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Profit does not come from expectation. It is all about your knowledge, skills and capabilities. Everyone is different in terms of skills. Focus on developing skills and do not compare with others.

Following rules is important. But before that we need to make effective rules. Rules that beneficial for trading. Rules that prevent you taking unnecessary trades.

To avoid frequent losses, one needs to develop trading skills and a trading mindset. Otherwise loss will keep happening.

If you are successful in demo by following a very specific methodology for a long period of time, you have higher possibility of doing good in live as well. But if you are random in demo, your chances are zero in live. When it comes to real money we start thinking a bit differently.

Ready made strategy doesn't help at to develop your trading skills. As a newbie you have to learn how price works, how an indicator works, why and when an indicator gives any buy or sell signals. When you are newbie, you are like an intern. You work to learn the skills not for money.

To make a good trading plan we need to know our strength and weakness. A trading plan should be based on strength. Most people ignore their weakness and try to trade in all kind of situation. It's not good.

Patience is the most important thing in trading. We don't want to wait for a good trade set up. We force ourselves to open trades. As a result we open bad trade.

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 you are right. Along with patience, one should focus on learning the skills. Unfortunately most people focus on earning and lose money.

To improve patience we need to be realistic. When it comes to forex trading, people become illogical. They want multiply 100$ in a day. Market moves all the time doesn't means all the pips are yours. Be realistic and treat it like a normal business.

In the Forex world, there are two sorts of spreads offered by Forex Brokers towards their traders. This implies they can trade shrink on a Fixed spread or Variable spread as it were. There are numerous traders that will choose to open an account with a particular Broker simply because of the...

With 10$ capital and 1:10 or 1:20 leverage trading is not possible. To open a .01 lot, it requires 1000$. So 10$ (capital×10(leverage)=100$. Initially a newbie can do trade with 100$+ investment to learn proper money and risk management.

Price action with the combination of indicator can a good trading strategy. But you need to find the right indicators that you understand the most.

The biggest mistake newbie does is they treat trading as a gambling. They come here to get rich overnight. But they are unwilling to learn by themselves. But the reality is- you have to be skilled in order to make money consistently. If you can't invest your time in learning, do Not invest in...

Exactly. You are right. But unfortunately most people focus on making money without developing enough skills. That's why most traders are losing money.

It is possible to be benefitted from losses if we can take them as a lesson. Every loss is a lesson. Traders use journal to keep track of their past trading mistake so that they can learn from their mistakes. Learning from mistakes is the best learning.

Nobody ought to rely upon luck in trading. You can be respected one or two or three times. In any case, You truly do need to acknowledge what you're doing. It's the relentless work that at long last pays off. In the event that you do solid work in right way, you will get achievement.

Doing trading by borrowed money means making the risk double. Trading should be done with your idle money. Money that you can afford to lose.