Trading on demo is a very useful practice, I agree. But I think that it is more useful, try demo and after the first progressive trades try live and again demo , then live. This way will help to keep in mind a pressure of the real market and also training on the demo.It is real high % of traders fail in trading because they had not enough practice on demo account .They invest a little time as 1 or 2 months , are anxious to do live trading. Live trading appears hard to them and loss in their hand. If they spend some more time to understand forex they can do good with trading As they had more experience they feel now they are better than last months they did .
Hi there.
I'm still a newbie. I've been reading through a lot of posts and the consensus is to definitely demo trade before even thinking about using or losing my cash. For those avid traders, how long did you trade on a demo account before moving over to a live account. I know I can't base my timeline on any other individual's experience....but would just like to hear a few suggestions