Disliked{quote} There are plenty of traders who do trade on a demo account for a while but still lose money. Forex is difficult and it takes a lot of time and effort to master. Some things can only be learned on a live account, but unfortunately, while one learns they also lose money.Ignored
If someone hops into CFD / Forex trading because they need the money and think they can become rich quickly, they most likely will join the 90% crowd.
You have to pay your toll if you want to make money in the Markets, you have to make bad decisions and feel the pain to learn from it. But not only the pain from making losses because you get stopped out over and over again, but also the pain of losing profits because you panicked and closed a good trade too early and then see the train keep going without you.
Your mentality in Trading should be: "I never lose. I either win or learn."
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