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Watching market can be good if you want to learn about movement of the market. But usually newbies open a lot of unnecessary trades when watch market a lot.

The problem with beginners that either they have been told that trading is easy or they think themselves that trading is easy. Thus they never feel the urge in deep learning.

Dream big is important. But it's not the only criteria. You also need the charity of your dream. Also it should match with your believe.

Yes in trading discipline is very important. Most of the time traders forced themselves to open trade if even their strategy doesn't give proper signal. It doesn't happen if you are disciplined.

A newbie should not think that it doesn't require much study and experience. Trading does require extensive knowledge and skills. And a newbie should work keeping that in mind.

Yes it is important to test trading strategy on demo before trying it on live account. Without knowing the pros and cons of a strategy, it is not good to try on live.

It depends on how successful one is in trading. There is no actual data that how much percentage is gainer in Forex trading. But most people are loser in the market.

In demo account, you can test your strategy to find out the winning percentage and risk reward ratio. We can not test any strategy directly to live account without knowing properly.

Yes everything takes time. Specially developing trading skills take time. But people do not want to give time to learn. They want to earn without learning properly.

Experience comes from knowledge and experiments. Also sometimes knowledge can come from experience. It's vice versa.

It's a bad idea to open a trade just out of assumption. There should be technical/fundamental and psychological reasons behind opening and closing a trade.

It depends on market situation, sometimes no trade in a day. Sometimes 1/2 trades in a day. This is what I do. Every person has his own personal plans.

The most important attraction of currency market is it provides you the chance of making huge money. With a computer or Laptop and online connection you can access into the market. And with little money you are able to begin your trading.

Before choosing a broker everyone should check its regulations. It is the most important thing because you are putting your hard earned money with them. The broker should be regulated by reputed regulation bodies.

Attachment is emotions. In forex trading you have to logical. There is no place for emotions. Emotional decision brings catastrpobe. Learn more about trading psychology to deal with emotion.

Earning profit from forex trading is possible but it needs a great deal of wisdom and techniques. If a individual isn't prepared to devote himself in creating abilities he must not come into currency trading.

People want to know how much one can make by trading. There's not any exact answer to the question how much one can make. It's a risky business so that you might also lose all the money. Your earning will depends upon how much abilities you've got. No skills No money.

Because of fear, greed and frustration individuals loss money. These feelings don't make it possible for them to think logically. To conquer it a trader should research trading psychology.

Money management is the most important part of forex trading. People of us who do not adhere to any cash management policy, they never get long-term success.

Most traders feel that trading is all about strategy. They search for it everywhere. They believe there's one strategy that will make them wealthy. They never try to recognize that the achievement of a plan mainly depends on the individual it's using. Strategy is only a single element of...