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How long on a demo account

Malajind
Sep 12 2020 at 05:30
posts 75
It seems to me that 3 months is an approximate period, and you will need to be guided by how you feel during trading and how ready you are for real

FXPips11
Sep 12 2020 at 16:56
posts 5
double demo account 5 times, with hand writen reasoning for each trade, outcome, daily journal

Pegima (pegima)
Sep 13 2020 at 08:49
posts 22
I have traded in a demo for about 2 months then moved to live account but whenever I want to test something new, I will test that in a demo account before trying that in a live account. My suggestion for any newbie is to trade in a demo account until you start to make a decent profit, then move to a smaller live account. Then you can gradually increase the lot size based on your level of success.

shaunmarsh
Oct 07 2020 at 08:24
posts 65
A demo account will build your decision making power once you master in it you can go with real money and that will teach you how to handle the risk and your emotions of fear.

marktaylor
Oct 07 2020 at 08:25
posts 21
Make sure to not spend way too much time on demo account, as it can lead to bad trading practices. Try not to exceed using a demo account for more than 5 months.

Tygotaylor
Oct 08 2020 at 10:20
posts 33
Shelby10
Oct 08 2020 at 18:39
posts 140
Demo account helps to increase your trading ability and get proper knowledge about many more things about trading.

Fxg54
Oct 08 2020 at 19:55
posts 168
pegima posted:
I have traded in a demo for about 2 months then moved to live account but whenever I want to test something new, I will test that in a demo account before trying that in a live account. My suggestion for any newbie is to trade in a demo account until you start to make a decent profit, then move to a smaller live account. Then you can gradually increase the lot size based on your level of success.


Of all said this is the best way to go.... :D

Amber_0302
Oct 09 2020 at 06:03
posts 54
Demo account helps you to learn more about trading and one can develop the strategy for live while working on demo and It's totally depends on you that how much time you're going to spend on demo account. you can trade on demo account unless you think you're confident enough to go live.

blandpatsyy
Oct 16 2020 at 12:03
posts 42
I think everything that has to be learned from a demo account can be done in max 3 months.

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