I think traders should stick to demo trading as long as they are with Forex market because demo isn’t only for learning but it is also for many other reasons.
A trader can’t derive good amount of profit from the market until he or she has a flourished trading strategy. And traders have to struggle for developing a good trading strategy.
I try to avoid common mistakes and don’t rely on EA trading. From the very initial time, I used to avoid EA trading just because it takes away control from a trader.
Stress management is important because stress keep control of trading away from us. We have to forget our past losses and work for the betterment in the future. A good profit can have a positive impact on our life.
I give moving average the highest level of priority because I use this indicator to know the support and resistance of the market and set targets. The better strategy a trader, the better his performance is. A good broker should be selected to operate trading smoothly and perfectly.
Knowledge is precious so newbies should work hard to gather knowledge. So, newbie traders should work on market knowledge earning and mindset development.