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I think beginners should focus on knowledge rather than profit. After gaining proper knowledge can gain profit and recover all previous losses.

Indicator is helpful to identify potential trade. However, trading solely depend on indicator is mistake.

I think news trading is risker than other strategy. During news release, market become extremely volatility. One small mistake could cost big loss.

Leverage is a both good and bad facility for trader. Trader can trade more than their capital with leverage and earn or lose more money.

Fear of losing is a big concern for new traders. So, I recommend to invest what you can afford to lose. Otherwise it will give you extra mental pressure in trading.

Scalping is short time strategy. Trader need low spreads for this kind of strategy. Find a low and tight spreads broker for scalping.

That's right. I think new trader come to the market with this kind of unrealistic expectation. I recommend 5% monthly gain is a healthy expectation

Keeping a journal helps to identify trader own mistake. Trader can aware of his/her mistake and avoid second time in trading.

I agree with you. Trading is a probability game. Better risk reward ratio helps to survive long in this market.

Trader sometime use multiple indicators in the chart for hoping better result. But in reality, it confuses trader in their trading decision.

Trading is easy but making consistent making profit is hard. I think discipline is main key to consistent profit in trading.

Many traders come to market with the expectation of becoming rich overnight. But in reality, it happens opposite. So, try to learn and make realistic expectation to achieve in trading.

You are right. I think maintaining trading journal is also important part of trade management. It helps to organize and review your trade.

Trading with unregulated broker is not safe. I always prefer regulated broker with good customer review.

Demo trading is basically to know about trading and platform. Trader also test broker condition and service in demo account before investing in their account.

Scalping is risky. But trading is also risky. Scalper deal with small pips, so small mistake can cost you big. So, my advice is that learn, test and then invest.

Trading is not a game. If you think like that you will surly fail. Trader should have to think it as real business and deal it accordingly.

New trader should ever think about trading without demo practicing. Lot of trader are losing money because they don’t know about the market. Some don’t even familiar with the platform.

Yeah forex can be a part time business. Student can also trade in the forex market. Scalping is most popular trading strategy among part timer.

Broker is an essential factor in forex trading. Good broker can take you one step closer to success. However, bad or scam broker can steal your money.