What is your honest review of the Demo account?
Do you think that should spend so much time trading on a demo account? I believe that in demo trading, there are no real consequences for losing "money". If you notice, the pain is different than the one felt when you actually experience a loss on a live account. Demo trading simply helps the newbie get acquainted with the trading platform, and it should only be for a few weeks. Compared to live trading, demo trading lacks the ability to mental and emotional resilience. For me, the real trading education starts where demo trading ends. What do you think?
1. admiralmarkets.sc/education/articles/forex-basics/...f-forex-demo-account
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http://tradethatswing.com/when-to-switch-from-demo-to-liv...rading-real-capital/For a newbie who has complete zero knowledge about trading, I think it would be wise to start trading with a demo account to test the waters and to get some insights about trading before actually diving into it. Before doing a demo trading, it would be assumed that the newbie must have studied some materials or watched some professional trading videos. So the demo trading is like a practical experience to apply some of those things he has learned. This would help to build the newbie's confidence, broaden his knowledge, and save him from making unnecessary errors and lost of funds.