We forex currency traders have a need to trade the demo accounts for at least 2 - 3 months depending on our learning speed. After these times, they can move to the live accounts and start trading there.
We forex currency traders have a need to trade the demo accounts for at least 2 - 3 months depending on our learning speed. After these times, they can move to the live accounts and start trading there.
New traders should used forex demo trading accounts as long as they can since it help people learn and practice forex transactions through platforms that provide live foreign currency trading prices, practice money accounts and simulating trading systems. With these platforms traders can test the results of their training and the performance of their new strategies without having any risk.
i think there is already a topic opened regarding this.
I think there is already a topic open on this matter.
It is recommended for beginner usually March months minimum well, even though they often deal in the demo, some have failed to run on a live account so that they get nervous.
i hope every trader to know if forex trading is high risk. i think above 1 month spend to demo account for new trader. because in under 1 month it is very risk. and still not yet to know about movement a pairs whole.
u should pratice Demo untill u fell comfort about market and proper manage ur equity. Also, u should praticce demo while u doing the real trade. it will help u to understanding the gambling of the market. I know some people don't like demo because of lack of interest but i think money is more worthful then interest
we know every forex traders that demo trading is a brewery important for every forex traders,it is a good learning plat for forex beginners traders,so i think every beginners trader should practice by demo trading 6-7 month at a stretch.
There is no validity to practice in demo account. Everyone can do this here.So every one should trade or practise here for developing himself.
Actually learning and study never end so, how much time you need it is fully depend on you/own.
But I can told you every day without (Sa day & Su day) from 2:00 am to 11 PM GMT time is perfect
time for trading. You should follow up this time schedule for trading and per day 3-4 hr enough for
learning.
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Before going to real account much work on demo at least 3 month for just parties and learning after that go to real account with low investment and check self in Forex trading if you get profit then continue if you do not get profit then go to demo again.