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Hey everyone!
Quick question here, how long did you trade FX on a demo account before switching to real live trading??
& for everyone currently trading on a demo account, how long do you plan to utilize one before switching to real live trading??
Thanks in advance for all replies!
Forex^Expert
I took 3-4 month on Demo account before switching on to Live Trading Account. I tried different strategies/styles which can be used on a live trading account. I guess this much amount of time is sufficient to understand the basic concepts of market. You can cannot swim without entering into water, forex trading is just like that. You cannot trade unless you enter a live trading account.
I traded for 2 months solely on a demo account, then traded for the next 5 months on a demo as well as a micro account, before starting to really trade live.