Newbie Trading in Demo Account , But For How Long?

[Tindenucac]

as long as necessary, you always need to understand when a trader is ready for a real account, for example, I once used a demo from Expert Option and now I'm only glad for it, a very practical option for parsing what's what

[maspluto]

a good and correct understanding must indeed be able to be considered properly, this is needed and needed so that traders can become better and more optimally in carrying out trading activities in accordance with expectations with Tickmill.

[gds221]

In general, I started trading with broker Amarkets, and naturally, used a demo account. In my opinion, a beginner needs at least 2-3 months to get the necessary knowledge and skills.

[boltushkin]

12 minutes ago, gds221 said:

In general, I started trading with broker Amarkets, and naturally, used a demo account. In my opinion, a beginner needs at least 2-3 months to get the necessary knowledge and skills.

Yes 2-3 months is ok I also spent two months on my Hotforex demo before I move to live account. 

[Homer Raines]

Mostly new traders think that trading in Forex market would be very easy as well as earning money. But the reality is earning money in Forex market is the most difficult tasks in the world. But there are many ways to become successful. Forex4you is an experienced Forex broker who give me proper trading guideline and expert assistance so that I have improved my trading skills as well as earning huge money as per my demand.
 

[Mezigis]

Each newbie should feel for himself when he is ready to switch to a real account.

[gds221]

I started my career as a trader with broker Amarkets. Also with a demo account, of course. He worked for about 2-3 months, then switched to the main one.

[Michael Butcher]

I suppose a demo account can help you understand whether a broker is right for you or not. But I strongly advise you to study all the information about brokers in order to understand whether you can trust them. You can surf the net and read this information. I can recommend u one site which calls Finarm com. It's pretty convenient and can give you some insights. You can visit it and learn all necessary information.

[FXOpen Trader]

On 8/25/2021 at 11:56 AM, Michael Butcher said:

I suppose a demo account can help you understand whether a broker is right for you or not. But I strongly advise you to study all the information about brokers in order to understand whether you can trust them. You can surf the net and read this information. I can recommend u one site which calls Finarm com. It's pretty convenient and can give you some insights. You can visit it and learn all necessary information.

We can easily learn doing our trades with the help of the DEMO Trading accounts.

[Vaabum]

It is really possible for a beginner to initially work on a demo account and this is very important. When I started working with a broker from ExpertOption, I also devoted a lot of time to working on a demo account.

[FXOpen Trader]

19 hours ago, Vaabum said:

It is really possible for a beginner to initially work on a demo account and this is very important. When I started working with a broker from ExpertOption, I also devoted a lot of time to working on a demo account.

We can start learning about the Forex market trends and how it will work using the Demo Trading accounts of the FXOpen

[Vaabum]

The most important thing for a beginner is to pay attention to working on a demo account. I think this is really a very important aspect.

[Lechosław Król]

New traders try to develop skills by doing demo trading, but for how long? I think demo trading should be done as long as you can't make a consistent profit. For example, I have developed skills by doing 5 months demo trading on Eurotrader platform.

[Vaabum]

Until the trader himself is confident in his abilities

[bearhugs]

A demo account is a type of account offered by trading platforms that is funded with fake money, enabling a prospective customer to experiment with the trading platform and its various features before deciding to set up a real account.

[uncle gober]

The selection of the existing broker must be able to be considered carefully, this is done so that traders can be more leverage in getting the security and comfort of trading together with Tickmill.

[Lechosław Król]

There are many benefits to practicing M-trading. A lot of profit can be made in trading if you can trade by gaining the right knowledge. That's why demo platform is best for practice. A lot of knowledge can be gained from this platform.

[Vaabum]

When I worked on the demo account of the broker ExpertOption, I did it until I was completely sure of my knowledge. As for me, this is a really important aspect for a trader.

[Namu]

On 12/2/2021 at 9:35 PM, Vaabum said:

When I worked on the demo account of the broker ExpertOption, I did it until I was completely sure of my knowledge. As for me, this is a really important aspect for a trader.

there is a lot that the broker provides, all of which must be carried out according to the plan to make trading easier, and indeed at FreshForex broker itself traders must be able to run it properly so that when taking advantage of the services and facilities provided, big profits can be generated.

[Vaabum]

I believe that this should be done within 1-3 months. In another case, the trader may simply not have enough time.

[Lechosław Król]

New traders need to use demo platform for skills development. Skills can be developed using demo platform. Proper money management and risk management skills help a trader a lot to develop.

[Dora Wi]

I would say there is no set time limit on it, how long you stay on demo should be determined based on how long it takes you to get consistent. Many recommend several months because if you have data over a longer time period, it gives you a clearer picture about how profitable you really are.

[Vaabum]

It is really important for a beginner to work on a demo account. This is important to pay attention to in order to gain experience.

[uncle gober]

Existing demo accounts and educational programs must indeed be able to be considered properly, this is needed so that traders can get more leverage in getting the security and comfort of trading together with Tickmill.

[James Mcgrant]

My advice for newbies trading with a demo account and looking to trade live, I suggest trading with the demo account till you have gained enough forex knowledge and make consistent profits.