7 of 10: Discarding Demo trading Forever
Awareness #6- Discarding Demo trading Forever
One very important part on a trader’s path to success is to continue to demo trade. By all means trade it like a live account.
In our opinion demo trading works when it prepares a trader to become skilled in identifying the proper set-ups, and allowing the trader to uncover their strengths and weaknesses in their trading. If you concentrate more on your strengths than the weaknesses, then the weaknesses will not be as much of a factor. Do what you do well over and over again until it is a mechanical reflex. When you improve your strengths it also helps correct your weaknesses and it is less stressful.
Don’t wait and see your live account disappear. Take charge of both your live and demo trading.
Tags: demo account, demo trading, live account, practice trading
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