My aim is not to become a perfect trader , I know perfection is near to be impossible .We cannot fix market movement from where we can get desired results. This all works on estimation so I want to become a regular profit taking person .
no it is not necessary part of forex learning to pay money for getting knowledge. I never pay any penny for this purpose. May free websites provide valuable knowledge . All can get knowledge if they are hard working they will do their efforts to apply their learning in trading.
Your advice is good that a beginner should get basic knowledge of forex by reading pre school forex articles . This type of knowledge is on many forums after it they should make practice on demo for moths to get trading experience before going to real trading
There is a difference in short and long term trading .We had different targets to achieve. With short term trading My goals are small and I try to get all these with low risks on daily base. But with long term trading strategy a traders should have sufficient experience to deal with market...
Hesitation to face market is a big barrier in forex trading. Forex not only a risky business where people loose with their greed here they also loose with fear when they mostly close trades at low loss. then excitement and aggression are other emotions that effect trading.
Main reason for my failure is low practice of trading . I think one month demo trading is enough . I was at wrong thinking , Just making trading is nothing until we are not good in risk management. The other reason is low amount in my trading account where I can not take big risks.
I do not think that forex is expensive ,. Here are many options to do forex we can practice it without money and real practice too is not involved with our own money . Forum bonus or welcome bonus are for new traders to use it in real trading . After good experience you can invest as much you can.
It is your intesrest you find this market good or bad. Forex market is open for every one. Your way of trading and skill make it for you profitable or having loss . Some people not like this market for its risky nature.
Knowledge is base for trading . That make no sense to join forex wothout knowledgwe if you really want to become a good trader. Without learning forex you will jut do gambling and may be in some trade you will win a good amount .
Yes forex should not fullly depended for new traders . Hereis no surety of profit , profit or loss every thing can be happen any time . So they should invest init just a limited amount to know their skill of trading .