Search results

Earning is forex trading is directly proportionate to your skills. If you have skills for 100$ per month, your earning will be 100$. Expecting anything beyond your skills is not good. Then trading becomes gambling.

Scalping is not for newbie. It requires a lot of skills and experience. When a newbie tries to scalp he ends up doing overtrading. It's the story of every new trader.

Scalping is not for newbie. It requires a lot of skills and experience. When a newbie tries to scalp he ends up doing overtrading. It's the story of every new trader.

We should not think or set goals unrealistic profit goals. A trader goals should be based on your skills. How much return others are getting that should not be a trader concern. If you are able to make 2%, that should be your goals. Our skills and expectation should match.

There are lot of free resources for learning forex. Even you can download good forex book in free from different websites. You just need to do some searches on Google.

Most people can make some random profit trade. But making money consistently is the toughest job. It requires good understanding of the market and a sound and composed mind.

There are many advantages in trading forex. With merely internet connection and PC you can do the trading from your bed. From the Monday morning opening in Australia to the night close in New York, the forex market never rests. In forex trading, a little deposit you can start trading. Leverage...

If you are not professional you can not get success. Professional does not mean taking trading as a profession. It means having necessary skills and mind set for forex trading.

Most traders try to trade a lot pairs. But it is not a good idea to trade so many pairs. Trading few pairs will give more insights about those pair as you observe those pairs for a long time.

Yes, Without trading education, making profit not possible. One needs very deep understanding of the market. Most newbies make the mistake of not focusing on learning. They focus on earning without learning. And lose the money on continuous basis.

There should be self made boundary. A trader needs to find out his strength and weakness. Then trade based on strength while working on weakness.

Trading is not easy. If it were easy everyone in the market would make money. Forex is easy only for skilled and experience people.

For consistent profit, a trader needs a good strategy of his own and a mind set. A mind that can adjust with the changing market. A mind that can stay away from trading, if market is not giving good set up.

Requotes and unstable spreads I hate the most. They are so irritating for trading. It will make you mad at the broker. Better to find a good one.

Because gold is more volatile other currency pairs. There are so many factors that work for the movement of gold. Inexpensive traders should stay away from trading gold.

You can lose quick money or you can earn quick money by doing scalping. Everything depends on your knowledge and skills.

No you don't need any certificate for Forex trading. What you need is good knowledge and skills. But there are professional course like CTM if you want you can do.

Yes price action is good. I also prefer price action for my trading. It needs patience and good observation power to use price action.

There is no specific deadline. It varies person to person. In demo you have to develop your strategy and trading plans. Demo is not for random trade opening.

It depends on the person's knowledge, skills and trading strategies and style. Not everyone follow the same route.