When do you trade on a LIVE account?

At what point do you feel comfortable trading on a LIVE account? What is your process of finally trading LIVE account? I am sure most of us here have all kinds of bright ideas that we first try on DEMO account for some period of time. My question is when do you feel comfortable enough to trade on a LIVE account? What is your process? How much do you trade on a DEMO account? How many trades? What duration?

Depends of what you want to do to test a strategy or to start trading to win!?

Hello yalgaar,
From my experience, if you want to win in a live account with a EA robot (I do not trade manually), you need:
- to have a good broker with a good average spread on all majors currencies
- the EA needs to be backtested with Dukascopy tick data (ex: Tickstory Lite with an old version of MT4)
- the EA needs to work in the past, not only the two last years
- the EA needs to works on several currencies (for me 6 currencies minimum)
- you need to have a very good profit factor (for me 2.7 until 6 is my range)
- you need to have at least 80 trades for a year per currency
- you need to have a very low drawdown (for me between 0.2% and 0.6 for 7 years)
- no weird settings in the EA (mine works with the same settings in all currencies except stop loss)
Make a winning robot is possible, but needs to be patient and never give up.