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How long on a demo account

LyudmilLukanov
Feb 26 at 04:55
377 príspevkov
Demo is the best option to learn trading. New trader should spend at least 4months in demo trading.

Sarjohn (Sarjohn)
Mar 06 at 08:08
131 príspevkov
Fx_howie posted:
Sarjohn posted:
I use demo account for more than 6 months to practice trade but even after opening live account I still use demo account for testing new strategies.

I also do the same.

Good to know that.

Sarjohn (Sarjohn)
Mar 08 at 10:57
131 príspevkov
Sarjohn posted:
Fx_howie posted:
Sarjohn posted:
I use demo account for more than 6 months to practice trade but even after opening live account I still use demo account for testing new strategies.

I also do the same.

Good to know that.

Also, how long you have started live trading?

Mohammadi
Mar 10 at 07:55
875 príspevkov
I would recommend demo trading for all newbie but as an old trader I get bored of the demo sometimes and I’ve not look back since cause I can use mini account to trade and practice but i no longer need to practice since I have gained a lot of experience in the real market since then so I do not use demo cause its kind of boning but newbie should never pass up that chance because it will help them out significantly to gain more experiences and knowledge and to make mistakes as well. We all need to pass up all of those mistakes with fake virtual money rather than real money for sure.

Adribaasmet
Mar 10 at 09:40
937 príspevkov
Demo is the most decent way of learning Forex trading, but I also use back testing feature of Mt4 trading platform. Yes, no doubt demo is useful, but it’s a slow process! Besides, back testing is quick process! I used back testing after practicing my demo for 5 months.

davegordon
Mar 10 at 09:56
13 príspevkov
LyudmilLukanov posted:
Demo is the best option to learn trading. New trader should spend at least 4months in demo trading.

Four is so long!

Starcliff
Mar 10 at 11:45
41 príspevkov
Everyone should understand how long he should lead on a demo account.

Carlos122
Mar 10 at 14:36
15 príspevkov
I advice beginners to start live forex when you feel really confident about your trading strategy and if you have made consistent profit in a demo account.

Aurisida
Mar 14 at 10:40
36 príspevkov
If trading on a demo account shows good results and a good work of a trading strategy, then it's time to switch to a real account.

KnowFinance
Mar 15 at 12:12
80 príspevkov
One should practice on demo accounts until they get familiar with the market as well as of the platform and gain confidence enough to make live trades.

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