Ten trades can go well by luck. A hundred trades with the same rules, on the other hand, tell you how your method really works. Someone who trades a few times a week therefore needs to stay on demo longer than someone who trades every day, because it takes more time to gather enough examples.
If R is new to you, we explain it in the guide on R and win rate. The length of bad streaks, on the other hand, is at the heart of drawdown
There comes a point when the journal numbers stop changing and the mistakes are always the same. At that point the demo has given what it could. Staying on much longer can even hurt, because it gets you used to not feeling the weight of losses. It is time to try real money, a little, as we explain in the guide on moving from demo to real account.
The STA DEMO account is free forever, so you can stay as long as you need, without the rush of a trial that expires. You receive cards with entry, stop and target, and STA's track record is public on GitHub, losses included, so you can compare your numbers with the real ones.
Every card as soon as it closes, with the result and what STA learned from it. It's free and you don't need to sign up.
Follow the channelA DEMO account with virtual capital and real prices, the same cards as REAL users.
Try DEMO for free →This article is for information only and is not investment advice. Trading crypto-assets involves a high risk, including the total loss of the capital used. Numerical examples are for illustration.
Risk management in trading: how much to risk per trade, how to calculate the position and how to use a stop, with made up examples and a demo account.
Trading online with artificial intelligence: what AI can do, what it can't, how to try it on a demo account and how to spot those who promise too much.
Is trading online worth it? It depends on the costs: spread, fees, swap and slippage. What really weighs on a small account and how to do the maths first.