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I actually believe i think 5 months as minimum is good time to spend on demo during this time you collct capital untill you reach 1000 $ minimum and in those 5 months you need to build a strategy and test it well
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when i said to my brother that i like forex and i want to work with forex he advised to me that if i am interested to do work with forex then i should must practice on a demo account because if we are able to trade then it is possible that we will get success and practice makes a man perfect.
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In fact I believe demo account to learn to read a chart or a candlestick that is in MT4, so when we go on a real account we are used to display MT4 and his chart and if we want a challenge and getting the psychology of trading.
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I actually believe demo account is used for learning forex trading and it depends on person that how seriously he takes his learning time and how he manages to use demo account and thus i think minimum 4 months are required for demo account.
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This depends upon u learning apptitude, if u understand of knowledge is actually good and then it is actually far better to trade on demo with regard to a minimum of one month and whenever u turn out to be acquainted with trading resources u ought to rapidly shift in order to be able for you to help real trading as a result of u learning starts upabout real trading. On demo u just obtain the familiarity of the actual resources of the actual terminal.
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Hi friends , i am a forex trader , i think demo is the best place to learn to forex business . We should must demo trading before starting the living trading because live trading is very risky place and learning is must nessecry for trading with forex business .
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i think 1 year karna chayie demo practice and forex aik easy business hia aur mein ny forex ko sab sy phlay achay sy learn kiya pir is forum sy forex ko learn kiya aur youtube par mein ny achay sy forex ko dekha aur samja tab mein is business sy achi money make karta hoo aur freely is business ko understand kiya so aap bi is business ko easily understand kar skatay ho.
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I actually think without practicing in demo account any trader is very hard how to work next in real trade. we have to trade for practice in demo account at least 3 month . As we know that demo trading makes any trader have good experienced and have good prepared for doing real business in forex market later .
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If you do this trade properly then it is possible to start Forex trade 100$ .so we must be able to work hard and to strive in Forex trading so that we can benefit in this Forex. try to make good plan and create a successful trader...thank you.
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I personally consider that the more and more learn about forex so it is great ast all the matter so best at all the mater a trader neesd proper information for forex trade so it is great at all trader.