Awareness # 8- Lack of discipline and Patience
When demo trading a trader should be developing discipline and the ability to wait for a trade to come to them. It is easy to say “This doesn’t count; its only a demo account.â€Â This type of attitude and thinking will cause you to give up on a difficult trade and situation. This is the time to stop and think of what you need to do to make the most of any trading situation you get into.
Demo trading is the time to become mechanical in trading. A trader does certain things to get in the market and certain things to get out of the market.  A trader should practice trading without emotions see the set up, pull the trigger, set the stop loss, and manage the trade. Practice what to do when it goes in your favor and practice what to do when it goes against you, and then do it over and over again.