Search results

It is never possible to trade properly if the mental condition is not right. So the mentality should be fixed first.

Risk management is essential in every business. Because you can't maintain risk, but you can never make a profit. Risk maintenance can cover the loss in trading.

It is never possible to gain profit without trading knowledge. Every trader needs to acquire trading knowledge. Many traders want to make a profit in trading with little experience which is never possible.

If you have good investment and knowledge, you can join as a full-time trader. But in this case, you have to trade by controlling the emotions.

Every trader joins the Forex market with a dream. But their dreams come true only when they gain experience. And works according to discipline and plan. And patiently creates a trading strategy.

Everyone in trading brings a dream. New traders are in a hurry to fulfill that dream. This is why they face maximum time loss. So to fulfill the dream, you should trade with patience while maintaining a positive mindset.

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

I think main problem is emotion like fear, greed. We do not encounter those in demo account.

I do not think market manipulation is easy especially for individual trader. I also never grasp the concept fully.

Trading strategy is essential to trade. However, most of the fail to adopt or create a profitable strategy in the market.

If you want to become successful in this market, you need to have proper basic knowledge of forex. You can get knowledge of all the basics from a demo account.

Forex trading is not a game. You need to have proper knowledge and education to make money from this market.

FX market is the most popular online earning market in this world. many traders earn a lot of money from this market everyday.

Making money from this market is not an easy task. I agree with you. You can choose any strategy or any method. But before making any decision, you should think twice.

Every new trader should choose the best strategy that suits them. Picking wrong strategy can put them in great danger.

To make profit fro the market, you need to focus on both fundamental and technical analysis. Never depend on a single analysis to trade in this market.

For safety you should check regulation and license. With demo account you can test their services and platform.

Demo account is the best place to learn. You can test your knowledge in trading for free.

Especially knowledge of support and resistance level is important. Always enter the market with SL. Most of the new trader fail to do that.

Higher timeframe gives more accurate information than lower timeframe. However, timeframe depend on trading strategy. If you are a scalper, you have to go for lower time frame like M5, M15.