practice more and more by guiding a perfect trading Mentor. this approach can make you a successful trader.
as the best part of trading, i think a demo is the best solution even though most of the time demos results actually not works.
if you want to be a successful trader besides good trading knowledge you have to make sure perfect money management ,
The platform I use was built over 10yrs to produce a targeted Alpha number above benchmark without the need for track record nor the need for capital (launching hedge funds and family office), against that you cannot succeed without a track record and without matching capital unless you have fintech to offset, whether you trade yourself or its managed. If you take managed money then with $10,000s deposited your return would be 40% on Alpha with 60% fee, then you ask what happens if you trade the account yourself looking to book 100% of Alpha and it's simple, your losses will be 60% of your returns netting you back to 40%, which will induce you to over trade or over leverage losing all profits and all capital, at $1,000s capital it optimistically goes up to 70% losses. Simply from a combination being lack of experience and/or lack of sufficient capital, plus lack of real fintech/algos (not trading platforms) to compensate the first two, therefore you accept the losses and succeed (no one ever does), build the fintech to compensate and succeed (takes a decade), have enough capital and experience to succeed (takes a decade), or you buy that knowledge (Bloomberg/Fund Manager) costing the Alpha fee for that capital amount.
Yes agreed and one more opinion which is to start learning and acquiring the skills necessary in making money.
skill is temporary , there is no way to ignore but experience is the main fact in this trading place . so need to build this
experience is a thing that relates to a long-time issue, so traders need to keep patience first of all.