What's the best way to use a demo account?

Demo accounts are usually wasted. The point isn't to see how fast you can grow fake money — it's to practise one specific thing at a time: platform mechanics, a setup, position sizing, or emotional routine.

What's the best way to use a demo account? — risk-reward diagram
A risk-reward ratio of 1 to 2

How did you use yours well?

  • the specific skill you practised on demo
  • how you measured progress
  • what demo can't teach, no matter how long you use it
What's the best way to use a demo account? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

The demo vs live guide separates what demo can and can't prepare you for.

Background: Demo vs live trading: what changes when real money is on the line

A strategy that works on a demo account can fall apart in a live one. The differences in execution and psychology, and a sensible way to make the switch.

Is demo trading the same as live trading?

No. Demo accounts can fill orders more smoothly than live markets, and losing virtual money doesn't create the same pressure as real losses, so live results are usually worse.

How long should I trade on a demo account?

There's no fixed period. A common approach is to follow a written plan for at least a few dozen trades, record them in a journal and move to live trading only with the smallest position sizes.

Read the full guide

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