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Searching for magical indicator or strategy which will give 100% profit is common mistake for new trader.

I think you should spend time to learn in demo account rather hoping to make more money. With knowledge that will come later.

Yeah. There are lot of advantage of trading in forex. However, traders should also know about its negative affect like high risk.

Trading forex is easy if you have knowledge. With proper knowledge anyone can be successful in forex trading.

Every person will make mistake. It is natural. You have to accept the fact and learn from your mistake. Never repeat it aging in trading.

There is no shortcut or to become rich overnight in trading. Slow and steady is the main goal in here.

Emotion is in human nature. It is hard to avoid completely. But trader should try hard to control in trading.

Forex become more popular in 2020 due to covid-19 lockdown. Many people are looking for online income source. Forex is the best option for that reason.

I don’t think scalping is suitable for new trader. However, many new traders prefer this kind of trading strategy.

Everyone in trading want to make more money. But if you trade base on your greed rather than trading plan is mistake.

I think most of the day trader often use lower time frame which is not right. I prefer higher time frame for more accurate information.

Forex is one of the best online investment markets. In 2020 it become more popular as online income sources due to covid-19 lockdown.

I think there is no easy business. Every business has its own challenge. Forex is no different.

Beside trading strategy traders also need risk management to reduce risk and ensure they survive long in the trading.

Traders start to feel negative emotion in real trading which they don’t feel in demo account due to virtual money. Because of the emotion they start to make mistake in their trading plan.

Bad broker is one of most common mistakes occurs by new trader. It is becoming very hard to find a good broker.

I also agree. Broker give low spreads and other facilities to major pairs compare minor pairs.

That’s true. Those are most common and popular mistakes occur by new trader. That’s why trading psychology is important.

That’s true. New trader often struggles regrading this matter. Trader need patience and discipline to do that.

Money management is important to ensure your survival in the market. It is very risky market to survive.