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No robot works all the time. They only work for a certain type of market. It's because robot is made based on any strategy. But the market doesn't always based on a single strategy.

For the long run vast majority of traders fail to make continuous profit. Some make occasional profit and not at all. Very few retail traders make good amount of money for the long run. One of the reasons of failure is lack of discipline.

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...

Managing risk is the most important yet ignored aspect in trading. I mean all unsuccessful traders do not have any risk management policy. I do not risk more than 1% of my capital in a single trade. If I open more than one trade my maximum risk percentage is 2%.

Do not trade out of assumption. Learn how to trade effectively. Don't be hurry. It needs time to be profitable. Don't chase pips. Focus on developing skills and abilities, pips will come automatically. Do not treat forex like gambling.

Yes you are absolutely right. There are too many screenshots can be seen on social media with 100%, 200% profit guarantee. If they were true everyone would be rich now.

Yes, One should learn before he invests his money in forex market. Forex trading requires specific knowledge and skills. You can not make money just by coming into the market. Another advice is choose your broker wisely.

I treat forex as a business. It is also a business like other business. But the difference is most people in forex take impulse decision. This is what make the forex business risky. If you follow the rules of risk management and can control your impulse you can get huge success in this business.

The forex market has enticed retail currency traders from all over the world because of its benefits. One of the benefits of trading currencies is its massive trading volume, which covers the largest asset class globally. This means that currency traders are provided with high liquidity.

To shine in forex you require a professional attitude and aptitudes. Without capacities consistent profit isn't possible. Most traders neglect this essential thing. They continue running for strategy without making themselves capable.

One tips for beginners is - do not take trading as granted. If it were easy, everyone would make money from here. It needs skills and experience to be successful.

Learning is an ongoing process. It never ends. To survive in the market a trader needs to update himself with new knowledge and skills.

Personally I am not addicted to trading anymore. But there was time I used to be addicted. I remember I used to sleep very less due to my trading. Eventually I learned to overcome it.

You can't get accurate signals all the time. Usually signals providers give a lot of signals everyday and it's not possible to follow all of them. Most of the time you end up opening all the losing trades.

Every trader should make their own strategy. What works for me may not work for you. Learn technical analysis and price action. You will be able to make your own strategy.

The biggest mistake newbie does is they treat trading as a gambling. They come here to get rich overnight. But they are unwilling to learn by themselves. But the reality is- you have to be skilled in order to make money consistently. If you can't invest your time in learning, do Not invest in...

Managing risk is the most important yet ignored aspect in trading. I mean all unsuccessful traders do not have any risk management policy. I do not risk more than 1% of my capital in a single trade. If I open more than one trade my maximum risk percentage is 2%.

Not everyone can be a trader. A person with determination, quest for knowledge, patience and good understanding ability can be a trader. And all these qualities can be achieved if one wants. But the problem is most people do not have that much will power. You should choose the career that you...

Without enough skills and experience, it's normal to lose money and get scared. Whether new or old, we are bound to lose money if we don't understand the market and follow discipline.

Trading itself is the most risky business in the world. And when you are taking loan to trade, you are actually multiplying your risk. Trading should be done with idle money. Money that you can afford to lose. Yes you can trade with other's money on profit sharing basis. But for that first you...