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No one can teach you trading except yourself. It is useless to look for a mentor to learn to trade and if you are looking for one of them in any of the forums, you are wasting your time. Veteran traders do not have time to teach others. You can gather knowledge and practice your skills on a demo...

If you are looking for an account with minimum investment, a micro account shall serve your purpose.

The criteria for choosing the right broker should depend on your trading goals, style, and strategy. Once you have finalized them, you can look for an ideal broker accordingly.

This view will vary from one trader to another. It is like the glass is half-full for a few and half-empty for the majority. Yes, forex trading is the biggest gift of the internet for the traders who became successful. At the same time, it had eaten up investments of millions of traders with...

It depends on the knowledge, skills, and mindset of future traders. If they have the right preparation, they will make profits from forex.

A demo account helps a newbie to gain confidence and gives a virtual taste of trading. There is no fear of losing your real money using a demo account. It is essential to practice on a demo account before entering the live market. However, you can become a trader only after you start real...

Though several brokers have the feature of copy trade nowadays, I do not think it is a good or safe practice for a new trader. If a new trader becomes dependent on copy trades, he will lose all his potential for searching for a new strategy. It will inevitably make him lazy. Besides, copy trade...

Yes, I faced that twice with my previous broker.

I have used my demo account for more than six months. I use it even now for back-testing my strategies.

There is no question of quitting my regular job for trading. I am an EA trader, and I hardly spend time on trading sitting in front of my laptop screen. It saves a lot of time and effort and moreover does not hamper my routine.

If you are facing problems in controlling your emotions or greed during trading, meditation can help you. You can practice meditation regularly in the morning before you start trading. That will help you make yourself more poised and calm.

I never trade without using a stop-loss.

The worst thing for a newbie is to enter the live market without practicing on a demo account. It is essential to practice a lot on the demo account to gain enough confidence and the right frame of mind. Otherwise, a newbie can lose his hard-earned money in no time.

Choose a reliable forex broker online after extensive research as per your trading needs and goals. Do not forget to read the user reviews about that broker before finalizing.

Yes I do, It’s so much less stressful to not monitor your screen at all times.

A professional trader has an edge over a beginner mainly because of his trading experience. Beginners depend on their experiences on a demo account and basic theoretical knowledge, which often does not work during a live trade. Also, professional traders hold their nerves both when they are...