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You can’t be profitable if you have skill but your luck doesn’t support you on the other hand your luck won’t support you without skill. So, both are essential.

You are on the way to earning knowledge but you don’t want to trade on demo means you are not interested in earning knowledge or earning success from forex.

Forex trading is an opportunity not only for beginners but also for other traders as well. But without proper learning, traders cannot benefit from the market.

Investment is important regardless of wherever you invest your money. Forex investment is really exciting as it gives traders an opportunity to flourish himself in the field of a financial market.

Maintaining money management and trading on the basis of market analysis is important for proper trading. To have a quick forecast of the market, technical analysis is preferred but in all cases fundamental analysis is the best.

The journey of forex isn’t as easy as it is thought outwardly. A trader has to be strategically-armed to gain from the market.

Analysis is of two types including technical and fundamental analyses. Use of indicators is necessary for better market analysis. Some traders follow free default indicators and sometimes they work well. For example, moving average, RSI and Bollinger bands.

Better trade management helps a trader reap better profit and better trade management means using appropriate lot size, setting tp and sl in the right position and closing trades at the right position.

I like demo trading because I know it helps a trader form his trading. For the betterment of our trading, we should stick to demo trading.

The way sustainable growth lasts long, sustainable strategy gives more profit. But it takes a long time to generate a sustainable strategy so we have to wait and work on mending a sustainable strategy.

Don’t do any nonsense in trading rather take the trading as it appears. Try to catch the market trend by using strategies and trade accordingly to reap gain on the market.

I don’t think so because here traders are flexible. Traders can increase or decrease their trading risk on their will.

Wrong approach or wrong way of trading leads a person to failing. To guard our trades from sudden crashes, we can use stop loss. The practice has become very rare. It’s a strategy always recommended by experts.

A person’s mind is armed with several bad qualities- fear and greed are among those- that harm a trader highly so traders have to get rid of such qualities for better profit.

I follow dailyfx and forex factory to view news occurring on a daily basis and they are really helpful for me.

Personally, I use scalping tactics when the market is volatile on the other hand when the market is calm I use long-term trading approach.

Every after a period of time, traders have to evaluate themselves for further development by fixing the issues.

Forex is a business that can make you rich if your trading approach is good enough. You can find good ways of trading through again and again rectification of trading. whenever you find a lacking, just work on it and explore new ideas and see how they perform.

The lower the spread is, the higher the earning is. High spread means your broker is taking high commission from you for each trade opening.

As forex is a financial market, better financial management is needed to gain from this market. The best way to survive in Forex is making portfolio because avoiding mistakes completely is impossible. It makes it difficult for traders to survive for long.