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Should I trade now or keep doing demo?

Posted: Wed Jan 20, 2021 12:45 am
by Achille
I'm new to live trade and have three months experience in demo trading. I feel confident enough to start live. Should I start trading now with minimum capital or spend more time on demo trading?

Re: Should I trade now or keep doing demo?

Posted: Wed Jan 20, 2021 1:25 am
by Narkarn
Achille wrote: Wed Jan 20, 2021 12:45 am I'm new to live trade and have three months experience in demo trading. I feel confident enough to start live. Should I start trading now with minimum capital or spend more time on demo trading?
Hello welcome here, and in forex world , if u feel confident then deposit to your account any capital, and trade 0.01 lots then you can after week or some time when you feel more confident then incrase lot sizes

Re: Should I trade now or keep doing demo?

Posted: Wed Jan 20, 2021 2:22 am
by moey_dw
Achille wrote: Wed Jan 20, 2021 12:45 am I'm new to live trade and have three months experience in demo trading. I feel confident enough to start live. Should I start trading now with minimum capital or spend more time on demo trading?
welcome to fs.......... as other member explained trade small live first 0.01 lot try it first............ :wave: :wave: :wave:

Re: Should I trade now or keep doing demo?

Posted: Thu Feb 04, 2021 6:10 pm
by nunanana
Agreed with that user. If you want to start with live, always start with lower number and then gradually increase for every profit you are making (or consistency, in that term)
Since you are that confident enough, what stopped you?

Also, if you made the losses, don't take it personal. It happened, but what you can do is to recheck what went wrong and how you can fix that.

Re: Should I trade now or keep doing demo?

Posted: Thu Feb 18, 2021 9:42 pm
by Jage07
If you feel confident about your strategies and think that risking your capital can give you good results now, then go ahead. Just be careful with the amount of capital that you use, start low. All the best!

Re: Should I trade now or keep doing demo?

Posted: Thu Feb 18, 2021 11:06 pm
by erynade
Achille wrote: Wed Jan 20, 2021 12:45 am I'm new to live trade and have three months experience in demo trading. I feel confident enough to start live. Should I start trading now with minimum capital or spend more time on demo trading?
hi Achille,
start with small depo, calculate your profit, loss, margin, equity. i'm 3 months also in this jungle :) start with $20 (only that i have)


i hope lucky and happy till end the word.

profit regards
erynade

Re: Should I trade now or keep doing demo?

Posted: Mon Feb 22, 2021 6:03 pm
by MYTRADE
If you are confident enough, you can start with a micro account. But don’t leave the learning part.

Re: Should I trade now or keep doing demo?

Posted: Tue Feb 23, 2021 5:36 pm
by FinancEscape
If you are prepared enough to make live trades then go for it but make sure to start with proper strategy and prefer low capital.

Re: Should I trade now or keep doing demo?

Posted: Thu Feb 25, 2021 10:05 pm
by NoGAMBLE
Yes, if you are confident enough to start real trading then you should start working on it. Start with low capital and make a good strategy for yourself.
All the best for your trading journey!

Re: Should I trade now or keep doing demo?

Posted: Mon Mar 01, 2021 11:14 pm
by jackstriker
I would say that you can start live trading side by side along with demo trading if you feel that now you are done with gaining the basics of the forex market.