demo both for a meaningful stretch and pay attention to your emotional state, not just the results. notice which drawdown pattern makes you want to abandon the plan, the trend followers long grind of small losses, or the mean reverters occasional gut-punch big loss. the one you handle calmly is your fit. youre testing your own reaction, not the strategies returns, so demo is perfect for it since the emotional signal shows up even without real money on the simpler-to-tolerate question of can i sit with this pattern.
