please tell how much time we should spend in demo?

[riddick09]

We can actually continue to trade in demo while we are in actual trading or real one. I don't think there's an issue with it to have no specific time to learn demo and that we can still use it whenever we want. So, the important thing is that we proceed to continue our learning progress in Forex.

 

[monyitomon]

It depends on you, on how much are you willing to spend daily. As for me it will be better if you don't rush it so that you can absorb all the information needed because if you hurry then you may just forget everything you have learned so it's important that we are absorbing the information first.

 

[PROPENSITY100]

Demo trading is essential before a person start trading in real account. The time a person should practice would vary depending upon his intellectual skills and learning abilities. However every trader should at least practice demo trading for a month. Demo trading gives a trader knowledge about the behavior of the Forex market and the impact of various economic news on the Forex market.

 

[Markllee30]

I had started forex as demo worked done 5 month then start with real account, today I have enough knowledge and experience about forex.

 

[rizal83]

if we already have a good ability of trading demo that's when the right time for us to start real trading and do not want to rush too quickly to benefit from real trades before we have a good ability to trade because they can not produce anything if we do real trades without having good ability in forex trading, and of course we will only get a very big loss

 

[budado]

Demo account is an account in which we can practice. Now how long we need to spend time in demo account? Its going to be forever. As long you are trading in forex we need to constantly trade in demo account to practice and enhance our current strategies and we can only do that if we practice in demo account.

 

[rizal83]

Demo account is an account in which we can practice. Now how long we need to spend time in demo account? Its going to be forever. As long you are trading in forex we need to constantly trade in demo account to practice and enhance our current strategies and we can only do that if we practice in demo account.

very true to what you say because professional traders still use the demo trading as a means to improve their strategies and trading demo is very useful for traders to develop a strategy and also enhance their abilities

 

[sindarin]

Of course there are experienced forex traders that still use demo account because they think that demo account give them no-risk and also with virtual money that they have there, that experienced traders can compose some strategy for next trading in real account. Some of them also analyze market here first.

 

[rizal83]

the important thing is how much our persistence in practice because, even though we only use a little bit of time that we will use to practice on a daily basis but if we continually exercise the faster the time that we will use to get a good knowledge of the trade demo

 

[eddiej]

There is no specific time. Just stay for as long as you've proven that you can make consistent profits and you're sure you have what it take to make a profit on a live account. Just take it one step at a time, no need to rush.

 

[Daisy]

You trade as long as you need to. I think experience is a good thing in forex. We need to build as much experiences as we can in order to gain good profit in a real market. I think we need to ensure that we know exactly what to do instead of just second guessing that we need to do certain things and a demo can help us with that and losing with fake money feel so much better than real money. trust me once you lose in a real account, you will see how valuable a demo is.

 

[gkintl]

There is no specific time frame prescribed to be spent on a demo account. It is better for a beginner to get fully accustomed to the trading platform and usage of indicators. Once a trading strategy is tested on a demo account for more than a month time with good profits and low draw down then it is time to shift to real account trading. Till then it is better to fine tune our strategy and continue trading on the demo account.

 

[barood4money]

There is no end of practicing at forex trading. An experienced traders also practice and experiment at demo account. Because while practicing at demo account, we can learn many new strategies.

 

[Angelic]

There are stages of learning processes with the demo account and when we must have past the newbie level which has to do with learning the basics and some key points about tradingg, then one will have to keep making use of the demo account is a testt drive to his trading strategies and plans.

 

[Bonyi]

The time limit will depend on the trader. One may spend a period of three months and is able to learn all in that short period while others may spend a whole year and still learn nothing. The question is how fast can you learn.

 

[Decub]

The duration one trades I'm Demo is a combination of many factors ranging from the person's fast learning skills and the overall amount of time he allocates to trade each day. Some people are known to be very fast learners while others learn very slowly so it's only the trader that can determine how much time he learns it and ranges between one month to twelve months.

 

[seeker]

It has to do on your IQ hos fast you are able to capture things when being taught. You will have to keep trading in the demo account untill you are able to make consistent profits with the demo account then you are good to start with the real account.

 

[haneefzain]

Demo is one of best option to get experience of forex trading.trader can spend as much time as he want there is no limit of time.but how much trader get in this time that is important it depends on traders ability of learning.

 

[seeker]

There are no certain amount of time to be spent on the demo account, a newbie of beginner have to check his ability in the demo account, if the person is doing good already in the demo account he can start with the real one but not absolutely leaving the demo account.

 

[Decub]

No matter how skillful the trader finally becomes, there is always at some point or the other, the need to fall back on a Demo account. There are those who do not trade in Demo though but that doesn't make them more experienced or professional than those trying out strategies with the Demo account.