that is true, i also following this principles. it will be better if we can practice until we can get 6 months consistent profit in one row. that can be indication that systems that we try is working.
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In demo I consider 3-4 months are quite sufficient for practice when you start getting profit in regular manners I think it is the time to enter in real forex business. But remember one thing that there is lot of difference in real and demo because in demo there is no fear of loss.
Yeahhhh.you are true..demo is for basic knowledge....and for some practice purpose only...but if u want to learn more than u shud try demo since you learn good strategy nd ur own trading style...afterwards u can try to real....trading
demo mein aap jitna sikho utna kam hai ...... basic knowledge trading ke liye istemaal kar sakte hai aur nayi strategy ko test bhi kar sakte hai...demo mein constitent profit hum naa achieve kare tab tak demo karna avashyak hai
as said earlier demo is learning purpose only. . If u want to get real market exeperience u hav to involve ur emotion. Nd we cnt frm virtual money. So better to trade with cents account. . .
jab tak demo mein humein pura knowledge naa ho tab tak humein demo chalu rakhna chahiye..aur forex ki sabhi stratgy ko ek ke baad ek demo mein experiment karna chahiye jisse humein pata chalega ki humein konsi behtar aati hai..so we can try it to real
right,,,,demo is good for who want to learn but there is lack of emotions so i prefer for ccent accout as it needs little money and low risk.so we can trade live so much helpful for better exeperieence than virtual money in demo
Well there no settled principle that how long one should practice on demo account. The main purpose of demo trading is to get the knowledge of forex trading, learning the trading plateform, finding and pracisting a profitable strategy and making regular successful trades on demo account. Once a person achieve this i think he no more need to practice demo and can shift to cents or real account.
i must say that newbies must have to do the demo trading till he don't become friendly with the platform and demo trading is the best platform to get most of the knowledge and skills and it also give you a lot of experience so just do it till you don't become friendly with this forex field.