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As a scalper I prefer M5 time frame. However, I recommend higher time frame for other trading strategy.

News trading is risky due to high volatility. If you use high leverage you may end up losing whole capital at once.

I think mastering only one pair is enough to bring success. So, focus on one or two pair for learning.

New traders often victim of scam due to bad broker choice. So, careful with your broker.

Right. Traders also should invest the amount what they can afford to lose. Otherwise, fear of losing that money make their trading extremely hard.

What you said is absolutely true. Forex is a risky market. Without proper risk management it is hard to survive.

I agree with what you said. Education is the main power of all sector even forex trading.

Trader have to learn the basic of trading. Then try and develop their skill through demo trading.

Economic calendar is most important to follow for fundamental analysis. But trading only depend on fundamental is not proper analysis.

20% monthly is lot for me. My target is 5% monthly. But I am struggling to achieve it.

Yeah. Trader have to accept the fact that loss is unavoidable. So, learn from your every mistake.

Trading plan is essential for all kind of investment. Trading plan include strategy, analysis, risk/money management etc.

Clear mindset is also important in this case. Cloud mind can temp your trading decision.

Yeah. Demo is the best way to develop skill of trading. Practice as much as possible.

Demo account is best way to learn and practice no matter what market you are in. Every investment market has its own risk. So, invest with caution.

Bitcoin mining is not easy. You need big investment to buy instrument for mining which are quite pricey.

I also blow my account couple of time because of overtrading. Now I am trading with proper caution with risk management.

Sometime traders increase their lot size due to overconfidence gain from couple of good trade. So, it clearly hampers ones’ trading plan.

SL is the main key to reduce the losses. Risk reward ratio is also helpful to recover losses and gain healthy profit end of the day.

You have to accept the fact that loss is unavoidable in trading. So, focus on risk reward ratio to get healthy return despite couple of losses.