If i can double my demo acct with a starting balance of 10k and make it go up to 20k with 100:1 leverage, should i go live? I have not doubled it up yet but i am doing ok and my goal is to double it if i can. I treat the demo just like if it was real. I always place my trailing stops. I use fib retracements. I know the market always is changing. I know going live with real money is different. I am sticking with a system and trying to follow it like it was real money for trading. What do you think? Any comments are welcomed.
If i can double my demo acct with a starting balance of 10k and make it go up to 20k with 100:1 leverage, should i go live?
If 10k is going to be your starting balance, yes.
If your system in successful in demo, as long as you change
nothing when you go to a live account, then you should be
successful in live trading.
Also you will not need to ask because you will know.