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Nice question man that is question that every bargainer have on their mind First of I think go through Demo account start with exact same amount that you want to invest and if you are make in 5 times then you can go for real account.
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Haa ye baat to sahi hay ki Forex me sikhne ki koi kami nahi hoti hay. yaha pe bohot kuch sikhne ke liye hay. jab aap practice kar lete ho tab aapko ek samay ke baad apna aap he pata chal jata hay ki aap abhi ready ho real me trading karne ke liye.
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the trader will make choice for this, they will take the suitables strategies and methods for them, technical analysis or fundamental analysis,
they are some advantages and disadvantages from them then they just take for the risk and begin open position after they get learning and practicing
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Making money out of Forex trading is a difficult task, and needs lot of experience and this comes with Demo account trading for a long time with positive attitude. We can think are ready for real account trading when we are making a consistent profit for a month of around 4 to 5 months.
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This is also a good way to trade, I think you mean trading on the co-related pairs. Its good but first you have to get the knowledge and analyzing of one pair to a certain good level and then trade on both pairs by analyzing only one pair.
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when ever you test a strategy and experience all the possibilities.and take note of the looses and wins.then if you think this system can let you grow slowly or fast way then you can start to live trading.but the main rule is dont ever keep on change the strategy.if you will see that your system is not working anymore than go to another strategy and demo it first then back ti live trading.
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It is true that when a trader is able to make consistent and regular profits in demo account and have learned his trading style and different indicators and is confident about his trading that is a signal that he is ready to trade in real account .
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Making regular profits in demo account is a good sign for any trader that he is now confident and is able to make regular profits from his trades and they can then start to trade from real account .
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When a trader starts to earn consistent and regular profits from his trades in demo account and when he is confident about his abilities and skills then he should know that it is the time to shift the focus and start to trade in real account.
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The moment a trader is confident about his trades and starts to get regular and consistent profits in demo account , that is the time he can shift his focus and can start to trade from real account.