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Most trader think that they have an idea of how Forex works already - but it is still essential that you get the best Forex trading education possible. This is because the market is constantly changing and trading skills can always be improved. And to learn the best, you need the best...

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.

For consistent earning in forex trading, one needs to be skilled and experience. Price always change it's pattern. If you are not skilled enough, you are gonna lose money.

Money management is the most important thing in forex trading. Good management with an average strategy making profit is possible. But poor money management with best strategy resulting in loss. A good trader is a well money management follower. I personally do not use more than 2% of my...

Yes I am also a full time traders. But it doesn't mean I trade all the time. I analyse market everyday but open trade only if I get any set up. Thanks

Success is the combination of few things. A good market analysis and discipline are the most important. Both requires knowledge and skills. Getting discipline in trading is the most difficult part.

Forex is not like gambling. I have taken trading as a business and a business isn't a betting it is about speculation. Different traders intentionally or unwittingly consider trading to be betting. Thusly they wind up losing their cash. We should see it as a business.

New traders always look for an entry. They sit before the charts throughout the day. Indeed, even there are a few traders who can not rest legitimately around evening time. It is terrible. Settle maybe a couple trading sessions and inquiry entry in those sessions in higher time periods.

Yes I took forex trading as full time job. I am glad to hear that you are making money from trading. It's a great feeling to be able to make money by trading.

There are many risk factors in forex trading. You can lose all your cash in the blink of an eye. High leverage will bring about considerable losses. There are more factors like interest rates, political events, economic risk and many more. To know all the risk factors you have to consider a...

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.

Secret is not in the strategy. Secret is in the skills and knowledge. That's why no successful trader has same strategy. Because everyone has different psychology and thinking process.

Strategy works but not every strategy works for everyone. What works for you, may not work for me. A trader needs to find a strategy that works for him. It takes a lot of time to test strategies.

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.

Being greedy is the most dangerous thing in Forex trading. Controlling emotions is the best part in Forex trading. Those who can't control will lose money.

Any exotic pair is least favourite to trade. They hardly have any pattern and move a lot. They are very risky pairs to trade.

Do not trade out of assumption. Learn how to trade effectively. Don't be hurry. It needs time to be profitable. Don't chase pips. Focus on developing skills and abilities, pips will come automatically. Do not treat forex like gambling.

To find the right indicator, it needs a lot of trail and experiments. An indicator working for me does not mean it will work for you. You have to find it out in a hard way.