How much time we should spend in demo before going to live trading?

[shoump]

i think we need to spend more the then 6 month on the demo account after that we can get lot of practice on the demo account and practice and now we can win very huge profit in the forex market we always need to stay in touch with the forex market, and open your trade after look at the trend of the market. most of the forex forums said you have to spend few months or some of them said three months but really it is not exactly true because the time you can spend using demo account depends on the person where there is differences between people and their views . I think the period of the time for any person to use demo account depends of his goal of using the demo account

[socer]

my advice is before demo trading to read several forex a books and study on some strategies.and for example choose one strategy and always follow it for at least one month on demo account,and please write down the wins and looses and analyze it if it is a working strategy.until you will find a very nice strategy,so it may takes months don't forget it is better then loosing too much money just for practicing your trading skills

[MERDEKA]

In the initial trading practice days I use to divert hours and hours in demo trading but as I gain more and more knowledge about the basic features of trading this practice squeezed and I started to begin with real trading. This time factor is different from traders to trader. But more involvement in demo trading only can eat away lots of time simultaneously it is not money worthy. So there should be a balance in between.

[maksibanu]

there isn't any proven here we are at trial buying and selling. it really is rely on the amount of time you need to learn forex trading. some can certainly learn that rapidly. several require several here we are at understand it. it is therefore depended on the training talent. however specialist asserted,a first time must do apply inside a trial take into account no less than Three month. the harder you need to do apply, the greater an individual collect information.

[cadamkhan]

before we go to live account we need to practice in demo account. i think we should try practice minimum two month in demo account then after get little knowledge and idea we should try to start live account trading with low risk. its also depend on your hard work, if you can hard work to learning then you can success minimum time. demo account is for making some practice and i think trader should trade in the demo account about minimum five month and do not move to the real account if you still facing loss on your demo account .

[resham]

There have no specific time for getting practice in demo account. Its up-to himself. But to be a good trader I think anyone should be spend in demo account for 5-6 months and 2-3hrs a day. Its help him very strong and positive about this gambling. But we have to keep it in mind that in this case time is not a important fact but the most important factor is how seriously you use the demo account is.
and I am in forex trading for last 8 months in real account, still I am continuing demo account to test new strategy. In primary stage, at least two months practice in demo account makes good sense to trade in real. But it depends on the trader's capabilities and activities. If some tries hardly, try demo account, study and analysis, follow advice from success traders and develop own skills, it takes less time to go to real from demo. But according to my opinion, it is better to keep in touch always with demo is very helpful.

[wosh]

i think that my friend in order to be a successful trader in the forex market you need at least like almost three months of training in demo aaccount and after that period of time you can consider starting trading in the real forex market ,because if you do not want to loose all of your money you need to have a welly good training ,, There is no specific definition of what time you are supposed to spend on the demo but to be on the safer side, spend as much time as you can afford to. To give you a better idea, you should definitely stick to the demo account for more than a couple of months and only after that go for the real account and make an investment.

[hulu kuda]

Traders have to start trading with the demo account to learn more about trading then they should have to start trading with the real account. In this way he can be a good and successful trader in forex. New traders must have to follow the foot prints of the successful and expert traders. Newbies should must have to spent more and more time in forex. They also have to stay in touch with the market and its ups and downs to update their knowledge about forex trading. In this way they can trade on forex real account with confidence.

[changi]

It is a very nice question. my advice is before demo trading to read several forex a books and study on some strategies. and for example choose one strategy and always follow it for at least one month on demo account, and please write down the wins and looses and analyze it if it is a working strategy. until you will find a very nice strategy, so it may takes months don't forget it is better then loosing too much money just for active your trading skills.then when you will ready and your strategy works very well for a few months then it is time to study on emotional discipline.dont forget success in forex 90% is controlling of emotions. like not to be greedy and not to over trade,not to get angry when loose a trade,not to try to take revenge from markets,and being patient these are all emotional study.but you will not master your study until you will not trade with real money.yes we have to keep on learn new things and recover our self our skill to master yourself in forex world.good luck

[sakhrul]

I am a newbie here and i am start trading on real account just one month ago. i think we should spend at least 15 days in demo account with full concentrate and then if you think you can earn money from real account then you can try real account other ways you should practice on demo account before you get confidence. hello...........I think that we spend as much time when we see that wee the completely . Time that is needed for the successful learning of trading in the . strategy that I need to test run before applying to my real account. If you can learn faster then what are you still doing on demo, go live and try what you have learnt.