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If you are successful in demo by following a very specific methodology for a long period of time, you have higher possibility of doing good in live as well. But if you are random in demo, your chances are zero in live. When it comes to real money we start thinking a bit differently.

Indicators are utilized for technical analysis. All indicators are good if you know how to utilize it and when to utilize it. But All indicators are slacking. I have not found one that predicts the market perfectly. That's why you have to learn the market sentiment. You need to read the pulse of...

A system becomes simple when we understand it completely. There is a very deep link between a system and our mind. Something you just know you can't express it in words. When your instinct and system merge it becomes simple one.

Profit does not come from expectation. It is all about your knowledge, skills and capabilities. Everyone is different in terms of skills. Focus on developing skills and do not compare with others.

Yes Trading techniques and strategy is very important for success. But along with this our mind plays a big role in the trading. At the end it's our trading psychology that define our trading career.

Short term traders follow lower timeframe. In short time frame price moves a lot in both directions. For example, market is moving upward but in my system or strategy their is no good entry set up. In this type of situation the traders who are already not disciplined feel the fear of losing...

Every trader should focus on increasing trading abilities. Trading is not any easy task. You need specific knowledge and skills. Those knowledge and skills doesn't just come to you. You have to achieve it. To achieve it you have to study a lot. And it also takes time. There is no short cut. The...

One important difference between trading and going to the casino is that when you go out to gamble, you have a negative expected return. In other words, the house is always expected to win over the long run, on average. Trading , however, if done skillfully and artfully, can put you in the...

The timeframe that you understand the most is the best time frame. You have to research on all time frames and see what works for you. It is time taking. That's why trading is not so easy. You have to do a lot of experiment to get a good trading system. Here most people make the mistake. From...

Self understanding is the best understanding. The quicker we understand, the better it is. Trading requires specific knowledge, skills, psychology and discipline. May be you are best for something else. No matter what people say the truth is very few people can make it. That's why trading is one...

Strategy works but not every strategy works for everyone. What works for you, may not work for me. A trader needs to find a strategy that works for him. It takes a lot of time to test strategies.

Selecting a decent broker for online forex trading is very important. The broker ought to be a decent one that can satisfy your need. Great spreads, good regulations, quick execution of trade and personal help these are the most imperative things to consider before picking a broker.

To make huge amount of profit you need a professional mindset and skills. Without skills consistent profit is not possible. Most traders forget this simple thing. They run for strategy without making themselves knowledgeable.

Emotion plays the important role in trading. Not just newbie most traders do not have emotional stability when it comes to trading. Fear and greed overpowers them. That's why it's very important to learn how to control emotions..

Actually risk percentage depends on many factors. How much you can tolerate is a factor. It also associated with your winning ratio. A trading strategy is a combination of all factors according to your skills, capital, risk tolerance power. You have to make a system so that you can survive in...

People fail because most people do not want to learn the necessary knowledge and skills. People come here with a false expectation of getting money quickly and easily. As a result they start gambling and lose money. Many of them get addicted.

Forex trading is getting popular day by day. You can make money by trading foreign currency. It can be a good source of income if you can learn the art of trading. To acquire the knowledge and skills you need to study a lot.

indicators are reliable. But the most important thing is how much you know about the indicators. More or less every indicator works. Everything depends on your skills and knowledge. The best indicator is the indicators that work for you. That's why learning trading needs time. You need to do a...

Most of us come into forex by thinking it's the easiest way to make money online. With very minimum knowledge, we start to trade with real money. We think few months demo trading and a ready made strategy available on internet will give me huge return. The swag is with that knowledge we want...

For trading knowledge is very important. It makes us more powerful trader. But knowledge becomes power only when we can apply can it. To apply knowledge, discipline is important. The more knowledge you will acquire the expert you will become. To cope with the volatile market there is no...