How Do I know that I am Ready To Trade Live Account

This is one of the hardest things to know when one is still starting. How or when do I shift to the live account. I can only share how one can get a better picture of whether he is ready or not but the final decision should only come from you. You decide by yourself whether you are willing to put your hard-earned money into the financial markets or not. It is all entirely up to you but below I will mention a couple of things that can help with that hard decision.

Specific Strategy
Before jumping into a live account a trader should have a solid strategy that he can follow that he has tested before. This is important because the live markets have a lot of feelings that are involved so it is key for traders to only get there with a solid strategy that has rules that can be followed and are straightforward.