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Trading forex can be risky and it is important to approach it with caution. Over-trading, or trading too frequently, can lead to emotional and financial stress. It is important to have a well-defined trading plan and to stick to it, as well as to manage risk properly.

When choosing a forex broker regulation, trading conditions, and commission is important to look at. As this can directly impact your trading.

I mostly prefer investing.com or dailyfx for current trading news.

I learned a lot of new techniques and chart patterns. Also, this forum provides traders to communicate with other traders and learn from their experiences as well.

Indicators, chart patterns, and the study of daily market trends are also important apart from theoretical knowledge. On the other hand practice on a demo account is also necessary.

Indeed! For that, a trader should practice trading on a demo account to boost their trading skills and understanding.

I will surely keep this thing in mind :)

True that! By following and studying the market daily they can keep themselves updated.

Use a demo account to test out your trading strategy before executing it live.

Self-understanding of trading is very important when talking about trade. Without understanding, you will not be able to trade well.

It depends on an individual trader how long he/ she wants to use it. Once a trader is confident enough and learns each perspective of trading then he/she can switch to a live account. But there is no specific fixed time for how long a demo account should be used.

I'm still learning as I'm new to trading. I learn by trading on a demo account, forex community, and by reading books.

For being a good trader, a trader needs to be patient, disciplined, and consistent in studying the market.

This is something I'll definitely keep in mind as I trade and study the market.

I'm new to trading and will soon start trading on a demo account to improve my skills. Any suggestions from you traders would be appreciated:)