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[QUOTE="bobneedham, post: 6958, member: 3510"] I have recently started trading forex. I learned mostly from articles on the internet. I used a demo account from ufxbank. I demo trade every day and treat it as if I was really losing money. Anyway, after a week of testing, I finally decided to be a little aggressive and managed a win of around $1,700. Cool. If only this was real money. I decided to lower my bets to $340, just to be on the safe side. I took loss but still decided to go up to $380. I was taking profits like $1, $2, $5 or even $0.33. After 2 weeks, I finally decided to open a micro account and made my first real deposit. I traded and took profits like $0.33, $1, $7 and so on. and added $125 to the account in just one trading day. I decided to trade again the next day but I guess the market was against me. I kept shorting but was kicked by a margin call. I decided to go aggressive to recover the cost. Yet I lost another round and my account fell below $100. Lesson learned: never get bored with a demo account, unless you're absolutely sure you're ready to stop greed from taking over your trade. [/QUOTE]
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