If you are trading Nadex, your demo account is always there for you to -
- practice your execution
- to build muscle memory
- to practice following the rules of your system
- to build a good trading record
Your Nadex demo account doesn’t go away if you open a live account. Don’t feel pressured to go live. Live trading while feeling pressured for whatever reason, is a setup to lose, and at the very least not enjoy your trading. Trade live when you are ready. You should be relaxed and comfortable with the amount of risk you are taking.
NinjaTrader also has market replay for practicing reading charts, and determining entries and exits. Alternatively, you can always scroll back and arrow forward one bar at a time to practice as well.
Remember what Darrell says…It’s much cheaper to learn in demo than it is live.