You want to make sure you understand
what you are doing before you risk real money. I assure you that if
you are losing money in a demo account you won’t magically start
making money by trading a real account.
While you are still practicing your trading in a demo account go
through the steps of opening a real money account. I suggest you
first open a mini account even if you can afford a larger account.
Your mentality will shift once you start trading a real money
account vs. a demo account. Make sure you continue trading successfully on your mini account. After you have practiced some more on your mini account then, and only then consider opening a
“regular” account. Remember to continue using your demo account even when trading
a live account. Practice newer techniques in your demo account.
Use your demo account for trades you are less confident about. The more you practice the better you will become as a trader. Your winning trades vs. losing trades stats will improve.
You’ll become more profitable
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