as a beginner trader its really difficult to keep patience , its a result of practice and mental strength.
After seven profitable years, it is a hard way to make money. It is in a lot of ways how game difficulty adjusts upward as well. Why I tell people my background in competitive gaming, and poker playing has a lot of overlap in skills. I continuously diversify and trade my profits into stocks, crypto etc. I still love it and look forward to evaluating trades every week. Everyone who has wanted to learn how I trade at work are sadly unwilling to put in the tremendous hours of work and analysis it takes to succeed.
demo is important but the knowledge we take from there actually not works when trading in a real account.
the result of demo trading can be useless if there was no focus , so we have to be more careful when trading in demo.
psychology of school from pips school + trading in a demo account = the best combination for the traders who are beginners.
Before going live, it’s very important to build a strong base by practicing on a demo account. It helps a trader to understand the mechanics of a trading platform and test his trading strategy. One should never move to the real account, unless he’s really comfortable trading on a demo account and has earned good profits.