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There is no time limit for learning. It's not a degree. It's the skill that's important. Time takes varies person to person depending on his understanding level and efforts.

For short term traders, stop loss is very important. In short term market can move in both ways even if it's in trend. To save your capital from unwanted loss, stop loss is important. But you need good understanding of the market to place a good stop loss.

I think we should not follow a strategy blindly. A strategy working for one may not working for others due to different trading personality. Everyone has different psychology. In my opinion best option is customize a strategy according to your trading personality.

Among all the successful traders discipline is the common quality they all have. It doesn't have any kind of effect which approach you utilize, you ought to be trained. If you don't have discipline no strategy can save you from losing money.

Yes you are right. But most new traders think few months of demo trading is enough. As a result, they do not focus on deep learning. They focus on earning and lose money.

Making profit from the market is not a simple task. You have to take in the fundamental abilities and learning. You have know the all sort of markets i.e. uptrend, downtrend or sideways. What's more, for each market we require refine our procedure.

I think it is relative that what works and what doesn't. What works for one may not work for others. Every trader is unique in psychologically. That's why all successful traders have their own trading style and strategy. It's the common traders who try to exact copy of others style and strategy.

If trading were easy, everyone would make money by doing trading. Online trading is designed in a way so that only highly skilled people and institute can make money.

By trading we can make good return but only if we have enough knowledge, experience and skills. Otherwise making money in forex market is the most difficult task in the world.

Of course trading is hard. Trading is a high rewarding work. High reward doesn't come easily. A person needs deep knowledge and understanding of the market to be profitable. He also needs very strong mind set.

Emotion plays the important role in trading. Not just newbie most traders do not have emotional stability when it comes to trading. Fear and greed overpowers them. That's why it's very important to learn how to control emotions..

There is no shortcuts to success. In short time anyone can get some temporary success but for sustainable success, it needs time. But most traders do not try to understand this simple fact. They live in fool's Paradise. They want to make quick money without necessary skills and knowledge.

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.

Losing money is very normal in forex trading. It's about how a trader manage his loss. It's not possible to be 100% right all the time. We need good risk reward and winning ratio to do well in trading.

Of course trading is hard. Trading is a high rewarding work. High reward doesn't come easily. A person needs deep knowledge and understanding of the market to be profitable. He also needs very strong mind set.

Yes demo is important. We can't test a strategy on live account to know how the strategy works unless have enough money to loss. It's the demo where we should test any strategy first. If it gives good results in demo we can try on live.

Most traders think that a holigrail strategy can give them constant profit. But there are more important things like Psychology and risk management. Good trading is the combination of all these. You have to learn all the skills. You can't ignore any of them.

It is because most traders are so much obsessed with the thinking of making money that they forget the most fundamental thing which is knowledge and understanding about forex and online broker.

It is possible to be benefitted from losses if we can it 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.

Before mastering any system, a trader needs to know various types trading of methods. Then from all those methods, he should pick one that he understands the most. It's a long process. It takes years to get the edge.