I agree. If you start trading on a live account too quickly there will be an unnecessary loss of investment due to the trial and error period.

Is demo a step before real trading?

What is different in all countries, I am not sure I follow?

Beginner Questions

Are there many traders who skip demo altogether? That does not seem like a prudent idea and most people have common sense.

Is Forex reliable?

What do you do to reduce your risk?

Why do 95% of traders lose?

Even if one is not a beginner demo is great to test new strategies and even random ideas that should not be tested on a live account.

Is demo a step before real trading?

I could not have agreed more too, that's a great way of putting it.

Is demo a step before real trading?

I agree. Some people jump to a live account earlier than that but I'd like to see the results of a proper survey that show how well people do in the long term depending on how long they trade on a demo account.

Is Forex reliable?

Thank you! I do try to be as helpful as I can be!

Why do I trade Forex

Different as in "much better"?

How did you find success?

Well, any person trying to learn to trade is a trader indeed, but that does not imply they are good at it.

Why you still lose

Certainly. But that's exactly demo is so necessary - learning in a low-risk environment helps one focus on the learning alone.

reasons why traders lose

What brokers do you plan to use? I am not sure about the legislation in India, but keep in mind that if you work with an EU-regulated broker you won't get high leverage. The pan-EU regulator banned leverage above 1:30 some time ago. So you will have ...

Why do I trade Forex

True, there are so many sources to choose from and most of the time they are free.

How did you find success?

I agree. It takes time and effort to develop such skills though and sadly not everyone have the patience to do so.

Trading Knowledge

They are also sometimes not enough. Though at ten years most people do feel quite confident.

trading is simple - trading is easy

If it is properly implemented. Otherwise one can gradually destroy their account.

What is a stop loss and take profit?

I agree. The last part is more important than ever during quarantine.

How to Become Emotionless

If you start trading on a live account - most likely. Spend some time on a demo account until you gain some knowledge, experience and confidence.

reasons why traders lose