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Education

Forex trading is for skilled people. And to be skilled we need trading education. Without being skilled, we can trade forex but can not make profit consistently.
 
demo is a place to prove yourself how can you handle trading strategies you have , so, don't ignore the demo , you suggest 3-4 months to stay in here , its a long time for beginners level to keep patience in here, that's why i prefer minimum 1 months for that.
 
Loss is an inviable part of trading that cannot avoid after passing a long time , but when we making loss , we lost control and trade over and over as a result we become loser ultimately and blame this market place.
 
Forex market or forex trading i think is completely secure but it depends on your broker performance , because without a broekr you cant a trade at all.
 
Leaning from own trading mistake is the best practice!
But, we should try to complete our main learning process in the beginning stage of trading!
 
The newcomers cannot avoid losses by their greediness and emotions, it’s true. But the regular traders cannot come out their losses because of having most powerful risk management and MM. they always fours on just acquiring good trading knowledge . of course we have to do it. But besides it must be focused on risk managing approach if we want to avoid losses.
 
Tom, I agree with you but you need to admit that there is no trader with 100% of winning deals. So, still, you might perfect your strategy, but if you make a mistake, try to see what had happened with that deal. Right?
 
Initially it's not a good idea to invest a lot of money. 100$ to 500$ is okay. Once you learn how to make consistent profit, you are good to go with big investment.
 
New Traders try to jump headfirst into trading without actually getting proper knowledge. They learn the basic terminology and think that they have mastered the basics of forex trading. There is a lot to learn in forex trading and if you are ready to put your feet in the market, it’s better to educate yourself first.
 
to keep 5 % risk in each and every trade is really difficult and challenging , need a powerful money management.
 
learning is very important thing in Forex trading , no way to avoid but any kind of learning can be useless if there is no regular level of practice.
 
we traders generally trader in a demo account but honestly speaking instead of demo that is really important to trade in a micro account.
 
loss is a very common thing that we the traderrs cant ignore after having most powerful analyzing trade knowledge.
 
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