The biggest mistake newbies do is investing money without practicing in demo account. Demo account is the best place to learn. However, a new trader doesn’t acknowledge that and go for real trading thought that trading would be easy. But in reality, 95% traders are losing money in the market. So, a new trader should focus on learning not making money. Almost all broker like Eurotrader in the forex market provides a free demo account. So, practice with that until mastering trading.