin (SyahNarufx) Oct 21 2018 at 07:07
chesterjohn posted:
How long did you spend on a demo account before going into real trading?

I've been trading 3 weeks on demo accounts. It's 2 different accounts because I started a new one to replicate exactly what my real account will be, the other is now a mess about account to play with.

I've got 3 consecutive profitable weeks totalling about 16% with 6% dd. I'm keen to get started, but still making to odd silly mistake. How does my record sound to people who are experienced?



Demo you can run it your trading system without any loss of money, Actually most people seem misconception of being trader, Trader is not depend how good your make a money, but a REAL trader is he know how good he manage the risk.

For me, loss is our enemy and profit is our friend, so you must overcome the enemy when your test ur system. I usually use a Demo account for testing my trading system and I make a challenge to Try as best as I can to Margin Call the demo account.. Not by taking how much i get money from it. Believed me, when your system are being tested and difficult to get MC, profit will come like a Magic.

SyahiruddinTLDM@
yellowman94

Member Since Oct 09, 2018  41 posts yellowman94 Oct 22 2018 at 11:16
demo account should be traded for 4-5 months only (according to me).

dianajs

Member Since Dec 09, 2015  823 posts dianajs Oct 22 2018 at 13:29
yellowman94 posted:
demo account should be traded for 4-5 months only (according to me).


Why do you think it should be that long?

yellowman94

Member Since Oct 09, 2018  41 posts yellowman94 Oct 23 2018 at 07:01
dianajs posted:
yellowman94 posted:
demo account should be traded for 4-5 months only (according to me).


Why do you think it should be that long?

i am saying only for 4-5months. not more than that. if you are comfortable before that go for real account.

dianajs

Member Since Dec 09, 2015  823 posts dianajs Oct 23 2018 at 11:21
I agree. I also think that some people occasionally trade for longer than that. Different strokes for different people.

yellowman94

Member Since Oct 09, 2018  41 posts yellowman94 Oct 24 2018 at 14:29
dianajs posted:
I agree. I also think that some people occasionally trade for longer than that. Different strokes for different people.

agreed.

TiffanyK

Member Since Feb 12, 2016  427 posts Tiffany (TiffanyK) Oct 25 2018 at 14:11
Its different for the different types of trades. I believe there is no a unified period that should apply for all. To be honest I still keep my demo and test there my new EA on some new symbols that the broker is releasing – like the new cryptos ( I still can’t fully understand them ☹ )

Accept the loss as experience
snapdragon1970

Member Since Sep 12, 2015  1943 posts kieran (snapdragon1970) Oct 25 2018 at 14:16
yellowman94 posted:
dianajs posted:
yellowman94 posted:
demo account should be traded for 4-5 months only (according to me).


Why do you think it should be that long?

i am saying only for 4-5months. not more than that. if you are comfortable before that go for real account.

I think he means years!according to me

"They mistook leverage with genius".
dianajs

Member Since Dec 09, 2015  823 posts dianajs Oct 27 2018 at 14:20
TiffanyK posted:
Its different for the different types of trades. I believe there is no a unified period that should apply for all. To be honest I still keep my demo and test there my new EA on some new symbols that the broker is releasing – like the new cryptos ( I still can’t fully understand them ☹ )


I have been trading for almost a decade and I still occasionally use my demo account too. Any time I want to test a strategy or examine a trading instrument I haven't used before, or just to train myself I turn to that account.

yellowman94

Member Since Oct 09, 2018  41 posts yellowman94 Oct 28 2018 at 07:32
snapdragon1970 posted:
yellowman94 posted:
dianajs posted:
yellowman94 posted:
demo account should be traded for 4-5 months only (according to me).


Why do you think it should be that long?

i am saying only for 4-5months. not more than that. if you are comfortable before that go for real account.

I think he means years!according to me

i didn't get you. who means years?

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