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Forex trading requires specific knowledge and skills. You need the ability to find a good trade and control your emotions. New trades most of the time focus on making profit. They ignore learning and skills. As a result they take impulsive decision.

Trading for living is possible only when a person is enough knowledgeable and skilled. He only needs to be psychologically strong.

Yes market is not always the same. Sometimes it's in uptrend, sometimes in down trend and sometimes it's in a side way market. That's why it's not always possible to achieve same target every month.

Yes trade management is one of the important things. Without proper trade management, it's not possible to make profit in trading.

I personally like MT4. But that doesn't mean MT5 is bad. It's about your comfort and which platform you like the most.

Right now I do not have any mentor. But I had a mentor. He helped me a lot in some aspects. If you can have a good mentor you can learn a bit quicker.

It's not a good idea to compare with others. Every one has different understanding level. And some are quick learner some are slow learner. It depends on your understanding. On demo develop a syatem before going to live trading.

I only like no deposit bonus for beginners. It can give them the opportunity to trade on live account. But deposit bonus is no use.

Spread is very important if you are a short term trader or scalper. Those who hold trade for a longer time, for them spreads doe not make much difference.

Leverage just gives us buying power. It's the skills that need the most to be profitable in scalping. A trader needs to understand the market very well to become successful in scalping.

Without enough skills and experience, it's normal to lose money and get scared. Whether new or old, we are bound to lose money if we don't understand the market and follow discipline.

Every pair has its own unique movement pattern and characteristics. Sometimes it seems they are all moving to the same direction and every pair has its own chart and price pattern.

Money management in forex trading is very important. But unfortunately many traders don't bother about. Out of overconfident and greed, they do not follow proper money management.

It varies person to person. Not all business is suitable for everyone. If you think forex is not suitable for you, you can give up. Some people can't take emotional stress.

No robot works all the time. They only work for a certain type of market. It's because robot is made based on any strategy. But the market doesn't always based on a single strategy.

Yes there is no shortcuts for success in the forex market. Some people think there is a holi grail. If he finds it, he will be rich. But it's the skills that matter.

Number one biggest mistake new trade commits is they treat forex trading as a money machine. Open trade and make profit. They think it is the easiest job in the world. But in reality you need profound understanding of the market. My advice to new trader is gain necessary knowledge and skills.

To find a strategy that works for you, you have to do a lot of test and trail. Otherwise it's not possible to find out the risk-reward ratio and winning percentage of any strategy.

That's why we need adaptability skills. We also should know when to trade and when to just observe the market. No strategy can give you trade set up everyday. We force ourselves to open trade.

It's better to develop our own strategy. What works for you, may not work for me. It's because everyone has a different trading psychology.