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How long do I have to trade with demo account?

Discussion in 'Beginners Bootcamp' started by Azlan00IM, Jul 3, 2015.

  1. nahiyar

    nahiyar Private, 1st Class

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    I had many regrets after starting live trading .I think many times I should spend some more time with demo account to get more skill of trading the weakness I had in real trading should be treated well by practicing on demo.
     
  2. EuroTrader

    EuroTrader Sergeant Major

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    It is a fact that whenever we are doing live trades we will need a good amount of trading experience which can come only after doing some practice in the Demo trading accounts :)
     
  3. downtrend

    downtrend Sergeant

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    If you understand you strategy in less time, then you can start trading in a real account early. Understanding of strategy takes different time from person to person, so its mostly dependent on your picking level.
     
  4. Kikkert

    Kikkert Private, 1st Class

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    At the same time demo could show you forex from the different side, light one, with regular income and etc. kind of things
     
  5. EuroTrader

    EuroTrader Sergeant Major

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    With the help of the Demo accounts you can learn trading easily and also this will give you the added benefits of doing your trades at any time :)
     
  6. Kikkert

    Kikkert Private, 1st Class

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    this is the light side of demo, I've mentioned the dark one :cool:, I in my time was very surprised with difference which I faced with when moving from real to demo...and not in a good way
     
  7. EuroTrader

    EuroTrader Sergeant Major

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    Moving from the Real trading to the Demo trading is not going to be easy for us. We all know that whenever we are doing trades in the Demo it seems easy but that is not the case when trading in the Real accounts :)
     
  8. Kikkert

    Kikkert Private, 1st Class

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    Oh God, of course I meant from demo to real...thinking about forex as an easy thing is kind of newbie stuff I guess, whenever you think that it's easy forex puts you down to eartho_O
     
  9. EuroTrader

    EuroTrader Sergeant Major

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    It is true that it looks very easy but the real thing is that when we start doing our trades then at that point we have to maintain our profits :)
     
  10. nick.bern

    nick.bern Recruit

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    I've been using demo for about 6 months when I started, but sincerely, I think I needed more time. I think a year is okay because, truth be told, you can't learn all for that short amount of time. You need time to develop strategy and study charts a bit and then you are ready to go. So it is actually all on you-everyone needs different amount of time.
     

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