The title is simple, a question and suggestion is behind that question, usually people don't want to waste their time in learning process and they just want to make money from forex market, they don't want to learn more, they just want to have the basic knowledge of meta trader, they don't even know all the options in the meta trader, they don't even know the difference between meta trader 4 and meta trader 5, but they enter in forex market and try their luck.
Actually, if you have a mentor or a good teacher, then you will understand the importance of demo accounts, because in demo accounts, newbies can trade without investment, and new traders can try new strategies and expert advisers (robots) without any risk, because demo accounts are based on virtual money. So, nobody can deny the importance of demo account.
Now, the question is, how much time a newbie should do demo trade? The answer is simple, a newbie should learn all the basics and then try to understand how to trade, all that can happen in demo account without any cost. After knowing how to trade in live market, a trader should learn some strategies, that are very much necessary to get success in forex market. After learning, practice is necessary, so demo account is suitable for practice. There are several strategies available in different forums, learn them and try on demo account.
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