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I guess profit and loss both are a part of any business so you have to risk your capital in order to make profits however with using good risk management we can minimize these risks to certain extant.

These days, almost every broker is offering trader awareness programs which are usually free of any costs. I have attended similar webinars from hotforex broker and that did not cost me anything to pay.

Forex is still risky even if we master demo account so we should not neglect the importance of other factors like money management etc while trading.

Demo trading is helpful really even if you are trading live as it can help us evaluating the performance of any strategy by testing it on demo before implementing live.

Sad to hear you also lost money during the said incident, Alpari UK is shut now.

Good Luck DUDE.. ! :)

In fact demo account practicing can be the biggest asset for any successful trader and anyone who wishes to become successful in future should not ignore the importance of demo account trading.

New traders should make note of it as setting the emotions aside while trading leads to be a successful trader of future.

In my opinion, $1 is the base to build a whole empire so we need to give importance on saving every single dollar if we wish to become successful in our life as well as in trading.

Maybe it is not like big money but it can help traders to earn enough returns on their investments so i suggest carry on with the investments what so ever do you have..

Losses are a part of this trading business so better we take risks to that extent that we can afford to loose.

Many comes to trade forex just because of the desire to get rich over the night but on the contrary it is not possible, we all have to undergo through a specific process in order to become rich. SO whatever the profits we better stick with the system and try minimizing our losses.

Besides improving confidence and experience, i guess it is good for every newbie because it helps learning forex trading processes easily.

New traders should also take note that scalping might be difficult for them as the best time to scalp is when the market is very unpredictable. So they should trade with extra care.

Yes i guess your calculation is right as there are many traders who looses money and some of them looses more while chasing their lost money. But i guess instead of taking risks they better learn the trading process and better to take start by using demo account which allows you to learn trading...

In my opinion sharing is caring too, so i guess these posts can also be helpful ..

We can conclude good trading decision by making accurate predictions through our experience but i don't think that we can win the market through overconfidence, so better staying away from our emotions while sitting on a trading desk.

Pickpocket + SCAM! I only suggest trading with those brokers that have certain repute in the market.

The only point is that we, whatever amount is invested, should earn some reasonable ROI on our investments..! Correct me if i am wrong?

Actually practice helps us get more experience, and experience is necessary in avoiding the risks associated with our investments.