If you think you are finally read the map the transition from demo trading to having a live account, then you should also be psychologically prepared for it. Not only will you have real money on the line you are emotion white also have a bigger impact on your trading decision. A good rule of thumb to remember before going from demo to live in ensure that you are have had a good trading Run for at least 3 months. Of course this timeframe can vary depending on how much time you spend learning about trading but it is a reasonable length of time to make sure that you have had a strong grasp for basic trading concepts and are able to make consistent profits this can also ensure that you have spent a considerable amount of time getting in sync with marking moments and that you can hold your own even when real money is at risk. Another factor to consider is whether or not you have tried various trading styles and found the most appropriate one of for you. As mentioned in the earlier section, this has to do with your personality and Lifestyle as you should be using a strategy that you are comfortable with when you have found the trading style that sweet you it will make for a samosa transition from demo to live as you simply have to go for consistent application instead of having to experiment with different reading techniques with a live account. To make sure that you will be keeping track of your improvement boss in profits and in your trading mind set you should also have a training journal up for you when you transaction from Demo to live before parking over your hard earned cash, it would be a good practice to have a quick review of your trading journal from demo to remind yourself of which aspects of your trading you can still improve on and to take note of the substance you should play. Lastly, you can gain enough confidence to carry on with your demo success in life trading if you have the number to back it up. Unless you have been able to make consistent gains and have a good expectancy just when you start trading live this is why it is crucial to get our risk management practices right and have rule for maximizing your winners and minimising your losses with a positive track record you can be able to place full trust in your trading strategies and be confident to put this to your on a live account. Thanks.
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