DislikedWelcome Oromis to the Thread!
Consistently losing is the common of 90-95% of traders. It is a normal stage of the learning curve I guess. The most important thing to take into consideration is Money Management for the moment.
My advice: Don't risk more than you are ready to lose in one trade, else your emotions will take over and you will make, most probably, wrong decisions.
A demo account is the biggest trap that BD offer to beginner traders and they always fell inside. So it is a good step from you to go live, but go slowly in as much low amount as you can until you are comfortable with your emotions, and that is the most difficult part of the 'game'.Ignored
Yesterday I took 4 trades on E/J on it's way down with micro lots and all four were winners...maybe just got lucky...but my emotions were calm and collective. I will continue this for next week to try to settle the emotions down and was thinking to as my they strengthen to gradually increase my lot size to where my goals have been set. I figure this is easy to monitor as my emotions will tell me exactly when the lot sizes are getting too big
Let's see how next week goes.
Thanks for the advice.