after some days most of the people will say in forum and their social site , "passed a losing year" by Forex market , every year at the end of the time i have been seeing this status. feeling funny.
learning is a continues process, there is no way to stop learning in spite of being profitable , every time market changes its own trend so that we always have to acquire this attitude by learning.
which pair is best for you it completely depends on you . generally we traders like to depends on major but i think any pair can bring good result if you have real knowledge and experience. so increase your trading knowledge and earn more profit by your pair.
we know trading plan not works 100% but there is no way we have without it. generally if our trading plan work minimum for 25% , i think its good. i always try to earn profit minimum 20% according to my balance.
i have a very simple and common question about this topic , there is any difference between money risk management ? sometimes i feel it is all about same issue.
confidence is very much important when trading in live or demo , but my question is , the confidence we took from demo actually works when in live account ?
successful from Forex trading is a big deal , just want to say as a newcomer you should focus on this forum including practicing account. happy learning.
mostly traders kick off trading just after finishing demo account very shortly ,but in practical this is not enough to start a live trading , because there is far difference between two demo and live.
when you choose a genuine broker . it will take time. personally before choosing a broker i always take time to see their reviews in all Review sites above all in FPA.
For leading a secure and profitable trading life with certainly there is no alternative way to trade in a broker which is regulated. Because only regulated trading brokers can make sure security of funds at any deposits with a wide range of trading technologies.
we know trading plan not works 100% but there is no way we have without it. generally if our trading plan work minimum for 25% , i think its good. i always try to earn profit minimum 20% according to my balance.
For avoiding risk I always use 1:100 leverage in spite of having up to leverage 1:2000 , actually leverage is an important financial tool which always contains risk , so it is better if we avoid using high leverage in real account.