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Frustration among traders is a common disease which devours a trader gradually. And this frustration reaches such a level that makes trader commit suicide.

Some traders build castle in the air about Forex trading that destroy them ultimately. Forex is a money market doesn’t mean it will always give you money rather it can take away your money too.

Right now I am working with Price Action trading strategy! It helps me to understand the supply & demand of the market!

It’s such a bad practice, actually when I was a new trader, then sometimes I was emotionally down after facing 2-3 consistent SL's! But right now how to know during the live market?

There is no alternative to analyzing the market. Economic knowledge is a part of analysis that provides traders with a better forecast of the market.

Worldwide economy is the thing based on which Forex market runs. The market runs of economy and if you want o capture the market movement in the future.

You have to identify your problem first and then you have to design your strategy to recover from it. The better a trade can forecast the market, the better he can earn from Forex.

Make sure you are not repeating your mistakes because repetition of mistakes causes no benefit for a trader.

The better a trader can understand the market, the more the profit-earning possibility is for him.

Forex is like a narrow passage for those who are quite averse to learning. Traders have to wade through the technical tools and the platform and learn on their own how to analyze the market.

Almost all brokers allow traders with scalping friendly trading facilities and a reliable environment. Because brokers know it well that traders like scalping the most.

To avoid such bad practices, there is no alternative to practicing on demo account.

You have to maintain rigidity in your trading like you must avoid random and frequent trading. It gradually reduces your trading equity and once you lose in equity, you will hardly be able to recover it so early.

Find out the reason behind every loss and it will help you recover your mistakes.

If you are in loss, don’t be so sad because losing money is a common phenomenon in Forex but don’t quit Forex for this reason because it’s all about foolishness. Find

Use trend lines to understand the TP and SL line. To turn every trade successful, you have a good analytical knowledge.

A successful trade refers to that one which hits its target level. For placing TP and SL at the right position, you have to analyze the market deeply.

You can use trend lines to catch the market trend. If the trend lines are accompanied by fibonacchi, then it will help you make a cogent signal.

For better trading, you have to maintain better timing. Entering at the wrong time leads to losses and you, as a trader, should be very careful about the timing.

Traders mostly fail to follow this strategy just because they don’t have sufficient idea over the use of the strategy. For so, you need much technical knowledge.