As long as you don't master one strategy on which you start getting good results, you should stick to demo account. If you will try to learn trading directly on a live account, then you can get in to all sorts of trouble.
I think it depends a lot on your personality and your ability to learn fast. For me this time was around 5 months because I was quite reluctant to hurry and to risk my real moey. In addition I was learning on the go and I didn't feel too ready during the first months. So my advice here would be to listen to yourself and see what you know and how well you do on your demo. It's better to be late here, for sure.I've traded with demo account around 1 month and half now. I do my business full time, currently my income is from affiliate marketing, but I want additional income from forex as well. Since I do my business full time, I have lots of time staring at MT4 chart, opening trades and gain experience. I won some and lose some. I'm not sure whether I'm ready or not to trade with live account, especially with big capital. Can anyone give me the idea? How long do I have to trade with demo account? 4 months? 6 months? To those who's going to post in this thread, how long had you been trading with demo acc? Care to share your experience?
And when you start with real money, start small. You can always deposit more funds if you're doing good.I think it depends a lot on your personality and your ability to learn fast. For me this time was around 5 months because I was quite reluctant to hurry and to risk my real moey. In addition I was learning on the go and I didn't feel too ready during the first months. So my advice here would be to listen to yourself and see what you know and how well you do on your demo. It's better to be late here, for sure.
If we can understand with the market pattern which in forex market usually occur different pattern, hence we an trying to adjusted strategy according the trend market, like as if we know trend market on sideays or move on certain range timeframe, we can trying use scalping or short term trading, and if we know trend very strong move we can trade for long term plan.Yes we need to make use of different types of trading strategies in our trading as that will make sure that we will be able to gain income in some of the trades that we are doing