Forex Harvey
Private, 1st Class
- Messages
- 52
2-3 months at least. I think it depends on the individual also.
It is nice decision that you realize you have to go to demo again to learn properly. When you use your mind and see what happens in trading with your certain trading attitude you will definitely learn and manage your amount with efforts. This is real learning because it assures you that you have to do something with reason.I started live if im honest and blew two accounts and then finally used my head and went to demo. I was demoing for 2 months before attempting to go live again. Worked so much better
When you feel confidentI’ve spent quite a lot of time practicing on a demo account about 6 months in total then moved to opening a small account to practice trading with actually money. When did you feel comfortable enough to invest a substantial amount into trading ?
Thank you I’ll take on that adviceI would suggest you top-up your live trading account periodically as and when you have some spare cash.
That will not only slowly increase the size of your trading account, but give you more margin to trade with when you get that near-perfect trade setup.
BUT, please do not go with a scumbag broker....thoroughly research the broker before depositing money with them because we really do not wish to see another scam statistics here at the FPA.
Good luck, take care, and stay safe!
I demo'd for about 6 months before going live, I dipped my toes a little prior with low deposit brokers but realised I was generally wasting my time.I’ve spent quite a lot of time practicing on a demo account about 6 months in total then moved to opening a small account to practice trading with actually money. When did you feel comfortable enough to invest a substantial amount into trading ?
A small account and how consistent you are would determine to me when to invest more.I’ve spent quite a lot of time practicing on a demo account about 6 months in total then moved to opening a small account to practice trading with actually money. When did you feel comfortable enough to invest a substantial amount into trading ?