How to know ,when I'm ready for a real account trading?

<p id="isPasted">There are a few signs that you may be ready to start trading on a real account:</p><ul style="margin-bottom:0cm;" type="disc"><li style="margin-top:0cm;margin-right:0cm;margin-bottom: 7.5pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:&quot;Calibri&quot;,sans-serif;color:#1F1F1F;background:white;">You have a good understanding of the basics of trading, such as technical analysis, risk management, and trading psychology.</li><li style="margin-top:0cm;margin-right:0cm;margin-bottom: 7.5pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:&quot;Calibri&quot;,sans-serif;color:#1F1F1F;background:white;">You have developed a trading strategy that is consistent with your risk tolerance and investment goals.</li><li style="margin-top:0cm;margin-right:0cm;margin-bottom: 7.5pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:&quot;Calibri&quot;,sans-serif;color:#1F1F1F;background:white;">You have backtested your strategy on historical data and shown that it can be profitable.</li><li style="margin-top:0cm;margin-right:0cm;margin-bottom: 7.5pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:&quot;Calibri&quot;,sans-serif;color:#1F1F1F;background:white;">You have demo traded for an extended period of time and have been able to consistently generate profits.</li><li style="margin-top:0cm;margin-right:0cm;margin-bottom: 7.5pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:&quot;Calibri&quot;,sans-serif;color:#1F1F1F;background:white;">You are comfortable with the trading platform and have a good understanding of how to use it.</li><li style="margin-top:0cm;margin-right:0cm;margin-bottom: 7.5pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:&quot;Calibri&quot;,sans-serif;color:#1F1F1F;background:white;">You are emotionally prepared to deal with the risks of trading real money.</li></ul>

<p id="isPasted">Learn the ins and outs of online trading and become familiar with the world of online trading in all aspects.</p><p>There is an important difference between demo trading and real online trading. When you decide to trade live</p><p>you will invest your own money... and losing your own money can be most emotional.</p><p>A demo account provides a better execution than live trading and can not simulate the emotions of fear and hope...</p><p>So invest enough time in demo trading and decide carefully how much money you will invest when you start live trading.</p>

<p id="isPasted">You are ready for a real money trading account when you can demonstrate consistent profitability in a demo environment, have a disciplined emotional approach to wins and losses, and have a fully defined trading plan and risk management strategy that you consistently follow.&nbsp;</p><p><strong>Key Indicators You Are Ready</strong></p><ul><li>Consistent Profitability: You have generated steady, positive results in your demo account over a period of several weeks or months (e.g., 2-3 months minimum, with some recommending 6 months to a year or 50-100 trades). Your results are based on your strategy, not a lucky streak.</li><li>Defined Trading Plan: You have a clear, written plan that outlines your entry and exit criteria, position sizing, and profit targets. This plan should be based on a solid understanding of market dynamics and technical/fundamental analysis.</li><li>Adherence to Risk Management: You consistently follow strict rules regarding how much capital you risk on any single trade (commonly 1-2% of your total capital) and use stop-loss orders to limit potential losses.</li><li>Emotional Discipline: You can handle both winning and losing streaks without letting fear, greed, or overconfidence dictate your decisions. You view losses as learning opportunities, not personal failures, and avoid "revenge trading".</li><li>Platform Proficiency: You are completely comfortable with your broker's trading platform and can quickly and confidently execute trades, set orders, and troubleshoot any potential technical issues.</li><li>Financial Preparedness: You are only using money you can afford to lose ("risk capital") and its loss would not impact your basic living expenses or lifestyle.</li><li>Thorough Record-Keeping: You maintain a detailed trading journal for every trade, allowing you to track performance, analyze mistakes, and refine your approach based on data, not emotion. </li></ul>