The first step is trading on the demo account
Anyone who loses money on a real account will find it very difficult to trade on a demo account. The feverish desire that he possesses to compensate for the loss makes the trader convinced that he must not waste his time on the demo account, and that he must continue trading on the real account in order to recover the money he lost as quickly as possible. Not only that, but the famous saying that says, “The demo account is radically different from the real account” makes the matter worse and increases the trader’s conviction and insistence on trading on the real account. Of course, I cannot deny that there are differences between the two accounts, as greed is almost non-existent, and the pain of loss is It leads to anger, revenge, and fear, and its effect is negligible, but we now know that these differences lie in the trader’s mind and way of thinking, and not in the nature of the accounts themselves, which are almost identical. I believe that the best way for the demo account to have the same effect as the real account is as follows: First: The trader must join one of the account management sites that allows you to send trading signals through the demo account, and the trader must make his main goal to achieve profit as a recommendation provider.
Regardless of your success or failure as a recommendation provider, this step will expose you to many of the trading obstacles we mentioned, and will prepare you psychologically to deal with the real account later. Second: The trader must set a period of no less than six months for trading on the demo account, during which his goal is to test his abilities as a trader and the extent of success that can be achieved.
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