Without trading education, making profit not possible. One needs very deep understanding of the market. Most newbies make the mistake of not focusing on learning. They focus on earning without learning. And lose the money on continuous basis.

Forex Education

To make profit you require an expert mentality and aptitudes. Without abilities steady profit isn't conceivable. Most traders overlook this basic thing. They keep running for procedure without making themselves proficient.

reasons why traders lose

Learn before you invest your money in forex market. Forex trading requires specific knowledge and skills. You can not make money just by coming into the market. Another advice is choose your broker wisely.

Good places to start for trading knowledge

No one has ever got success in trading by borrowing strategy. A strategy becomes successful when it is well tuned with you trading personality and emotions. Trading is not an easy task to do You have to do a lot of research and experiment to find a ...

Trading strategy for me

There is a misperception that for success in forex you need big capital. But only big capital can't save you. Big capital is good when you are skilled enough. Otherwise No matter how big your capital is you would lose all the money. So in learning ...

How do you newbies not lose your motivation?

Yes. If it were easy, everyone would make money by doing trading. Online trading is designed in a way so that only highly skilled people and institute can make money.

Is trading really that hard?

Placing stop loss is one of the difficult tasks in trading. So many things to consider. Your trading style, risk tolerance capability and good knowledge about support and resistance levels are important to place a stop loss.

help me on stop loss!

To make a good trading plan we need to know our strength and weakness. A trading plan should be based on strength. Most people ignore their weakness and try to trade in all kind of situation. It's not good.

Rules of Successful trader

Placing stop loss is one of the difficult tasks in trading. So many things to consider. Your trading style, risk tolerance capability and good knowledge about support and resistance levels are important to place a stop loss.

help me on stop loss!

Yes demo is very important for both newbie and experienced traders. Without testing your strategy in demo it's not wise to use it in live trading as you don't know how the strategy works.

who participates in forex?

Losing money is very normal in forex trading. It's about how a trader manage his loss. It's not possible to be 100% right all the time. We need good risk reward and winning ratio to do well in trading.

To Succeed is to Lose?

Yes I also think so. Calculation in terms of pips is good. By this we can know our capabilities of making pips. With big lot sometimes one can get a good amount but that doesn't say he has increased his earning capabilities.

Pips or Profit?

I agree with you. I have seen many traders doing this. They can't control their greed. They want to make quick money with big lot and many opening positions but end up losing the money.

risk per trade?

Trading is easy only if you have good knowledge, skills and mental capabilities. It's designed in a way so that not everyone can make money. Most people want to make money here with least knowledge and skills.

Trading is easy. Only for these investors

Yes demo is important. We can't test a strategy on live account to know how the strategy works unless have enough money to loss. It's the demo where we should test any strategy first. If it gives good results in demo we can try on live.

Demo vs Live Account

Many are making good amount of money by trading but the numbers are unknown. Usually most successful traders do not tell their story in public and which is logical.

Has anyone become wealthy from forex?

To improve patience we need to be realistic. When it comes to forex trading, people become illogical. They want multiply 100$ in a day. Market moves all the time doesn't means all the pips are yours. Be realistic and treat it like a normal business.

how do you improve patience

I do not think there is any EA that works for long. It works for few days because EA is made of different strategies. It needs constant modify to work for long. EA could be very good for trading if you can make it of your own with your own strategy. ...

EA beginner help

Self learning is the best way to enrich yourself. There are different types of trading style. First discover which one is good for you. Invest your time and labour. Read different books on forex trading. You will know by yourself what you need.

Forex Education

It is possible to be benefitted from losses if we can it as a lesson. Every loss is a lesson. Traders use journal to keep track of their past trading mistake so that they can learn from their mistakes. Learning from mistakes is the best learning.

why forex is so risky?