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How Long Have You Been Practicing on a Demo Account?

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Deplu

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In one of the tutorials on the forex website, it is recommended to practice on a demo account for at least three months, or even a year if you can. When I first entered the world of forex, I tried to follow that advice, first trade on a demo account. But it only lasts two weeks, and I want to rush into trading with a real account, seeing how easy it is to get profit with this forex trading.
As a result, like many stories similar to other beginner traders, once or twice trading profit, after a long time the loss and loss and big loss, finally Margin Call.
How about bro? When you first entered the world of forex, as a super beginner trader, how long did you practice on a demo account (I don't mean after a long time as a trader and want to improve skills or test new strategies, but really beginners who don't know anything and new know the world of trading)?


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#1 - September 12, 2022, 10:56:13 PM

Dana D

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For me the time needed to study in a demo account is until we are truly consistent in getting profit with our system
#2 - September 14, 2022, 10:46:29 AM

fadillaangga233

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It depends on you how to understand the technique you are testing
#3 - October 26, 2022, 05:36:45 AM

Indika

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We recommend that we can be consistent one year
#4 - November 15, 2022, 08:10:14 AM

Timah Panas

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use everything that is important we are comfortable
#5 - November 17, 2022, 04:33:07 AM

fadillaangga233

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learning to trade on a demo account in my opinion at least 6 months, but with a note that we can already profit consistently in that time frame if not then we are not yet worthy of trading on a real account
#6 - December 06, 2022, 01:41:16 PM

Kardel Sharpeye

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However, traders typically practice on demo accounts for varying lengths of time depending on their skill level and learning speed. Some may require only a few weeks, while others may spend several months or even a year before transitioning to a live account. The goal is to gain experience and confidence in trading strategies without risking real money. It's important to remember that demo trading is not a perfect replica of live trading, so transitioning to a live account requires caution and careful risk management.
#7 - March 02, 2023, 09:41:53 AM

radcliffe spencer joseph

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I used parquet for 3 months, but I feel that it's still not enough to be able to master everything
#8 - March 29, 2023, 11:25:49 AM

Rodriguz

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I used to practice only 1 month but now I realize it might take a year to practice on a demo account.
#9 - April 28, 2023, 10:30:48 PM
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