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

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

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

  1. snilson

    snilson Recruit

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    if u use math+trading you can start after.. 3-6 month. indicators (for me) are bad. now i use only math methods, like hedgetradingsystem grid.
     
  2. CryptoatForex

    CryptoatForex Recruit

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    Win or Learn.
     
  3. carnelian

    carnelian Private

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    2 years is more than sufficient time for trading practice. I said this because you will be itching to step in real market just after 1 month of demo trading because it is tempting to earn profits in real account.
     
  4. TraderForever

    TraderForever Recruit

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    I moved from demo to live 1 year so voted the same :D I'm aware that it's not too long, as some here say that you need at least 2 years. in my case I have my mentor by my side and still not trading too much of my money.
     
  5. Gateluri

    Gateluri Recruit

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    I would recommend at least 6 months in demo account. Certainly, the longer the practice the better would be results on real account. This is why I am always advising new trader to take as much time as necessary and not to rush on live market, as there are differences between demo and real account
     
  6. Christina Ledger

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    took me a about a year to master the basics,on and off when i had time to study the fundamentals to get started, i was on demo throughout the entire learning process for about a year before i started to look at opening a live account. I think with forex, it is a never ending process though
     
  7. Morning1234

    Morning1234 Private, 1st Class

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    I did not trade on the demo and very sorry about it. It seemed to me that I know everything and will definitely get a profit. I thought I was holding the Holy Grail and I was going to make a lot of money. But I lost my first trading account very quickly.
     
  8. KristenLove

    KristenLove Recruit

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    I like this answer because this is so true! I use demo accaunt all the time when I try some new way of trading

    But if we talk about how long it took to at least start trying real account I would say from 4 to 6 month.
     
  9. Olieng38

    Olieng38 Private, 1st Class

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    i am still on that demo account, I am trying different brokers though anyway in hope I will like some of them somehow and that's really it. I think lot of people here have day jobs and they simply can't trade full time for example for many many reasons.
     
  10. Notati

    Notati Recruit

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    Demo accounts are really to be used forever. I mean, in the beginning you are using them for learning, but later different indicators or methods can be explored. In addition, you can test your brokers platform on demo account to get familiar with it
     

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