I agree about starting with majors but EUR/USD, I think, is not that suitable among the majors. It's too volatile. USD/CAD is better, in my opinion.

best pair to trade on forex market

Actually, the people who lose money are about 63% percent - at least that is according to official statistics released by the Australian financial regulator ASIC. They also stated that people often lose money due to shady broker practices.

Why do we still lose?

True. If your broker is a scammer you'll lose money, regardless of how much you know about trading.

How did you find success?

Learning that takes a lot of time and effort though, so one should be prepared for that.

I blew my account today!

Sometimes even with a lot of time and patience it doesn't work out, unfortunately.

How did you find success?

I still click just one time, are you sure your mouse is working properly?

Information For Beginners

Don't one-hit wonders lose their money afterward?

i doubled 5k to 10k in a days

True, thank you for the advice!

Trading Emotions

That depends on where you are. If you are somewhere in the EU keep in mind leverage above 1:30 has been banned. Any local broker offering such leverage is doing so against regulation and is likely a scammer.

Any 1000:1 broker, NOT a scam?

I don't have the knowledge to do something like that, but it does sound very useful!

Trading Emotions

I'm curious to know too.

Is Forex reliable?

True. Trading is a marathon, not a sprint. The earlier a trader understands this, the better.

Why do I trade Forex

What leverage would you recommend then?

What leverage is best for a newbie?

Me too, unfortunately. I hope you're doing better now?

Beginner Questions

German banks themselves may start trading cryptos soon too, if they haven't already, in case that helps. Germany is passing laws about that.

Banks Clearing Crypto Trades (Not CFD's)

For how long have you been trading?

How did you find success?

I agree. Good money and risk management practices are vital if one wishes to succeed in this industry.

New To Forex and Need Advice!

I just read a book. In hindsight, it wasn't enough.

How did you find success?

That is a great way of putting it - make not just the right decision, but pick the right time too.

Beginner Questions

Hahahaha, okay, that is certainly one approach!

Why do 95% of traders lose?