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Raman Gill May 4th, 2017

Episode 49- Why Most People Fail When Going From Demo To Live Account

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One thing I come across very often is when beginner traders achieve success in their demo accounts and decide to switch to a live account, for some reason they ...

Episode 49- Why Most People Fail When Going From Demo To Live Account

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One thing I come across very often is when beginner traders achieve success in their demo accounts and decide to switch to a live account, for some reason they fail. I want to dive into why this happens and how we can avoid it and instead turn those losses into profits.

This podcast is more about the mental tenacity and tricks to Forex trading and if you are interested in the technical analysis behind the trades, check out my other podcast, The 10,000 Trades Show at www.10000trades.com

If you are new to training and want to get a head start, check out my free video course at http://tradingwithvenus.com/forexintro

If you have been trading for awhile and want to improve your skills, my Learn To Trade Forex video course will take you through the step-by-step process of becoming consistently profitable.http://tradingwithvenus.com/forexcourse

 

01:30 You Are Not Alone

01:52 The Stakes

03:09 Don’t Overanalyze- The Value of a Play Account

04:28 Strategy

06:10 Check Your Habits

06:50 Plan Your Trades

07:36 Revenge Trading

08:51 Trade Small, Test Everything

10:39 Write Down Your Mistakes

 

 

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