Hi, y’ll am Olegasirte, from Kenya, i have traded forex before and blown accounts. I now want to learn forex from begginer, with a new mindset of not wanting to loose money and control my emotion. I want to be both good at fundamentals and technical/charting alike.
Yes, bulletproof emotional control is key to being successful. Then risk and money management. Everything else is aquiring specialist skills, which suits you and your lifestyle.
Not easy, as you’ve found out. But you’ve learnt a lot already, and perseverance is another key to being FX proficient.
A good approach for emotional control is to construct a process that you must follow to the letter.each and every time when making a trade. So, imagine you’re building the same robot to challenge the market. It’s normal to suffer losses as well as gains, but providing you’ve sent the same robot out, you know - with a pat on your back - it’s the best probability of being successful.
Of course, there are other psychological emotions to control while it’s trading, but providing you follow the same process day in and day out, that’s a good trade.
best of luck.
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I’d say after learning, don’t start with demo trading. That’s pointless. Rather go ahead with micro account trading that involves a very minimal amount at stake.