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Even if you earn theoretical knowledge, you have to apply this knowledge on the market through demo account to make it practical.

Forex is complicated because it requires traders to have both technical and fundamental skills. The better a trader can analyze the market, the higher the return is.

Strategy refers to a set of indicators used by traders to forecast the market condition. For example, I use moving average strategy.

One of the worst human nature surrounding forex trading is over-trading because traders think that this practice enhances their profit but in reality it doesn’t happen.

Forex is a sea where you have to swim with experience and efficiency. Patience, struggle are the qualities badly needed for being successful.

Get rid of emotion and trade with a regulated broker. In Forex, broker serves as an intermediary because forex is a decentralized market where trillions of dollars is invested every single day through a broker.

Make sure losses leave you a lesson and lessons taken from losses stay in a trader’s mind for a very long time.

Make using stop loss a compulsory practice for you otherwise you will have to suffer in the long run.

Grow your small capital with knowledge. Definitely you can but enhancement of knowledge is quintessential for you. You have to flourish your trading knowledge to reap much gain on the market.

Make a better plan and remove anxiety from you. Anxiety is a common factor we see in a trader. So before diving into real account, prepare yourself by earning knowledge.

We all want financial freedom but not all professions allow us with so. But forex is definitely an exception.

To survive in Forex, a trader has to learn how to recover his losses because consistent losses will kill a trader’s capital.

There are two types of forex traders including full time and part time traders. Full time traders invest their full time in trading whereas part time traders invest a portion of their time in trading.

In Forex, some weeks will go well whereas some others will go worst so don’t rack your brain up much about it because it will destroy your motivation.

Forex is becoming more challenging with the revolution in economy. Traders can be hardly capturing the real flow of the market.

Risk is such a thing that destroys or kills a trader’s return. So, those who have small capital should be cautious about risk management.

A person who understands the candle sticks bar will be the real gainer. But the fact is that fewer people care about candlesticks.

USDJPY is my favorite trading pair even though it is a little fast-moving pair. I understand this pair better than others.

Loss will be always with you in Forex and it can be for many reasons like due to lack of knowledge, untoward market condition and wrong decision.

I use stop loss with every trade I open because forex is a very uncertain market and I don’t want to keep any trade hanging.