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Amadi
Mar 22 2019 at 08:53
11 príspevkov
There are two kinds of traders, those that use demo and learn how to trade, and those that start on a live account and expect to be millionaires at the end of the week . Which ones do you think are more likely to make any money!!! Demo is critical as is discipline

tracydavison
Mar 24 2019 at 07:20
34 príspevkov
I am on demo and plan on staying there for a while lol. how long do you guys recommend?

Adam Cantor (AdamCantor)
Mar 28 2019 at 15:40
98 príspevkov
i would say for as long as you need to/feel confident/make consistent profits. i sometimes go back to demos even though i live trade. sometimes if i want to try a new broker or new instruments i go back to demo for a bit. if it is any consolation, i was on demo only for over a year before i switched to live trading.

best of luck!

SurePath
dWaverFX
Mar 29 2019 at 05:52
13 príspevkov
Amadi posted:
There are two kinds of traders, those that use demo and learn how to trade, and those that start on a live account and expect to be millionaires at the end of the week . Which ones do you think are more likely to make any money!!! Demo is critical as is discipline



Is that a trick question?😁
Obviously, the guy on the live account has more chances to make money. The guy on the demo account will never make any money because demo money is not acceptable anywhere, it is not a currency, for your information you cannot even cash it. You better wake up and smell the coffee and go live. Another option start your own cryptocurrency and name it demo money, it may work. 😁
Once, I saw a guy at the bank with a stack of Canadian Tire money trying to redeem it. Unfortunately, the teller had to tell him the truth and snap him out of coma. Embarrassing.

4MoreYears
Mar 29 2019 at 07:00
11 príspevkov
I sometimes go back to demo. If I make changes to a strategy or try out a new one then I will demo trade it for a few months. Sometimes it works sometimes it doesn't but it is safer to fail on demo than on live account

bdelam
Mar 31 2019 at 10:42
26 príspevkov
just paranoid... i am successful on demo that i think somebody's cashing in on the live side... (ugh!)

begin fm below. no man w/ 4 aces asks for a new deal.
ScottyCarsonMVP
Apr 01 2019 at 06:00
54 príspevkov
AdamCantor posted:
i would say for as long as you need to/feel confident/make consistent profits. i sometimes go back to demos even though i live trade. sometimes if i want to try a new broker or new instruments i go back to demo for a bit. if it is any consolation, i was on demo only for over a year before i switched to live trading.

best of luck!


Totally agree here

Adam Cantor (AdamCantor)
Apr 02 2019 at 05:58
98 príspevkov
bdelam posted:
just paranoid... i am successful on demo that i think somebody's cashing in on the live side... (ugh!)


that shouldn't be the case because a demo of a broker should reflect their trading conditions (spread/leverage/trade commission charges)

the one thing a demo can't really show is things like slippage, which of course you could get on a live account.

best of luck, and keep going! If need be, go back to demo for a bit, or maybe try a few other broker's demos and see how you go :) maybe you need a different set of trading conditions.

maexpertadvisor (FMovingAverage)
Apr 04 2019 at 11:53
24 príspevkov
Amadi posted:
There are two kinds of traders, those that use demo and learn how to trade, and those that start on a live account and expect to be millionaires at the end of the week . Which ones do you think are more likely to make any money!!! Demo is critical as is discipline


Demo trading is good for testing your new strategy, getting familiar with an EA or a platform and just get a feel for trading.. even though it's results not comparable to live trading. But I think as a beginner, you shouldn't be on demo too long, it will mess up your psychology.

Mohammadi
Apr 05 2019 at 03:41
886 príspevkov
practice on demo , from here i can see all my strategies performance . this always supports me to avoid unfortunate losses and risk.

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