Moving to live trading

Nisoro

Recruit
Messages
67
The first month of trading is always being challanging for every trader. If you have good learning skills then it will be fun for you. I always try to learn something from my trades even now. if it goes wrong then build a new strategy and practice it again on demo account.
 

Tahntaman

Private
Messages
34
Hello, I strongly recommend you to practice live trading on a demo account before you start. You will learn to trade in practice, and it will be easier for you to switch to a real account. And most importantly, do not start trading with large amounts of money, start with small investments, and then you will be easier to deal with emotional stress.
 

jim67

Private, 1st Class
Messages
146
The first month of trading is always being challanging for every trader. If you have good learning skills then it will be fun for you. I always try to learn something from my trades even now. if it goes wrong then build a new strategy and practice it again on demo account.
losing some on a live account will teach you twice the amount a demo will but just dont put your life savings in
 

bigdolly

Sergeant Major
Messages
990
I think we have to move from demo to live when we are ready but it's hard to feel this moment because demo and live are different and this difference creates false impression that you are ready.
 

FxProTrader

Private
Messages
20
I think we have to move from demo to live when we are ready but it's hard to feel this moment because demo and live are different and this difference creates false impression that you are ready.
Trading in the Demo accounts may not be an easy task for us and we need to remain ready for doing a lot of Demo trading practice.
 

Oliver_30

Recruit
Messages
14
Build up your confidence, gain proper knowledge, and get familiar with the trading know-how before moving to a live account.
 

jim67

Private, 1st Class
Messages
146
start small and invest what you are willing to lose. not that you will be you need to be able to control your trading and emotions when you go live
 

JayJones

Sergeant
Messages
172
start small and invest what you are willing to lose. not that you will be you need to be able to control your trading and emotions when you go live
Yes you do need to sort emotions. That is the main difference between demo and live.
 

vvovan

Recruit
Messages
13
i read your post if a first grader goes to first grade and prepares bullying that mayn't happen. relax dude. forex isn't scary as it may seem. i would compare this feeling with first sx. exciting and desirable.
or are you a virgin? ))
no need worry so much that it won't work. you can specifically reduce lot size if you are afraid of losses. or if you are very confident in yourself then go ahead. don't listen anyone. especially eternally disgruntled whiners.
 

bigdolly

Sergeant Major
Messages
990
I think we have to move from demo to live when we are ready but it's hard to feel this moment because demo and live are different and this difference creates false impression that you understand and mastered trading.
 
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