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Lowering the lot size, trading in low spread-consuming pairs are techniques of risk management. You have to maintain risk management policy to survive in this market.

Forex is an uncertain market where traders analyze to forecast the movement. There is no scope of showing overconfidence in trading.

Having overconfidence is the core mistake in Forex trading because in forex there is no scope of having overconfidence. Over trading is also a big mistake.

ECN brokers use advanced trading technology so their traders can enjoy smooth trading. I always suggest traders to use ECN brokers.

Forex books will provide you with all theoretical knowledge but for practical knowledge you have to rely on demo account. Trading on demo account will sharpen your skill.

Don’t go for buying signals from outside rather you have to develop your inner market analysis qualities so that you can generate signal thyself.

Yes, hold your patience tight because patience will drive you towards learning more and more. So, as a forex trader, you must have patience in you.

I don’t think so because Forex is a potential earning source. You can even can hundreds of dollars within the shortest possible time in forex. I definitely work for my skill development.

Newbie traders should focus on learning a lot. If they find interest in copying others, they will lose the thirst of learning the market. That’s why I don’t appreciate copy trading.

Reaching the level of making stable profit is somewhat difficult but I am trying hard and soul to hit the target. I hope I will be able to do so.

Deposit bonus is always attractive because they increase traders’ capital sizing. Especially small investors badly need this.

I have been with Forex for for almost four years and still I am trying to learn the market. Do you need any help?

Personally I trade by following moving average and RSI indicators combination. But that doesn’t mean they always ensure 100% accurate signals. I also suffer losses at times but I can carry profit on average.

Every unplanned trade is risky for traders not only scalping. So, consider the market position first to become successful by scalping. Hope you won’t be fall prey to losses.

Install the thirst for success as a necessity in your mind first. Then consider how successful traders reached that pinnacle and form your characteristics this way. I think you will be successful one day.

It depends on the available opportunities. You cannot bind your trades with any limit as long as you are not trading randomly. So, be careful about your trading.

Forex factory is a good forum from where we can derive lessons. We find many traders on this forum from whom we can get our questions answered. However, a good trading broker is needed for better trading.

Learning trading is no longer a hurdle in recent time. There are so many e-books containing the basics of Forex trading and a pile of video tutorials available on Youtube.

I trade less and take low leverage in my trading. I also trade in low spread-consuming trading pairs. Manage risk management policy in trading.

To become successful in trading, you have to control your emotion. Both emotion and revenge-trading are dire bad habits that lead a trader’s capital to crash. A strong psychology is needed for trading.