There are online brokers through them you can buy stocks. You can also buy stocks by offline brokers. But you have to decide in which stock exchange you want to trade.
Yes it's a good idea not to watch the charts all time. When I was new in the market I used to do this.. Even I couldn't have proper sleep at night. But that didn't give any good results except anxiety.
For consistent profit, a trader needs a good strategy of his own and a mind set. A mind that can adjust with the changing market. A mind that can stay away from trading, if market is not giving good set up.
Yes demo is mentadory to know how the trading mechanism works. It is also needed to test your strategy. You can't test your strategy directly on live account.
Yes, Without trading education, making profit not possible. One needs very deep understanding of the market. Most newbies make the mistake of not focusing on learning. They focus on earning without learning. And lose the money on continuous basis.
We should not think or set goals unrealistic profit goals. A trader goals should be based on your skills. How much return others are getting that should not be a trader concern. If you are able to make 2%, that should be your goals. Our skills and expectation should match.
If you are not professional you can not get success. Professional does not mean taking trading as a profession. It means having necessary skills and mind set for forex trading.
Most traders try to trade a lot pairs. But it is not a good idea to trade so many pairs. Trading few pairs will give more insights about those pair as you observe those pairs for a long time.
Yes, Without trading education, making profit not possible. One needs very deep understanding of the market. Most newbies make the mistake of not focusing on learning. They focus on earning without learning. And lose the money on continuous basis.
For consistent profit, a trader needs a good strategy of his own and a mind set. A mind that can adjust with the changing market. A mind that can stay away from trading, if market is not giving good set up.
Fear and greed are the main enemy of forex traders. It doesn't let you think logically. Due to fear and greed people take emotional decision which leads them to loss.