That should be the approach; and this is why new traders need to start their trading career by demo trading capital!
However, you know, only game can teach you game. My trading tip is different. You should start with demo, but you should go live as soon as possible with fair amount of money.
Thanks for sharing your views! The key is to learn from your failures and to use them as a springboard for future success. But having the right mindset to do so is also important. Otherwise you won’t be able to look back on your failures with a sense of gratitude, knowing that they played a role in making you the trader you are today.