I have a demo account, but it is only activated for 30 days. Do you have a way to create a demo account that lasts longer than that? I appreciate all the info you’ve provided so far.
Bruce Preston
Challenges
FXIFY 50K One Step Challenge
by Alan Northam
- 34 replies
- 0 voices
- active 2 years ago
- Alan Northam
What broker are you using?
- Bruce Preston
I signed up with another broker, however, I just discovered I already have a trading.com demo account and it has $10K in it. But I forget how to download the MT4/5 platform so that I can add bots to it.
- Alan Northam
I like Oanda.com because it lets you have 10 demo accounts that do not expire. What I don’t like about Oanda is their limited historical data. However, their is a solution to getting more historical data but I have not tried it.
Alan,
- Bruce Preston
Thanks again. More questions to come very likely but you’re so helpful so far.
- Bruce Preston
It took a while, but it was finally able to generate some profit.
- Alan Northam
Fantastic! What broker are you using?
- Bruce Preston
I’m using Trading.com demo account. But I’m already convinced that it will be profitable enough for me to trade a real account. Also that was only the 1st trade.
- Alan Northam
I would recommend waiting awhile before starting a live account to make sure your profits are not just a one time event. You will not see profits every day. Some days will be profitable and some not profitable. What you want to see is there are more profitable days than the unprofitable days. How many EA’s are in the demo account?
One thing to keep in mind “Trading is not a race, it is a journey!”
Alan,
- Bruce Preston
Just the one
- Bruce Preston
I figured you might say that. I guess I can let it run for a few more days. A month is too long for me.
- Alan Northam
Just trying to be a good mentor!
The one thing that causes traders to end up losing their account is the lack of patience!
Where are you? I am in the Dallas Tx area!
Alan,
- Bruce Preston
Middle of Nowhere, IA
- Alan Northam
Sounds perfect!
I use to moderate the forum but gave it up so I could concentrate more on my own trading accounts. I am still a team member with EATradingAcademy. You can see my mugshot on the team members link at the bottom of the website. I have been trading since 1985. You can click on my name under my blank picture to read a short version of my bio!
Alan,
- Bruce Preston
That explains a lot. You took me from nothing to profit in no time.
