Generally, one of the reasons why people fail in Forex is because they lack confidence. Developing confidence as a Forex trader does not happen in one day. It takes days and weeks of learning and practice. I would suggest you go back to using a demo account. Learn a particular strategy and make consistent profit with it for two months.
If you feel like a winner after two months, do it for another one month and another month and another month. If you have repeated your success for at least 4 months straight, it means you have some confidence now.
The next phase would be to go live. DON'T USE YOUR MONEY YET.
Here is the trick: FIND A BROKER WITH NO DEPOSIT BONUS. The aim is to see how you can succeed with account. There are a few brokers that offers this, just google it.
The ones I have used are from
InstaForex (bonus depends on your location, you can't withdraw it)
Forexchief $100 no-deposit (you can withdraw it after some conditions).
Register a cent account so that the funds will last longer for you to test your confidence. I also want you to learn proper money management system and apply it. I will write on it later.
Choose any broker, remember the goal is to build confidence with a live account just as you did with a demo account. If you don't succeed with one broker, move to another one with no-deposit bonus.
This is Risk Free method of learning how to trade profitably.
If you feel like a winner after two months, do it for another one month and another month and another month. If you have repeated your success for at least 4 months straight, it means you have some confidence now.
The next phase would be to go live. DON'T USE YOUR MONEY YET.
Here is the trick: FIND A BROKER WITH NO DEPOSIT BONUS. The aim is to see how you can succeed with account. There are a few brokers that offers this, just google it.
The ones I have used are from
InstaForex (bonus depends on your location, you can't withdraw it)
Forexchief $100 no-deposit (you can withdraw it after some conditions).
Register a cent account so that the funds will last longer for you to test your confidence. I also want you to learn proper money management system and apply it. I will write on it later.
Choose any broker, remember the goal is to build confidence with a live account just as you did with a demo account. If you don't succeed with one broker, move to another one with no-deposit bonus.
This is Risk Free method of learning how to trade profitably.