DislikedLets see if this helps, try to Demo with the same amount of money you are going live....Ignored
I think 50 pips is a reasonable goal on a per day basis, just don't overload your position, and you should be good.
The reason you trade demo all good, then go live and lose is this.
When you execute a trade, you are mentally unprepared to handle the loss, while you "deal with it" after it happens, you might not be able to deal with it, AS it's happening, which could cause you to close the position, then immediately look for another entry to repair the damage done to both your account, and your self worth (in forex, you could still be a father and have tones of self worth as a father, but lose all self worth for trading forex) which causes uninformed trade decisions, which ultimately ends is going broke.
Forex is great fun, but if you feel your stress level goes much higher (I know mine did when I started live). Sit back, take a break, seek within yourself if your ready to handle that kind of stress, or at least... figure out if you can supress it, because stress leads to fear, and fear leads to loss.
The fact your asking all of these questions is the first sign that you are serious about it, Will you make your break on this $500 deposit? No, I don't think so... BUT... think about what you've learned, about forex, AND about yourself, that was a $500 lesson that IMO was WELL worth it.