Why use a real account as demo?
I always tell traders that they should practice with
demo until they are sure that their strategy can withstand all market
conditions.
Which means if you are testing a swing trading system or a position trading system, you should test a swing trading system for at least one year, a position trading system for at least three years.
You should test a day trading system, for at least, four months and a scalping system you should test for at least two months.
Many people will never follow this advice and they always fall into the trap of the curse of the early win—the curse of the early win, when your strategy goes into luck and you think that you are a good trader.
So eventually, many people use their live accounts and their real money as a demo account.
That is why you see them blowing one account, one real account after the other.
All the mistakes they are supposed to make and learn on demo, they are making them on live accounts.
So if you don't want to test your trading idea on a demo account, you will use your real money, your live account as a demo account.
Practising on the demo for a long time will reveal to you that most trading systems are worthless anyway.
The market doesn't care if you use AI, manual, automated or semi-automated strategy.
If you lack patience, you have no business trading.
After all, what do you have to show for your many years of impatience? Losses that are bigger than winners.
That is it.
Recommended Testing Durations on Demos
* Position Trading System: Minimum 3 years🚀
* Swing Trading System: Minimum 1 year🩸
* Day Trading System: Minimum 4 months❤️
* Scalping
System: Minimum 2 months💚
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