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One year is a really a long time to learn on the demo account trading. Additionally, I must say that spending one year without getting the actual profit is not an easy job. Now its real time for trading with real account on forex market, world’s one and only high liquid asset trading place.
The final decision rests for you I mean I am talking about real account trading. Though it is high time that a newbie trading demo for one year is sufficient time and most of the traders would be ready to trade it live after this much time in forex market.
I want to help you, but did not mention a number of reasons. So, I can help you only if you do have a good strategy so that you can earn a bigger capital. You do not need enough capital to enter into the market as you can start with a small one. Do you have enough time so that you can be traded throughout the day?
Self-reliance is the basic thing. You need to check your protocols of trading on real account trading that may be started with little amount because demo always remain demo. Patience or emotions cannot be learned on demo and to get success you need to control these effectively.
Is it high time to start trading? Well, actually it totally depends on you its like how you are trading on demo account. Before entering the real forex trading, you must earn some cash on demo for self confidence. Then, if you are certain that u are a successful trader, you may start the real trading.
It is hard to believe for a serious trader to stick on the demo account trading for so long period such as one year. I had developed this view not to stick on the demo account trading for so long and make real profits on real account as soon as feasible.
Sticking on the demo account for a year is out of the question. Prior to my starting forex market trading, I did demo account trading for several months. I just did it for better understanding about forex market so that I may find myself successful on real account trading on further time.
Decision to commence trading with real accounts that can answer that only you own. If you already have a good strategy and were able to control emotions well, then you can step into the real account. But maybe you can start with small capital first.
Yeah! At last I have started a real account. And I got a profit of 15 pips at my first trade. I wish I will meet the sky one day. Thank you all for encouraging me..... Though I have traded for several months on demo account but really I felt nervous during my first trade.
How can one be sure and when can one be sure that it is safe for me to start in real account. What if I am sure that my trade will be loose? I mean may be there loss of money is not a big deal for me but I will loose my confidence and may be I will not be able to regain my confidence. Here is another fact that I have already heard about the forex business that it caries a lot of risk. So some body experienced should guide us.