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how long to stay on demo

Discussion in 'Beginners Bootcamp' started by Carollynne, Apr 18, 2012.

  1. Addam

    Addam Recruit

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    That explains it very comprehensively. It is moving up the ladder one step at a time. There is no fixed time period and it varies depending upon individual’s ability to understand the trends in the movement, risk taking ability and also get a cue of the factors which affect the movement.
     
  2. Morten

    Morten Corporal

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    Lot of good thoughts and insight on graduating from demo to live. However, the trading strategy cannot exist in isolation to the market news flow. So, can anyone give some insights on how news influences your trading strategy? And may be, any specific example..
     
  3. Naxramos

    Naxramos Recruit

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    Based on my own experience, I can say that it's better to switch to trading with real money as soon as possible, maybe with a micro account, but at least you can psychologically adapt to losses.
     
  4. Vlad_Vahnovanu

    Vlad_Vahnovanu Private, 1st Class

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    Yes, sure, but demo-account is necessary for checking strategies and indicators
     
  5. EURUSD

    EURUSD Sergeant Major

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    Yes right, very useful for backtest new ea before used on real account, and trying indicator as help tool, and will good if having trading journal during use indicator, might trader can making comparison what the best one.
     
  6. Thoris

    Thoris Private, 1st Class

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    If you already reading trough a lot of posts you really should be able to open demo account anyway and start doing some trades not looking for other people opinions anyway. That way it will take no more amount than it needed for your trades and no less.
     
  7. ScottyCarsonMVP

    ScottyCarsonMVP Private, 1st Class

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    Totally agree here
     

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