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I advise you to rethink about it. Forex trading is not better than other business. Because running this business is quite different than others and profit is generated by trading currency. Don't you know that about 70% to 90% of traders are losers?

Because most of them think this is the business in which they can earn money easily. So the result is there, about 70% to 90% of traders are losers. Every trader knows that but more and more traders become losers.

I don't really agree that Forex forums are useful. Many forums I've been member have only small quality posts, the others are senseless and un-helpful. I've been learning by myself and by reading book, not by following any forum's topic.

I don't know how much money you have but 20% a week is not usual, I mean it is high. If your capital only 100$, I have nothing to say but if you have 1,000$ or more, you should be careful (If you trade lot higher than 0.1).

There is no strategy that can generate profit without risk because in this market, you can face loss any time. Accept that and here is my favorite one: break-out strategy and fail-breakout strategy. Exactly, that is placing pending orders.

It is hard to for the trader to break bad habit until trader him/herself realize that is really bad habit. Since traders that habit help them earn money or prevent them from losing, this is reason why it is difficult.

I expect to earn stead profit a month, about 50% because my capital is too small for 10% target. I don't care about daily target because it is not easy to do and it is also recommended that traders should not such short-term target, but rather long-term target.

Demo contest is good place to start because traders doesn't only earn money for being top there but also learn many thing because contests has more challenges, and traders have to be careful in making decision.

Of course my favorite trading instrument is currency. I'm not keen on commodities. I don't have idea about indices but it look as profitable as Forex trading, I think so. However, I have been trying to examine Forex market, and don't have time for other markets.

That is called market timing and of course prediction is not easy for novice traders and inexperienced traders. Market timing is considered as the key to achieve successful in trading.

Usually, such services costs clients hundreds dollar to receive signals from them. Well it is generally much better than getting signals from EA programs which are only robots working based on technical indicators.

Fear is not good for traders because it is barrier for trader to earn (more) money. Well, most traders are often afraid of losing money because they are not sure about current situation but they still decide to trade, with fear. It is easy to understand that but experience in long-time may solve it.

Main purpose here is earning money and it is not strange because this is business. Not many ones consider it as strategy game and be willing to spend their money to play.

Except the ones who copy other traders, people in this market trades without analyzing market are casino players, those players only have two things to do: opening positions and hoping.

Most of us needs leverage to earn expected amount of money. We are retail traders, so some hundreds or thousands dollar is really much for us but not Forex investing. With only such money, we can only earn one cent per pip or even nothing (under 1000$ investment) without leverage. So leverage is...

So you should ask yourself what purpose of analyzing market is. Analysis is a factor to decide that FX trading is not gambling. Be objective and follow your own analyses, even if you lose because of them.

Monthly return is equal to sum of investments on trades and profits. I've still had any return because I've been still deep in losses. When I get money in next month, you will try it again.

Overconfidence leads trader to losses, huge losses. Overconfidence is usually confused with patience. Trader cannot admit he/she was wrong and not able to close current losing positions, and so he/she lets it be there until they're closed because of stop-loss or no money left to hold positions.

Zulutrade might be the same as Etoro but not a broker. Because it is the same as Etoro, I can't traders can trust any other in Zulutrade because most of them are not professional traders.

Aggressive trading is dangerous and especially if trader doesn't manage money well. Even if he/she does, it doesn't save us from losing because of aggressive trading. It is not recommended for trader to open many positions though trader eventually wins those positions.