according to me same mistake not a mistake at all. its a own choice.
first of all we have to know what actually good trading , the good trading comes from exact trading knowledge with powerful money management ....
right now trading some exotic pair in demo account to see the performance how it works.
sometimes risk management works to fail when there is much volatile situation in this there.
to be profitable from this market place is really a big deal , need a very long time practice with great level of patience.
sometimes after having most powerful analyzing trading knowledge we the traders cant predict the real faction of this market with certainly.
due to this emotions level most of the time we fall a great trouble especially during news. but this cant be controlled completely.
the demo really able to bring good knowledge and experience for any kinds of beginners level , but we ignore it because there is no real money ....
when you have poor trading money management then no way to bring good amount of profit by using any kind of trading strategies.
when trading in a live account we trade with analysis , but in demo we trade at random and got nothing from there.
a perfect mindset is really important in trading life to lead everything is perfect , also important as well real life.
to maintain trading discipline as a beginner that is really difficult due to low trading knowledge and experience, but without it there is no way...
demo is important but the main problem is when we trade in a real account the demos experience not works.
i dont believe any kind of trading statistic , because this is not declared by any kind authority
reply is relevant , no doubt , its according to me
there is no different between demo and live account , but we cant focus in demo , its all about psychology , nothing without it.
which platform you have been using ?
1:50 leverage is good i think for the newcomers level for avoiding unfortunate risk and losses.
by using demo account i think there is a chance to see the brokers real trading performance . happy trading
short time trading approach always can bring good profit but this is very risky approach.
Separate names with a comma.