A newbie should keep so many things in mind while trading real market. But before everything, taking a demo experience always a good way to start trading.
Yes by using a demo they can at least test the right broker and can be able to learn the forex trading processes more easily than any other learning option.
right, to test the Forex we use demo account and that is why the demo is made, but being serious at demo work is also important for any newbie otherwise demo has nothing value for him.
Three things to calculate: leverage, risk per trade and needed capital. Here is a good reference http://bit.ly/2rmkcxF I use max leverage of 5:1 but 90% of the time 1:1.
That is right, calculating leverage with your capital and risk is always better way to minimize the loss of our trade and money.
For what it may we worth: According to hours and hours of backtesting automatic systems I found a fixed position size limit 20% (1/5th) of total account size to be ideal regarding win-loss. With max 50% stop-loss, this translates to a "max" loss 10% of total account size in normal adverse conditions. Any good system should in time survive this by a wide margin, and will usually not end up in sleepless nights and tears. Of course your detailed trading rules can do much better than this, by cutting losers/laggards and picking right markets at the right time, but I find having some line in the sand to be helpful anyways, especially when backed up by results from backtesting last 17 years (year by year + total, though not all exchanges / markets and the usual dangers of overoptimizations, so pinch of salt required).
Its a loan from a broker which is used to open position. While max loss which is allowed is your deposit.
Right, but i think new traders being unaware of the market conditions might blow up their accounts by keeping the leverage high so better if they keep it low in start.