you are right hamen hamesha chote lot size se shuru karen even
even aaj bhi main .01 lot se hi start karti hoon.
agar hum chote profits karna seekh jayenge to bade profits bhi aayenge
bade losses bear karne se acchha hai chote profits.
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You should use proper MM and if your account balance is $100 , you can afford to use a lot size of 0.10 or even 0.20 . In that case your SL and TP should be in narrow range so that you don't loss much and don't felt greedy.
losing is the part of the game but you have to reduce the losing to the nil while trading forex as for long in demo accounts then only you can become a professional trader :)
i think loss is the only way to get the profit, because loss give you new lesson on each time, jeb tek humhein loss ki waja maloon nehe ho gi hum profit mein kaise aeen gein, hain aik baat ha is kam k leye humhare pass demo accounts jahan hum trade ker sekte ain , lekan money virtual hoti ha isi waja se hum psychology rest mood mein hotee hain
ji ha sahi hai loss is a part of business but if you got to short out the loss part then better get some tuff learning and practise before making a HOPPING RIDE TO THE REAL A/C AND ALSO NEVER LET GO OFF THE SIDE OF SL COZ SL IS A LIFE SAVER TRUST ME GUYS WORDS OF EXPERIENCE
100$ ke liye 0.20 ke lot se bada lot nahi khelan chahiye
iske alawa sl ka use karna bahut zaruri hai kyunki chote account me zara si mistake aapko margin call tak la sakti hai jo ki new trare ke liye bahut dukh ki bat ho jati hai
isliye hcote account me chote lots me trade karna chhaiye by using sl
The best way to get experience on forex is demo account.
But there are just few traders they are enough smart to use it for enough long
periode of time to become 100% reliable and profitable trader.
yes most newbies hardly give time to demo a/c coz when they make small amount of profits in demo then they think that they have become masters of forex :P hardly do they know that in a real a/c a small mistake is gona make them loss and MC, staters should atleast spend 2 months in a demo a/c and then they will be perfect, i have spend one and a half month in demo and then entered live trade but m still stuck to demo a/c for practise and perfection to make a new good strategy.