True. Personally I am curious whether there are any successful traders who do it without a plan.

Rules of Successful trader

How do you usually place your stop loss?

Do you use stoploss?

It is. What kind of strategy do you usually use?

Top 10 things....

I completely agree. I have long thought GBP/JPY is better for newbies that EUR/USD.

FX pair differences?

True. Thankfully, there are plenty of ready made strategies for new traders who can't make their own still.

5 ways to trade forex

I learned that pretty early as a newbie. I prefer to trade on my own now, I don't copy anyone else.

Forex Education

So Ripple reported record profits this year, despite the lawsuits. I wonder what the results next year will be, once the lawsuits really kicked in, because they were filed at the very end of 2020.

The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero

It can be quite useful as long as it is used properly. But if it's not it turns into a double-edged sword.

Do you use stoploss?

True. That's why it's so important to learn as much as possible about them before investing.

Best High Risk trading in Forex?

That's true, but we should never underestimate the role scammers play in traders' losses.

reasons why traders lose

If you do follow or if you do not follow money management?

Starting small

It's largely due to the Christmas and New Year Holidays.

bad months for forex

A lot of companies deliberately create that illusion for newbie traders, unfortunately.

Best High Risk trading in Forex?

True. It's a very poor idea to allow emotions to influence trading decisions.

reasons why traders lose

True. Don't engage in revenge trading, that will just make the situation worse.

Best High Risk trading in Forex?

You need either an existing EA or to make one from scratch which is not at all easy.

I have a question. I'm a newbie

That is true and it does happen a lot. But I think we should never underestimate what a detrimental effect unethical advertising by brokers has on the newbie traders.

95% failure rate?

It's generally good to have some sort of weekly or monthly target, but that target should not be chased at all cost.

How many pips is reasonable per day for a day trader

Proper risk management strategies usually do involve low leverage. Or at least not high leverage.

Best High Risk trading in Forex?