Quote from: ven7net on March 16, 2021, 02:41:07 PM

Quote from: cytpoway121 on March 13, 2021, 08:01:45 AM

I have no intention of riling up anyone, but as a learning trader it is good that we discuss facts with one another. The first truth is that there is no spare money anywhere in the world; every money are valuable. To improve your trading psychology, you must practice your trade strategies on a live trade; even if you start out with 10$; you need to feel the heat, be under pressure.

Trading is for individuals who can afford to lose money, so if you cannot afford to loose money; please do not trade. In trading we are here to multiply money and not create it; live trading helps you compound losses or multiply money; while demo trading creates money for you.

No risk, no reward; start practicing your trading strategy on a live trade; even if it is 1$; feel the heat and develop instinctively.

I completely agree with you. I remember how 10 years ago I decided to try my hand at Forex trading for the first time. I was offered training and trading on a demo account, but I decided not to waste time and went to trade immediately on a real account for real money. My contribution was $ 1 and was able to increase it 10 times in some time, that is, to earn $ 10. Since I just tried my hand at forex, my task was just to try and then I stopped trading, as it took too long. But I am glad that I got experience on a real account and very quickly understood what and how it works.

If anyone wants to trade in real environment from the start, there are two things which need to be taken care of.

1- Learn trading as without learning you will lose in the long run
2- Start with a small amount which you can afford to lose. Once you make profit , then you can invest more amount to gain more profits.