How long on a demo account
Biedrs kopš
21 ieraksti
Jul 14, 2020 at 17:40
The main task of a demo account is to teach you the basics of trading, to make you understand if you have learned how to trade and give you confidence in real trading. There is no definite period for a demo account, as everyone has a different learning curve. The main thing is to feel confident that you are ready to trade, and then you can start real trading.
Biedrs kopš
23 ieraksti
Jul 16, 2020 at 14:05
On average, to adapt to trading, I advise trading on a demo account for about 2-3 months. This time should be enough for you to understand the basics of a trader, to understand the main rules and the basics of trading. The main thing is not to open a large account at once, start with small investments, and then increase your investment over time.
Biedrs kopš
34 ieraksti
Jul 17, 2020 at 07:30
According to me 3-4 months are enough on demo account.
Biedrs kopš
327 ieraksti
Jul 20, 2020 at 07:08
i trade in demo as new Forex trader only 1 month , now i realize it was not enough , minimum beginners should trade 3-5 months on there to bring good knowledge and experience.
Biedrs kopš
1 ieraksti
Jul 20, 2020 at 07:12
Once you are comfortable trading in Demo, try for 4 consecutive weeks in the green.
If a week is in the red start over. This gives you a goal to work towards at least...
If a week is in the red start over. This gives you a goal to work towards at least...
Biedrs kopš
8 ieraksti
Jul 20, 2020 at 10:02
Not more than a month. Demo is just to get familiar with the trading platform. Once you are familiar, have tested your strategies and checked the spreads etc, you are good to go live then.
Biedrs kopš
4862 ieraksti
Jul 20, 2020 at 11:44
3 months demo
3 months on cent
then real big
3 months on cent
then real big
Biedrs kopš
10 ieraksti
Jul 20, 2020 at 11:59
At least 3 months. Demo is to help you train to be a Forex trader. Only go live when you can make consistent money on demo
Biedrs kopš
52 ieraksti
Jul 22, 2020 at 06:25
Atleast 4-5 months i'd say.
Biedrs kopš
9 ieraksti
Jul 26, 2020 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
Biedrs kopš
5 ieraksti
Jul 26, 2020 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. 😄
Biedrs kopš
5 ieraksti
Jul 26, 2020 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.
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.
Biedrs kopš
102 ieraksti
Jul 27, 2020 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.
Biedrs kopš
9 ieraksti
Jul 27, 2020 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
Biedrs kopš
81 ieraksti
Jul 27, 2020 at 15:27
You must learn how to profit from the market, and do it consistently.
Biedrs kopš
231 ieraksti
Jul 28, 2020 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.
Biedrs kopš
41 ieraksti
Jul 29, 2020 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.
Biedrs kopš
28 ieraksti
Jul 29, 2020 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.
Biedrs kopš
9 ieraksti
Jul 29, 2020 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.
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
Biedrs kopš
9 ieraksti
Jul 30, 2020 at 08:16
Shelby10 posted:
You have to use the demo account till you make perfect for the live trading. When you realize that you can make money from this market, you can move to real account form demo account.
I know it by my problem is with my sysytem. I don't know how to choose a prfoitable Startegy.
Trading Is My Point Of view
