What was the saying? No pain, no gain? It definitely applies to forex trading.

Is Forex reliable?

Thank you. I just hope that people follow their common sense.

Is demo a step before real trading?

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I think some people risk up to 2% without many problems, but I wouldn't recommend more.

Question on risking 1%

No one can compel anyone to do anything when trading, but there are some approaches that are considered common sense - demo trading is one of them.

Is demo a step before real trading?

One can try their best to achieve that, at least. It's a matter of will and persistence.

5% risk per trade?

I think it's good to learn the software at least, before opening a cent account.

Demo vs Live Account

There is no such thing as safe trading. There is always a certain amount of link involved.

Trading Knowledge

A lot of useful information for newbies can be found in forex forums and especially ForexFactory.

Question on risking 1%

Unfortunately people in the EU don't have a choice about leverage. It was capped at 1:30 some time ago by the EU regulator ESMA and there was that.

Is it possible to trade the forex market without a broker?

Most people don't really become full professional traders. If they can profit regularly on the side, they are happy.

Why do I trade Forex

That's why it's important to spend at least part of the learning curve on a demo account, I think.

Profit in forex is easy! Prove me otherwise...

True, that's one of the biggest pros of forex - it is very versatile.

Why do I trade Forex

I think one needs to be honest with themselves and decide whether trading is for them or not. If not, there is no need to persist and continue to lose money, rather than pursue other things.

I plan to quit forex!

How does one do that anyway?

Is it possible to trade the forex market without a broker?

One can certainly try but depending on their personality it can be pretty hard.

Trading Emotions

Whatever plan one has it has to be tested extensively on a demo account.

Leap of faith...

A lot of people do do that. Usually the end results are two - either they lose all their savings and then don't know what to do or they learn to profit, but there is no guarantee one would be among the latter and not the former.

Why you still lose

Unfortunately most people end up doing that from time to time and end up losing money.

Rules of Successful trader