It’s great you realized a demo can be a great way to develop a trading plan without risking real money.
Here are some tips to help you make the most out of your demo trading experience:
- The first step is the treat your demo account like a real account. Use trade sizes that are realistic for the live account balance you intend to have: Pip value for 500 bucks on metatrader 4
- Then make sure you use appropriate risk management: Leverage and Margin
- And when you start trading a live account, stick to your plan: How do you deal with your loss?