I’ve spent a week on the demo, trying different strategies and getting a feel for the platform. My results have been mixed, but I’m eager to start trading for real.
Should I make the jump now or keep practicing? Worried about risking actual money, but also don’t want to miss opportunities.
Traded demo for 3 months before going live. Lost $500 first week.
Took another 6 weeks to break even. Patience pays off.
A week on demo isn’t enough to get a real feel for the market. Been there, done that, and it cost me.
Spent months on demo before going live, and even then, the learning curve was steep. The market’s always there, so no need to rush.
Keep practicing different strategies, focus on managing risk, and aim for consistent results over a few months before considering real money.
One week is insufficient. Aim for consistent profits over 2-3 months on demo. Test strategies across market conditions. Track win rate and risk management. Only transition when consistently profitable.
Slow down, mate. A week on demo is barely scratching the surface. You need months of practice to really get a grip on this game.
Keep testing different strategies, but focus on risk management above all. Figure out how to protect your capital first, then worry about profits.
When you can string together 2-3 months of consistent gains on demo, that’s when you’re ready for real money. And even then, start small. The market will teach you plenty of lessons - better to learn them with $100 than $1000.
A week isn’t enough. Trust me, I rushed into real trading after a month of demo and blew my first account in days.
Spent the next 6 months rebuilding on demo. That patience paid off - my first real trade after that was a 65% winner on GBP/JPY.
Keep practicing. The market isn’t going anywhere.