Many traders focus on how to make more money. But in reality, they end up quitting the market. Survival is the key. If you can get enough experience in the market you can be successful.
Good profitable trading strategy is essential. However, I recommend to build one yourself. If you find a good strategy in online it might not suitable to you.
Forex trading can be a good or has potential to make money. However, it is not easy as new trader think of it. In reality most of the trader lose money in the market.
Choosing a good and reliable broker is not an easy task at all. I faced a lot of problem when I was new in this market. You should be very careful when you choose a broker.
Trader need to have a realistic expectation in trading. However, most of the new traders come to the market with unrealistic expectation. Then they feel miserable.
Risk management is important in any kind of investment. For trading, trader should take maximum 2% risk of their capital. Survival is only matter in the market.
The market is changing continuously. So, you have to adjust your trading strategy according to that. Otherwise your profitable strategy will become a dessert.
Forex trading can be a good or has potential to make money. However, it is not easy as new trader think of it. In reality most of the trader lose money in the market.