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Yes it is necessary skills that matter. Many people waste years by doing unproductives things.

Yes it is very important to learn the art of trading. Most newbie do not focus on deep learning. They do demo trading for couple of months then they jump into live trading. That's wrong.

You better find a broker that gives demo trading opportunity for long term. To test a strategy one needs at least few months of demo testing.

Everyone can trade. But not everyone can make money from it. It needs deep understanding of the market to make money in forex.

Yes, Making a profit in forex trading is not an easy job. It is one of the difficult jobs in the world. It is easy to make some profitable trades here and there. But consistency is not easy.

The biggest mistake is not making anything good from that matter and how do you plan to go further in life with that matter out there. I am totally and completely disrespected will be by such decisions, that's why I am always looking for some improvement ways on that.

Backtesting can give you an idea about the strategy. But before trying on a live account, it is good to try on a demo account. Every trader should do some backtesting before trying the strategy on a live account. There is no point to lose money by trying on a live account.

Yes you are right. News trading is not something that can be recommended. It requires a good understanding of the fundamentals of both currency in a pair.

You can earn money from Forex trading if you can acquire most powerful analyzing trade knowledge , on the other hand , despite of good trading knowledge that’s not possible at all to lead a profitable trading life without having a reliable support form a credible trading platform, because the...

Very few traders can control greed. It is not a cup of tea for all traders. It needs the right education and practice to control greed in trading.

Trading psychology is the mindset you have. You need a good mindset. You need to know how to control your mind while trading. You have to trade only your systems permits you.

Placing stop loss is one of the difficult tasks in trading. So many things to consider. Your trading style, risk tolerance capability and good knowledge about support and resistance levels are important to place a stop loss.

Yes scalping is risky. That is why it needs good skills and experience. Scalping is not for everyone specially not for new traders.

Yes good trading skills, money and risk management skills are the key. A trader also need to know when to trade and when to have patient.

Forex is not easy at all. You have to practice a lot and learn a lot so that you would be able to develop your skills. I'm having a hard time learning how to improve my skill as it would need a lot of patience.

Yes it is not good to do news trading especially for newbies. News trading need very good fundamental knowledge.

To become an expert in trading we need to practice a lot in demo account also we need to read the e-books about trading this will help us to improve our trading knowledge then we have to make our own trading strategy then i hope we can become successful of expert in Forex trading.

Make yourself capable first for trading. Invest your time for learning. Most traders start to run for different strategies. They ignore the learning process. As a result they drop from the market very soon. Focus on developing skills.

Money management tells you how much money you should should to open a trade. Risk management tells you how you can manage your risk in trading.

Yes you are right. Scalping requires good skills and experience. It is not for novice. It is not for them who is not good psychologically.