This is my personal experience guys actually what I have done is I have deposited money in sites and started trading without emotional control just taking a trade without understanding direction. Most of the times markets are in consolidated state. In such phrase absolutely we end with losses. My suggestion is wait for a clear direction then only take trade it may take few days but gives good returns
You make a very valid point in this your topic. Yes, some traders don’t even want to continue practicing and analyzing the market with a demo account until they have funds and when they’ve those funds, they don’t wait patiently for the market to come and pick them up from the actual point of interest, they rather want to go after the market instead of waiting for the market to come to the point of interest for the trade. Most traders have blown accounts as a result of that. It is said that being patient is part of trading and any trader that’s able to exercise patience in trading with total understanding of the market are mostly profitable in their trades.