Yes of course, loosing is part of forex and its inevitable whether you are professional or a part timer, but the professional traders just know hot to avoid it.
Exactly, if a trader thinks he cannot trade well in the market, instead of investing without having the proper knowledge of the market he should use PAMM account for investing.
to be successful in forex is a combination of various things like your trading skills, analysis skill, emotion skills etc, these all factors when coordinated properly results in a successful trader.
There is no time limit, trading in demo account is all about gaining market experience and cconfidence , if a trader is confident enough, he can go with opening a real account.
first learn about forex from forums and try out Forexcamping i liked it very much, secondly open a demo account with any broker to check how things work in reality in the market.
stoploss is a important toll in forex, which will help you from getting your investment eroded in one go, use it wisely and certainly it will help in bad moments.
yes very well said, we should be confident but not overconfident, if you have complete knowledge and you are well informed you will become confident in trading.
first read forums and search websites which give information on how forex market works then open a demo account with any broker and check your skills and information you have gathered y trading...
anybody who wants to trade should ensure that he has gather as much information and studied the market, gathering as much knowledge as possible is a must for forex trading...
internet has really made forex easy to understand many people share their experience and knowledge on the forums and social networking, which has made forex easy to understand quickly, i ve learned my basics from forexcamping, and other sites...
its important to learn as mush as possible about forex quickly, because you will definitely loose in the lack of knowledge, which inturn will make you to loose. It will shatter your confidence and you would not like to trade anymore...