Recent content by LuthfiMaung

And also, they have to reset their min, start recognizing that they're about to trade with their real money. Some people still treating their live account as demo account which it leads to any reckless actions in their trade...

Handle and minimize the risk of this business is the key for a successful trading in the future. But you need to take your time when learning both about money and risk management.

Things you should never do: 1. Don't trade when your emotion level is uncontrollable, you need to relax first! ; and 2. Don't trade when your greed is fulfilling you (mostly happens when traders got affected by some profits)

Indeed! That's why new traders should try to understand forex trading and train their trading system on demo account.

Sure thing I agree :D The risk of losing our real money is affecting our trading process in live account.

And from that we can see who is really understand about the risk of forex itself. It's not just personality, our trading psychology is also need to be trained as well.

Especially to control your emotion, you'll start to struggling it in live account. Try to start it with small capital first then apply everything that you've trained when you were in demo account. Although, it's a huge difference when you loss $100-$500 in demo account and loss $20-$50 in a live...

Go get yourself familiar with the platform itself, how to place an order, how to close it, etc. You may want to wondering around FPA to educate yourself some stuffs about forex trading then go outside to look for some educational videos. Train youself in demo account, train your discipline...