Forex trading psychology (I)

Many experienced traders share the view that trading on a demo account is useful only while exploring the functions of the platform you are using. In the virtual money market, the risk of real loss does not exist, which is why many beginners get too high confidence, as a result of which their first real money account is quickly melted.

By trading on a demo account, an inexperienced trader does not really think whether to buy or sell a volume of any tool, and when he loses, he just restarts his balance. With a good coincidence, recording several consecutive profitable deals, he feels ready to switch to a real account. At this point, the beginner has forgotten how many times his account has been restarted - it is only important for him that his ultimate balance is a big plus.

The above description is the way in which most traders go in their quest to succeed in the financial markets. But if this time can be circumvented?