Of course, in the forex market, we work with possibilities. There is no such thing as a 100% guarantee. So if I become overconfident, it could be the cause of my loss.
I don't think demo accounts alone can bring success. Because many times even if you make a profit with a demo account, you can't make a profit with a real account. This is because the trader's emotions work. From this perspective, the demo platform alone is not capable of successful traders.
I need to learn how to make a consistent profit in Forex. For example, I first researched and developed a strategy online and worked with that strategy by combining plan and discipline. I have traded with patience by maintaining money management and risk management.
New traders usually have a lack of patience which makes it not easy for them to make a profit. Long time plan has to be done by eliminating greed in trading.
With Mindset Control you can break the bad habit. Many traders consistently make the same mistake. They need to manage their mindset properly to solve these mistakes.
Forex trading requires education first. Then you have to make a mature strategy by getting mistakes out of it. And always have to collect research and information.
Experience is needed to make any subject positive. It will be impossible to make a profit without acquiring a trading education. For this, it is necessary to gain knowledge piece by piece from various online websites.