Based on my own experience, I can say that it's better to switch to trading with real money as soon as possible, maybe with a micro account, but at least you can psychologically adapt to losses.
Yes right, very useful for backtest new ea before used on real account, and trying indicator as help tool, and will good if having trading journal during use indicator, might trader can making comparison what the best one.Yes, sure, but demo-account is necessary for checking strategies and indicators
Totally agree hereThat explains it very comprehensively. It is moving up the ladder one step at a time. There is no fixed time period and it varies depending upon individual’s ability to understand the trends in the movement, risk taking ability and also get a cue of the factors which affect the movement.