Correct! On the other hand, it also depends on your broker’s quality! Because, as I see market maker brokers increase the spreads number dangerously during the high voltage time.
Exactly; learning & earning both are long term process here! There is no shortcut way to earing; so new traders should concentrate on learning & only learning.
It depends o you mate; even you can take the demo as seriously. Then definitely, demo will help you to learn Forex! I see, many traders are building their trading skill by demo without any cost.
Agree with you; such as now I am using the demo to update my trading strategy! On the other hand, I used the demo for 1.5 years before my live trading.
I think, traders should aware of their all mistakes; because only one mistake is enough to damage the trading equity. Here, emotions, greed are the most common problem here.
Whatever it is; we should avoid new FX brokers since till now there have enough numbers reputed Forex company. Trading with new broker is always risky and no doubt, nom-regulated Forex brokers are unplayable.