we have to spent more time in demo accounts compare to the live account. See their is no limit of spending time in the demo accounts, because if we are spending more time in demo accounts then we are gaining more knowledge from that.
we have to spent more time in demo accounts compare to the live account. See their is no limit of spending time in the demo accounts, because if we are spending more time in demo accounts then we are gaining more knowledge from that.
Demo trading is one of the stages that must be passed by all traders ... because the demo account has many mafaat ... for starters, the demo account is a place to practice how to trade and try the system first .... and the time it takes a beginner practice on a demo account is about 3 months ...
In my view some one must practice at least 45 days in demo. If possible practice more.Quote:
Originally Posted by rohit
There is no definite time, how long we have to in the demo account. In my experience, I practice on a demo account about 1 month. Then I tried the real account, it turns out a couple of times I lose. I'm not desperate. I practiced back in the demo account, about 2 months. Eventually, I began to understand that we can not quickly get bored to demo account. We must be patient, until we actually get.Quote:
Originally Posted by rohit
i think the demo trading is a good source for the trader who are new and are beginners to make the money for the future and learn forex.
I think that demo trading is a very important for every forex traders,they can learn a lot of things from demo trading practice,i think we should spend in demo trading account minimum 6-7 month at a stretch before going to live trading.
Mere khayal se new traders ko demo account mein os wakt tak trading karni chahiye jb tak k wo is kabil na ho jaye k wo real account mein trading kr sakay. New trader ko spne senior aur successful traders ko follow karna chahiye aur on se trading k bare mein guidance hasil karni chahiye. phir forex mein real account se trading start karni chahiye.
You first of all i want to say you my friend that you can see lot of same type of threads there is no need of opening of new thread to spoil the forum and second one is that you should learn forex at least 2 month on demo account.ExactlyQuote:
Originally Posted by narendra
demo just used to know the platform and test a strategy, it just use to train us in use a strategy and risk management. if we think we already good in use the strategy and risk management, we can use real account
well usually for a beginner minimum 3months is recommended ,but even though they trade well in demo some fail to perform in live account as they get nervous.