When not yet ready to use a standard account, the micro account is a good option for learning, using a micro account is really different from a demo account, emotion in the real account will be involved, while in a demo account no emotion at all.
Exactly! Ups and downs are part of trading, so it is common for a trader to experience a bad week or month. The right approach at that time would be to do exactly what you have mentioned. I can say so because I’ve done the same when I was dealing with a string of losses.
There will be ups and downs in any trader's journey, and by taking a more realistic approach to it, you will be able to deal with them more effectively.
Identify the cause of your losses and proceed accordingly. Some losses are because of a bad trading system, while others occur because you lack a trading mindset. Know the difference and treat them differently.
taking break is definitely the best way to deal with trading losses cause continue to trade while you are frustrated will just lead to more mistakes
Trading breaks surely helps but some things which work for me to get over trading losses are as follows: Accept losses. Review your position and lots. Review each loss. Recalculate your stop loss levels Review your exit strategy. Control your emotions. Use a trading journal.
First of all, you need to stop trading and take a rest. Secondly, you need to analyze your losing trades and find their causes in order to change or supplement your trading strategy for better performance. Or the problem may not be in the strategy, but in your emotions, such as greed, inability to wait, excitement and lack of discipline, which you need to try to exclude from your trading. It is also important to have a reliable broker with low spreads, instant execution, no delays in the platform and no slippage in a calm market like in fxopen.