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I think you should stay away from these bad habits. For example, if trading knowledge is low, trading is done emotionally, etc., many more bad habits should be given up.

If the strategy is not right, then there can be loss and if you trade emotionally, there is a possibility of loss. These two things need to be eliminated in order to gain profit.

Revenge trade is a very harmful emotion. The emotions that hurt the investment of traders.

It is never possible to make a profit without a trading plan. Many traders do not usually make a profit by trading without a plan.

Many have discussed a good topic. It is impossible to make a profit without a good strategy. For example, I have suffered from this strategy failure for a long time.

Yes, new traders should use a higher time frame. Emotions work less in higher time frames.

Time management is very important. If a trader can manage time properly, he can be a successful trader.

Forex trading is a foreign currency exchange. Where many traders invest. The Forex market is governed by supply and demand.

There will be losses in forex trading, but if you want to control those losses, you have to manage the risk ratio properly.

It is possible to gain a lot of profit by trading Forex. As a trader, it is necessary to acquire knowledge.

There is a lot of profit to be made in Forex trading if you can work with proper knowledge and patience. You have to work with the plan by developing skills.

I find regulated brokers credible. This broker is licensed so cannot cheat easily.

Thank you so much for agreeing with me. To survive in Forex trading, you must apply risk and money management.

Money and risk management are much the same. However, although there are some differences, the job of the two is to manage the risk.

It is possible to make a lot of money in forex trading. If a trader can trade with proper knowledge, he can make a consistent profit.

The broker that is regulated and offers all the benefits to the traders should be chosen. E.g., leverage, spread, good platform, etc.

That’s right, I think greed and fear can ruin a trading career. Although greed can bring a lot of profit it is very risky.

Yes, you can't make a profit without a good analysis. And good analysis requires trading knowledge. Which every trader should gain.

It is a misconception that I will be a profitable trader if I have big capital. I will gain knowledge to be a successful trader. Making money is not possible without developing skills.

I think profit depends on investment but I try to gain 50 pips profit every day.