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Tracking of performance is really essential in order to measure the deviations from expected performance.

Completely agree with you buddy, demo account is usually used for practice and live account is used to do real trading.

Consistency is key to successful trading, and it develops with time and with practice.

On a micro account, you can start trading with a little amount of capital, but on a demo account, only virtual money is used. One may select based on his needs.

Yes definitely it is important to consider both pros and cons before making a sound decision.

In order to become a successful trader, strict discipline should be followed and properly implemented.

In my opinion short selling is the best way to make money in a bear market. This strategy requires the selling of borrowed shares, which are subsequently repurchased at a discount within the same day.

Being profitable in the market inspires me and keeps me motivated to remain consistent in trading.

In my opinion beginners should start with small leverage. As with leverage comes responsibility and risk.

The best approach for a new person is to learn how to manage and minimise risk in trading.

Traders are more likely to experience depression usually after experiencing major losses. Personally, I seek out social support in my family and friends and this works for me.

For traders who lack emotional control, forex might become an addiction. Excess of everything is bad, thus traders should control their emotions.

Bitcoin has been declared dead 15 times already this year. In my opinion it is next to impossible for bitcoin to recover.

Mentors can be a great help. Your time will be greatly reduced if you have a mentor and his/her experience can teach you a variety of useful trading suggestions and techniques.

Losses are part and parcel of trading. Rather than ignoring your losses you should accept & learn to manage them.

You can start your forex trading by learning about the market and later on practicing on a demo account.