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
if you want to make a profit in Trading you don't need to rush into trading without understanding the concept many people today who is rejecting threading it is because then join trading with that learning and also read the articles of trading before the establish to trade on their own when you understand the concept of trading there's nothing we make you to lose more expectation because you have already noticed the basic format of it and you cannot allow yourself to be victims that lose in trading constantly..sometimes what makes people to lose in Trading is because of lack of understanding of its concepts.
Aside from basic fundamentals of trading, and other things you should study.
You need to control yourself, especially when entering a trade after you lose a trade. Don't rush yourself making a big profit, keep it at a steady phase, don't expect too much from yourself since you've just started your trading journey. It's important also to don't quit if you really want trading as your source of income. Don't afraid to try new things, that'll help you grow as a trader and a person.
the primary assignment of someone who want to venture into trading is to understand the concept of trading first and they also make a serious practice of trading before, venturing into trading, its obvious and understanding that without your commitment in trading you will not understand the gist of trading, actually trading when you don't know the concept fully is at risk, when you have comprehend trading very well not will make you not to profit on it, that's my own ethics towards trading.