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Successful people deserve respect. They have earned it with their work. But a people can be famous for wrong reason as well.

Placing stop loss in the right place is not an easy task. One needs proper knowledge and experience of reading a chart to place stop loss.

Bad spread and slippage can happen during any big news events. When you open an account you agree with the terms and conditions. So I don't think dispute will help you get the money back.

Common mistakes are those that we do again and again. Over trading, revenge trading, no money and risk management all are common mistakes.

Broker is the medium by which we can do online trading. We should be very careful to choose a broker as there are lots of scam brokers out there online.

Loss is inevitable in forex trading but you shouldn't feel dejected like you have said,if you get dejected every time you loose,then it would come to a certain time that you would not want to invest in forex again but if you carry on and you don't let your loss to weigh you down,I am sure you...

Without spending a long time it is not possible at all to lead a healthy trading life with certainly, because the success in this market is related with long term process. But practically mostly traders in particularly the newcomers try to make success very rapidly and fall a great loss when...

Most traders have fear of losing. That's why they hold the losing trades in the hope of reversing it. To remove fear you need to know what and why you are opening a trade.

We loss for many reasons , one of the most common reason is immature trading plan or target , this approach always make us emotional and greedy , as a result we trade here at random and become loser . we it is more appropriate to make trading plan according to practical situations.

You have to develop a trading system. The system includes everything. Now you may ask how to develop a system? That's the most difficult task in forex trading. It is also the reason most people fail in trading. That's why you need to study and experiment a lot. It will take time. But there is no...

I prefer GBPUSD. It seems I understand this pair more than other pairs. Yeah EURUSD is also safe pair.

Practice makes a man perfect. But for doing effective practice we need to study a lot and need to know what to practice how to practice. Learning the market mechanism is the key.

During news release time, market moves a lot. But trading during this time is not a good idea. During this time market becomes most unpredictable. If you are not very expert, it's better to stay away from trading during this time.

Demo trading can give us confidence about our strategy. If the strategy is doing good on demo, it will do good on live as well.

Forex trading is easy for those who have proper knowledge and experience of trading but on the other hand it is difficult for those trader to earn from Forex trading who don't have knowledge about trading and don't have experience.so if any one want to become a successful trader then he/she...

Yes it depends on learners. Everybody has a different learning capabilities. Also it varies from subject to subject. But the fact is it takes time to be skilled enough to make money consistently.

Trading is easy only if you have good knowledge, skills and mental capabilities. It's designed in a way so that not everyone can make money. Most people want to make money here with least knowledge and skills.

Actually everyone's expectation is different. Understanding, knowledge and strategy are also different. Yes 10 to 20 pips per day can be good enough if you can consistently make it. And when your target is 10 pips daily you may be need to increase your lot size. Hence risk comes. You have to be...

Yes psychological factors are the most important things in forex trading. People get emotional attachments to theirs trades. That's why they can't close trade even though they it will not give profit.

Yes you are absolutely right. Along with those quality one needs to know when to trade and when to sit out and observe the market.