That’s the point; you may noticed; there have so many traders are unable to make money; because they have no specific plan; they try to make money randomly!
True; suppose you got a TP with 1000$; then what? nothing actually! if you made this money only based on your luck without knowledge; then you’ll face a huge SL!
It’s a long term process; I am talking about choosing any new trading system in live trading account! 500 trades is the minimum number that traders need practice to verify the quality of this specific trading system!
Your trading skill is your main investment here! When you have a standard trading skill; then you can make consistent profit with a very ordinary trading equity!
The tread was created on 2013 and now it’s 2019; but till now the scenario is almost same! Traders need to learn Forex trading manually; paid courses are till now valueless!
Usually I close my trading chart; and take a little short break; there is no way to focus myself! I believe; trading is all about mental game! So; need a fresh mind first!
Although Forex market is open for 24 hours; but as you know good entry points are not available here and there! So friends; when there is no entry point; what do you do? Close your chart or anything else?
Guys; please your experience on the 1st year of trading! From me: my 1st year trading experience was horrible! I lost my trading capital for couples of time!
No doubt; scammers are available here and there but we traders need to move here carefully! We should avoid all kinds of 3rd parry service and need select the regulated FX brokers!
That’s the beauty of Forex; you can take this money making opportunity as your part time job as well as your career! I am also doing full time trading; it’s challenging but enjoyable too!
Maybe cent account is an option; but I think, demo is the best since; it’s free! Although I see; many traders are unable to concentrate enough in demo! So; traders need to use the more sincerely!