How Long Should You Practice in a Demo Account?
Anya Mei
21 Nov 2022
398 views
The perfect time to finish practicing in a demo account could be after earning 2% returns consistently for 4 to 6 months. The percentage is realistic as the average profit rate of most forex traders realistically.
The ideal time to practice in a demo account could be different from trader to trader, but it is recommended to keep practicing in the demo account until traders manage to gain 2% profit rate consistently for 4 to 6 months. According to a research by Quantified Strategies, a good profit factor should be above 1.75 but not above 4. Considering that demo account users are mostly beginners, around 2% would be an ideal first target before stepping up to the live account.