I'm also beginner in trading. I trade since this summer and I lost about $90 on $120 account. Recently I make $20 on last $34.
Throughout my journey in trading, I read Jack Schwager's book, watched many educational videos on YouTube, read many articles on the educational sections of CEX exchanges, and also talked with many traders. It seems to me that I understand enough about technical analysis, trading systems and trader psychology. But I'm at a dead end and don't know what to do next. Other traders advised me to just trade, but I think that over time I will lose my remaining $45, and demo trading does not bring such emotions and I don’t want to try hard when trading it
As a brand new trader, it's not advisable or a wise decision to jump into trading with real money when you have not mastered the art of trading, you can read all the books in the world as regards to trading, watch all the videos and all that, but then, but you really did not take your time to practice all this things you have learnt before actually diving into trading with real funds, what you were supposed to do is, first, practise all you have read, watched on and through a demo account, and when you have practised enough and very confident in yourself, you can then proceed to starting a live trading with a maximum of $10 to $20 dollars, and only increase this amount as your account balance grows.
Trading is not something one can or should hurry into, if you do not take your time to learn to trade the easy way, you will have no choice but to learn it the very hard way, which is, losing money over and over and over again before you finally start to get it right.
What I did advice is do is, start a demo trading, and put all you have read and watched in practice on your demo trading account, train yourself to be good at analyzing the market and making the right decisions before you move back to live trading, and when eventually you move over to live trading again, start with a small amount of money.