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Money Management is essential to survive in the market. I use maximum 2% of my capital per trade.

Economic calendar is most important to follow for fundamental analysis. But trading only depend on fundamental is not proper analysis.

Learn the basic trading first. Then use demo account for practice. Don’t invest until fully mastering trading.

Trading depending on luck is kind of gambling. forex is not good for gambling. Proper knowledge and analysis in needed to make profit.

Most of the countries suffer economically due to the coronavirus pandemic. However, the trading activity has increase because of that.

Choosing a good and reliable broker is difficult especially for newbie. New trader often encounters scam broker and loss lot of money.

To make consistent profit traders need profitable trading strategy and discipline.

There is no quickly get rich scheme in trading. Only those who work hard can be successful.

You can gain knowledge through experience. Practice in demo account and learn the way of trading.

Traders need both risk and money management to survive long in trading.

Don’t invest money first. Try demo trading and practice what you are learning.

Just make sure your SL is equal or lower than your TP. It will help you to survive and recover our loss. It is a risk and money management mechanism.

Strategy is important in trading. Every trader is different from another. So, making own stray with own preference is good for long run.

Besides regulation, Scalper needs low spread and fast execution platform without requote. If they provide those they are good for scalping.

Forex trading is risky. However, it can be controlled by proper risk management. So, new traders should learn about risk management.

Small capital has little disadvantage because of that. 1:500 leverage is still risky especially for new trader with small capital like $50 or $100.

There are many more things to add to trading as well as strategy. Such as Trading Discipline, Plan, Money Management, Risk Management, Trade Management, Psychology Control, etc. It is not possible to survive in trading without maintaining these issues.

The strategy is very important but if you can't manage your emotions and discipline then trading is not possible. Another important factor in money management and risk-reward trading. Excluding that part, it is never possible to survive in trading.

It is very important to be confident in trading. It is not possible to expect anything good from trading without confidence. But overconfident is detrimental to trading. It is possible to do a very good analysis if you are confident.

Most people join the trading world interested in making huge profits. Here their greed works in abundance. Greed destroys trading careers. Trading is not a money-making machine. Proper Money Management and Risk Rewards are required to earn a trading profit. It is not possible to survive in...