I would take a step back from trading on the live account since it's losing money for you and come back to that. Spend more time online on forums like this one and try YouTube, Babypips, and other learning sites as well. Take an in-depth look at your current strategy and whether it's working. Practice any changes on demo account and then go back to trading live. It could also help to keep a trading journal to help stay on top of what is and isn't working. Good luck, I hope things improve!
I believe it's quite right that you have already started your acquaintance with trading activity, have read some books and made a search of some strategies and of course iit's okay to bconfused on your initial stages. All of us once have joined trading community and were as blind as you in it. You should understand that it's difficult enough activity which is required lots of attention in order to become successful in it. You have to determine which type of trading you prefer, choose analysis and only then you should start from learning the peculiarities of chose types of analysis. Then, you should start practice on demo.
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Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
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