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A lot of times newbies who were doing fine in a demo account will be surprised when things begin to crumble when they move into live account.

If you have real money on the line as you make your trade, this can spell a lot of difference. This time your emotions will really get the best of you. When a trader loses money in a live account, emotions can go to extremes of joy and frustration.

When emotions come into play, this will usually result to more losses in trades. However, the secret to success is trading live but your decision are made as if no money is at stake. The key to success is having the courage to risk real money.

The technique is to start out slowly as you open that live account. Why not start by trading only one mini lot at a time. That way your risks are at a minimum. You should keep doing this until you feel more confident about your decisions.

Demo trading will not teach you how to do this. No amount of practice can prepare you to deal with real trading. You must use and risk real money if you really want to improve your trading.

This doesn’t mean however that you have to be reckless. Just take it easy at first; keep the risk within your level of comfort. Only then can you move up. Remember, practice makes perfect.

TradingSolutions:
Financial analysis and investment software that combines technical analysis with neural network and genetic algorithms.

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