Welcome to the babypips forum. As a newbie, the most and important advice is to learn basics on fx from various resources. You will get many e-books, articles, pdf as well as trading videos from where you can learn forex.
This is really great that you opened a demo account to practice. There is not only something but also many things to do. Execute your learning into the demo platform. Here are some important sectors where you have to focus a lot. These are
- Know more and more related asset types
- Trading tools and indicators
- How to trade forex by using a different strategy
- News trading and many more.
You have to know every single point clearly to make your trading profitable. Suppose, WHAT IS PIP
You have to know everything related pip to make money from Forex. Because this pip will help you to calculate your profit.
STAY CALM and NEVER LOSE YOUR HOPE