All things true. It's good to be reminded of these every now and then.

Rules of Successful trader

That's because money is the end to all ends. If you disassociate knowledge with the prospect of making money through it, what are you left with? You cannot buy anything with knowledge. At most, knowledge maybe rewarding in some psychological sense. ...

Consistency

I agree that even 5% is quite something and someone achieving 10% consistently is truly exceptional.

In FOREX, is 10% return per month good enough?

You said you are not an expert. Would you be willing to risk $100K of your funds into something that clearly involves risks and in which you do not have adequate experience?

$2000 a month

Apparently not. Even if this thread dies another will emerge on the same topic. From my experience over the internet, nothing truly ever ends. The more you want to curb something the more resilient it gets.

Is demo a step before real trading?

Thank you. Demo is like training. I see no reason why should anyone compare it with a real account.

Demo Forex VS Real Forex

Yeah, new traders usually enter the market with psychology to make fast profits and care less about the possibility of losing.

I plan to quit forex!

3. Keeps journal and learns from them Critical but often overlooked.

Rules of Successful trader

Compared to stocks or commodities that present way too many puzzling options to choose from, forex trading is narrow. In other words, the model is SIMPLER but that does not mean it is EASY.

Is Forex reliable?

You don't need to use demo with a mindset that it's a replica of the real account. Demo is like a practice session for a sport and live account is participating in a tournament. Is the practice sessions the same as the tournament? No. Do you still ...

Demo Forex VS Real Forex

I’m aware that there are traders making 10% and more consistently for years so I am not going to say that it is impossible for anyone, rather I feel that every trader is different and everyone makes their own way. But I know that getting to 10% ...

In FOREX, is 10% return per month good enough?

True, and not only do traders make mistakes in avoiding a bad broker sometimes they make a mistake of avoiding a good broker simply because of the bad reviews they had read on the internet given by losing traders. Needless to say, the internet is ...

Introducing broker

The objective is to earn both in terms of money and knowledge in the overall game.

Consistency

You mean like insanity - doing the same thing over and over and expecting different results?

Trading Emotions

No doubt trading is exciting and stimulating because of the prospect of earning and because of these qualities that trading addiction is as real as any other kind of addiction. It is hard for traders who are affected by it to let go of it despite ...

I plan to quit forex!

Yeah, owning up to your mistakes is not something traders easily do. One way or the other it's always someone else's (mostly the broker) fault.

Trading Emotions

True, profit or not, preserving capital as much as you can and for as long as you can is a must. You cannot learn to trade without funds left in your account to trade with.

Rules of Successful trader

Yes, the differences are there because demo is only a simulation of a real account and simulation can only be as good. However, it helps a new trader to learn to watch the market closely and get a better feel of the market without using real money.

Demo Forex VS Real Forex

Never thought I'd ever witness a "lockdown" on an international level or something like "social distancing". It's a strange world.

(binned per thread starter’s request) Trading at home

I don't know anyone who can claim that, I certainly don't trust any free signals and even the paid ones are mostly dubious.

Is Forex reliable?