Length using the demo account I think it depends on our ability if it is deemed to be mentally prepared and capital then we can switch to real account. Actually, even though we've been able to use a real account we can still take advantage of demo accounts as a means to test strategies
how much time we should spend in demo before going to live trading
I think all the beginner or professional trader needs a demo account. how much time has to pass a real account it is you decide you
The demo account it always helps you to test new strategies.
I think my dear friends it is depend on you cause if you are attentive when using a demo account i think you no need a long time.
there is not any rule of time of using the demo it should to be used till you feel that the practice is sufficient. i had use only demo account for 5 months
i think its tottly depend on you jitna ap demo me zayada time spend karoge utna hi apka faida hay q k us se apki practice hogi or apka experiance level up****e hoga,Or ap 1 ache trader ban sako gay.
The demo account is one the most important and valuable account for the real forex market. Because in the demo account you have some fake money and with this money you can trade in the real market to check you ability. So i think you have to spend a month or so in the demo account before trade in the real market.
I see that Its totally depends up to you trading style.As long as you dont get any confidence and can't getted to any success you should continue to learn.Not only the demo forex trade but also reviewing Economic condition of major countries and try to understand them.And then apply them in your forex trades !
there is no specific time to spend in demo account. it completely depends upon the trader. some traders learn fast as compared to others. so they gain more knowledge with less time and get benefit easily. more practice gives more experience.
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Originally Posted by ermaniso2011
this is the best answer yes its true demo account is very important and if you live trader you will need demo account to try new strategeis and alot of things you can not do it in your real account
At the outset, a friend I've made more than my times to learn the Forex demo account and took three years to learn and then moved to real account began with my own