How long should I start to trade after studying?

After training, you need to go through practice on a demo account, this is really what will give you, we are very much.

Trade on a demo straight away. Best to do this while you are studying it will give you a better understanding of what you are doing

The demo account is used for practice. It is best to trade at a demo account for at least 4 months.

anneyates posted:
If you are done with the course, you can surely begin with demo accounts at different broker platforms. Practice as much as you can.

I also agree. At least practice 5 to 6 months in the demo account. After that think about low investment.

LyudmilLukanov posted:
The demo account is used for practice. It is best to trade at a demo account for at least 4 months.

A demo is the best place to learn and practice trading.

Learning never ends. It's a never ending process. Market is ever changing. To cope with it you have to keep improving your skills and experience.

Miki_Bao posted:
I've read some information in Babypips for months, and also some trading instruction/guide in some brokers' website.
I just don't know when to start? How do I know I am ready?

It’s always learning
Start with a demo account until you feel comfortable

Well, nobody prohibits you to start trading right away without any special preparation for it. You have to understand that experience in trading activity comes with practice. The more practice you will have, the earlier you will gain success. Of course, learning is really significant in trading activity, but if you have already passed basic courses and know basc notions, then you already are ready to start trading activity. If you still doubt in your strengths then you can starts off from demo account. There you will gain a bit of experience and then you can go to the real account. Only by these step you will gain success.

It depends solely on your personal objectives actually. Not all trader start from trading on real account right away, the vast majority prefers to stay on demo for particular period of time and only then they start trading on real accounts with their own money. I believe such approach is the most wisest, becaude demo account clarifies you all the pecualirities of trading activity and on this stage you should decide whether you continue develop your skills and move to real account, or you leave this activity. I'm convinced that there is no such a notion as 'how long', it should be transformed into 'as soon as I gain knowledge and experience, I will move to real account'.

Wrathdragon posted:
It depends solely on your personal objectives actually. Not all trader start from trading on real account right away, the vast majority prefers to stay on demo for particular period of time and only then they start trading on real accounts with their own money. I believe such approach is the most wisest, becaude demo account clarifies you all the pecualirities of trading activity and on this stage you should decide whether you continue develop your skills and move to real account, or you leave this activity. I'm convinced that there is no such a notion as 'how long', it should be transformed into 'as soon as I gain knowledge and experience, I will move to real account'.

Yes. You are absolutely right.

Well, here all traders decide on their own, how long they have to learn. I believe that if you have noticed some results from your learning, for example, you have already created demo account and successfully practiced at it, you created your own trading strategy and it showed results, then it's the right time to move on a real account. As far as I concerned, the matter here is to understand that you might be wrong with the strategy and you might be failed, but don't worry and never give up. Those ones who never give up, reach their goals much faster than those ones who always give up the idea of earning with trading.

It depends on how you are steady with your learning. Once I was done learning, I decided to hop in demo with fxview so that I can get familiar with tools and techniques when trading. It took me a year to go live and start trying to make a consistent profit.

I agree that learning to trade is an eternal process. You will most likely continue learning on a real account. Trading is a very dynamic thing. It always changes, something new constantly shows up that can’t be traded as assets of the past.

Be your own supervisor and measure your performance periodically. Periodical measurement of performance is needed because it helps a trader understand his lacking.

Did you practise on a demo account for a while? You will know you’re confident enough to take real risk. So, start accordingly!

Baccasa34 posted:
Be your own supervisor and measure your performance periodically. Periodical measurement of performance is needed because it helps a trader understand his lacking.

Traders should understand their learning capacity and accordingly decide when they’re ready to start live trading.