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RE: Trading Strategy #2 - "You should stay on a demo account until you're profitable"
Nice writeup. I've blown my own account trading countless times and this is something that doesn't happen on my demo account. You feel more relax on a demo account and it won't help you grow until your own money is at stake.
Hey Paul,
Thanks man, appreciated.
There really is nothing that comes close to the emotion you feel when you're watching your money just tick further and further in the negative. It's something you can't explain to a new trader.
They almost have to lose money just so they can come to the crossroads of quitting or making a conscious effort to manage risk so they never feel that again. I know I needed it!