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When you trade in demo you know that you are not losing your money. You remain indifferent. But when you trade in real account, you become conscious. You now know profit and loss depends on your decision. Fear, greed, and joy starts working. Demo teaches us how our mind should be while trading...

No currency pair is predictable but yes major pairs have less volatility that other cross and exotic pairs. You need skills to predict movement of a currency pair.

For success in anything you need to keep trying until you get success. On forex it is difficult to get success, you need to sit tight for it. No one can get accomplishment on forex soon after joining. A trader needs to be have patience.

Trading without stop loss is possible if you have that type of skills and strategy. Many people do hedging as a risk management policy instead of stop loss. Some do not use any of them. It is all about how much skilled you are. And what you are comfortable with. You have to find out your...

Many are making good amount of money by trading but the numbers are unknown. Usually most successful traders do not tell their story in public and which is logical.

Success doesn't come easily. First you need to understand what you need to get success in forex trading. You need know that forex is not a get a rich quick scheme. You need specific knowledge and skills. And for that knowledge and skills you need to invest your time and effort. You also need to...

Some tips for those who are newbies. Test your strategy on demo. Then just follow your strategy that you have tested on demo. Stick to the plan. Do not watch the charts too often if you are not a scalper. Have faith on yourself. There will be bad day but that doesn't matter.

Following signals is not a ideal option as a newbie. It's the time of learning. Forex trading requires specific knowledge and skills. Even to follow someone you need good knowledge about trading. Be skilled if you want to make money with forex.

New traders become restless to make money. All day long they try to find out new entry. Even their night is sleepless. But the fact is to make money in trading you need a calm and relaxed mind. When I was new I was also in a hurry to make money. It's because most of the time we are given wrong...

Self learning is the best way to enrich yourself. There are different types of trading style. First discover which one is good for you. Invest your time and labour. Read different books on forex trading. You will know by yourself what you need.

Spend your time on learning. Running for ready-made strategies is not learning. Spend time on MT4 or trading terminals. Learn how to read the market. Study books not just some pages on internet or ebook. Read about successful traders. Learn how psychology works in trading. That's all.

Trading forex is easy but making reliable profit is the troublesome part. For that you require good learning, skills and experience. You can't plan to profit just by entering into the market. You have to learn the specialty of trading.

Before mastering any system, a trader needs to know various types trading of methods. Then from all those methods, he should pick one that he understands the most. It's a long process. It takes years to get the edge.

It's very common that in higher time frame you will get less trade opportunity than lower time frame. Trading is the combination of all aspects. In higher timeframe you get more pips in a single trade. You have to understand your limitations and act accordingly.

There are two noteworthy analysis for trading. Those are technical analysis and fundamental analysis. A few traders utilize technical analysis as their trading instrument, some are utilizing fundamental analysis for their trading. Also, there are traders who consolidate both technical analysis...

Whether you want to take trading as part time or full time, you have to skilled enough. It takes a long period of time to get skilled. For that you need a mind set and determination. Happy learning.

I think every successful trader has his own way of making money. It's unique. Problem arises when we try to copy others. Or try to impose my strategy on others. Trading is a psychological game. Everyone has his own type of understanding and thinking. That's why 90% traders are loser.

Money and skills are the requirements for forex trading. Most people ignore skills. They dont study, they do not do any research. What they do is collect some ready-made strategies and check them on demo. By doing so they think they have learned. Trading is not that easy. Invest your time in...

Yes, learning is the key for success in forex trading. To develop trading skills, there is not alternative to learning. Traders should focus on learning 1st, then earning.

Making money is a habit. Once you know how to make money, it's not a problem to deal with big money. If you read the life history of rich people you would, they have applied their knowledge in what they love to do and money keeps coming. So you do not need to think like this. Focus on learning...