Right now, I am working on 8 major FX pairs only! Actually, I don’t like to concentrate on much number during my trading! That’s why, my trading plan is only about 8 trading pairs.
Basically, it depends on the traders trading skill; when you have a good skill, only then you’ll able to make consistent money! Otherwise, Forex trading would be much painful.
No doubt, Forex brings good earring opportunity! But it’s not a simple job; here only 10% (around) traders are able to make consistent money, that’s the reality!
Understanding the relation between buyers & sellers! Actually, it’s a knowledge based profession! So, there is no way without proper trading knowledge.
I see, now the price is around 5000$; and this trading instrument broken a very important support level! So, I don’t think it’s a good time to buy BTCUSD.
Mate, till now I am updating my own trading skill. On the other hand, I am quite satisfied on my own trading performance because of my consistency! But again, I need to improve a lot!
This is why I already changed my daily life style as well! Even I believe, the success depends on trader’s personality! In addition, I always do meditation for my better mental condition.
You are welcome mate; nice to that you are on the right track! But honestly, maximum new Forex traders start their trading with an out of reach type monthly target.
Frankly, it’s too much complicated to use! Besides, candle chart is very much easy to understand; that’s why till now candle chart is the most popular! More than 90% traders use the candle chart! Agree?
Basically, market maker broker do so! They interfere in the traders call! On the other hand, only regulated Forex broker provides transparent trading environment! This is why, try to use only regulated Forex broker.