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Yet those skills require a lot of practice and learning in my opinion.

Indeed and the more effort you put in, the more results you get so stick with the rules and be patience with the results because they will eventually come.

Whatever the conditions might be, do not forgot to use the stop loss if you are trading.

That's why it is recommended to always open a demo account with any shortlisted broker to test their processes without depositing money with them and once the broker is tested and finalized using demo, then always start with small amounts to test their further processes which can't be tested on...

Targets should be smart and realistic either we should make them for weekly basis. These weekly basis target will contribute to our yearly goals / targets.

Regulated plus a reputed broker in my opinion otherwise there are many bad examples in the past where even a regulated broker turned into scam taking away all the traders money.

I am using EMA and i have found it very useful.

That is why many forex brokers have started offering crypto pairs to trade beside other currency pairs.

I have seen some brokers like hotforex offers 1:1000 on micro accounts and 1:400 on their regular one however i also noticed some crazy offers like 1:3000 in the market which are pretty unreal in my opinion. New traders being unaware of the market liquidity should keep the leverage low in start...

Proper knowledge and skills does not come right over the night, it takes time to master the skills through the knowledge learned over the time so be patient and follow the rules and discipline if anyone wishes to become successful in the forex trading business.

Yet this volatility and liquidity allows many of us make money from this forex trading market IMO!

Every trader should first prepare a trade management plan and then stick to it, once the target is met or trade went against the plan do not go for extra trade but rather review the trading journal to assess the mistake and improve it in the future.

Still in my opinion BTCUSD or BTCEUR can be a good option to explore either by shorting or buying on leveraged trading market.

Spreads are almost competitive and same offered by brokers these days, the only thing you have to decide is when you have to enter the market to get maximum reward on the amount which you are risking for that particular trade.

Long story short forex trading is a very vast place where even i am still learning and find new things to add in my tool kit, so is the case with other professional traders.

Demo account is one of the best ways to develop skills which required to make money from forex trading, it is also good to test broker processes without investing any money with the broker.

It is in fact a trillion dollar industry with a daily volume of 5 trillion dollars which revolves across the globe so although this seems hard yet many find good way to grab their share from this huge volume.

Yet some people relates forex trading with gambling and have a perception that they will only have to click a few buttons and get money however it is not that case. Forex is a pure business where we have to learn and build up the skills required to make money from trading.

Agreed with the details however i believe that this comes with the experience so the only thing needed is patience and dedication.

Ok good to hear your views, so i guess by writing on this broker's thread you have become known to this broker already.