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If you are a beginner trader, you should gain experience from EA. It takes patience and practice to get an idea of market momentum. A lot of research and information should be collected.

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.

I think fear comes from losing money. So, I recommend investing what you can afford to lose.

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.

Every new trader has to be very serious on their trading. They should make a good plan and chosse the best strategy that suits them perfectly.

Confusion is the main problem of me on trading. I can not make decision instantly. I feel confused when I have to make a decision.

High spreads is the most disgusting thing in trading. To select a low spread broker you can visit those websites that provide broker reviews n their sites.

Forex is tough for those who don't have enough knowledge about the market. Without knowledge, you can not make money from this market. But, if you have all the knowledge about the market, you can easily make money.

As a newbie, you need to control your mentality at the time of trading. Showing emotion can put you in great danger.

Forex is the most profitable online business in the world. I always try to make money from this market with my knowledge and experience. Forex is my main income source.

Coronavirus make the trading market unusual and more volatile than ever. Oil price saw negative reading, Bitcoin price reduce almost half, many other unexpected things happen in 2020.

Loss is unavoidable in trading. However, don’t make loss trade due to same mistake over and over. Try to find what cause the loss and overcome it.

Statistics are important for trading strategy. Every trading strategy should be back tested and statistics will show it is profitable or not.

Every person is different as their trading system also different. I recommend build own trading system according to your own preference.

Forex market is an investment place where trader make profit from buying or selling currency. However, it is very high risky market. So, invest carefully.

Discipline is important in forex trading to properly execute trading plan. Trading journal is helpful to maintain discipline in trading.

Forex market offers great opportunity but unfortunately most people can not materialize the opportunity due to lack of knowledge and skills. They treat it just like gambling. As a result they can't make consistent money.

By gambling one can get some winning trades here and there. Those few wins give them false hope. And they keep doing it until lose all the money.

Most people fail because they don't know what they are doing. As Warren Buffett said, Risk comes from not knowing what you are doing. Most small traders here are doing nothing but scalping.