My big question is, how much studying should I do before practising for 6 months on a demo account?
I’ve just completed the school of pipsology and I have demo traded for 2-3 months before even reading the school of pipsology so I’ve got a little bit of experience when it comes to practical trading, but I was wondering if there is ever a point when you can do too much reading about something when in actual fact doing practical work would be more beneficial.
I have a young son so it would be ideal for me to carry on studying until he goes to school, then I can really get my head down but what I’m trying to work out is whether I should start demo trading straight away.
I know doctors study for years and years before actually practising, but then again some people learn better through experience on the job so it will be interesting to see what sort of answers crop up.
This is what I’ll be for the next few years of my life so please give me the best answers you possibly can, I’m particularly interested in hearing from people that are already more experienced and/or successful traders.
Thanks for reading!
P.S If you think you know anywhere better to post this question, please let me know! I’m looking to get as many opinions as possible as this is important to me.