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Mistakes traders make when switching from demo to live trading. Many traders start trading on a demo account and that's okay. How long should I demo trade? I'm a big advocate of migrating to a live account asap even if that means taking very small risks. But how does a trader move from demo trading to a live account? OK..
Demo Trading vs Live Trading - What You Have To Know
1. Not been using the demo account properly.
2. Used a different strategy.
3. Trade too big to begin with.
4. Check trades more often through fear.
5. Deer in headlights under drawdown.
6. All or nothing results focused.
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