I have been trading in forex for three years. I passed my initial 6 months in demo trading that sharpened my skill to some extent. Then I moved to live trading and started carrying out average profit even though some months went without any profit too. But in the last six months, I have been consistently in loss. Can you suggest me any idea to get rid of this awkward situation?
Should I move to demo trading again?
- Thread starter Rowan_0
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I'd suggest moving back to demo or to a small (micro) demo account where you can trade with insignificant amounts of money. When you transition to a live account, you have to be certain in your strategy. That certainty also means that you can trust it to go through rather long streaks of losses but to end up profitable.
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