1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

How long did it take you to go from demo to live?

Discussion in 'General Forex Talk' started by sv2308, Feb 28, 2016.

?

How long did it take you to go from demo to live?

  1. dianajs

    dianajs Private, 1st Class

    Joined:
    Dec 9, 2015
    Messages:
    778
    Likes Received:
    41
    How long is short term usage can be subjective depending on the person. How long was that for you?
     
  2. Anthony23

    Anthony23 Recruit

    Joined:
    Dec 23, 2017
    Messages:
    78
    Likes Received:
    6
    Maximum it takes a three months tenure to get complete skills and a good experience. Practice makes men perfact. A good skills are helpful in live working. Many people and organisations also suggest six months of period for perfactionate work. It depends on you.
     
  3. dianajs

    dianajs Private, 1st Class

    Joined:
    Dec 9, 2015
    Messages:
    778
    Likes Received:
    41
    How do you know it takes three months?
     
  4. bigdolly

    bigdolly Sergeant Major

    Joined:
    Oct 21, 2013
    Messages:
    815
    Likes Received:
    58
    Simply because it was his convenient target. I guess timeframes for learning are always different it depends on your learning abilities as well as time you spend on it.
     
  5. CryptoatForex

    CryptoatForex Recruit

    Joined:
    Jan 12, 2018
    Messages:
    185
    Likes Received:
    11
    Interesting that most people only did demo for 6 months. I would be interested to know how they are getting on LIVE?
     
  6. TrapLok

    TrapLok Recruit

    Joined:
    Mar 22, 2017
    Messages:
    127
    Likes Received:
    7
    Demo account trading is an excellent way to test your forex trading skills. The platform is free of cost and there is no actual losses in it. You should invest as much time as you can in it. It took me about four months of real dedication and hard-work to enter the real life trading.
     
  7. baby_trader

    baby_trader Recruit

    Joined:
    May 29, 2018
    Messages:
    14
    Likes Received:
    1
    I started trading live after 2 years of demo practise. It's a little bit more than avarage time for practising, but what I have done good on the demo I could implement it in the Live account. That doesn't mean I don't have losses, but I stick to my trading plan and with that my losses are not that big. Also as some of the people already mentioned I don't risk money I can't afford to lose, so I completely accepted the risk when I enter the market.
     
  8. bigdolly

    bigdolly Sergeant Major

    Joined:
    Oct 21, 2013
    Messages:
    815
    Likes Received:
    58
    What's your average winning ratio then. You set reasonable targets and it's great for you as only seasoned trading can maintain cool-headed approach and don't give way to emotions.
     
  9. nahiyar

    nahiyar Private, 1st Class

    Joined:
    Jul 30, 2011
    Messages:
    704
    Likes Received:
    37
    Yes quite long time because average traders hardly spend 2 to 3 months , Only few go to 6 month trading practice on demo. This is very short time when you learn all about forex trading. Loss is not bad if you learn lesson from it , you can make your trading more effective by eliminating these mistakes. Then risk will not just loss for a trader he can make it reward by doing practice on demo to find good ways of trading.
     
  10. Whitesnake

    Whitesnake Corporal

    Joined:
    May 9, 2013
    Messages:
    428
    Likes Received:
    30
    True, learning from the trading mistakes can be one of the greatest assets for the traders. But most of the times in real life scenarios traders fail to recognize this and only make more and more losses if they become emotional. Avoiding emotions is of utmost importance in trading business.
     

Share This Page