GBP/JPY is known as the “beast” due to the high volatility. This may be the reason it is known as widowmaker.

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It is difficult to make consistent profits. But making consistent efforts and developing skills and gaining experience definitely lead to success.

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For understanding the forex market, you need to be observant. Keep yourself updated with important events and analyse whether the event is affecting the market or not. If yes, how and why need to be searched for. You can also read “Forex Fundamental ...

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I recently read “naked Forex” by Alex Nekritin and Walter Peters. This book teaches a different way of trading without using technical indicators.

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I liked “Order Flow Trading for Fun and Profit” by Daemon Goldsmith. You can also prefer reading it. Order flow has been explained in-depth.

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I do not prefer using forex signals channels and most of them are scams and it is very difficult to find a genuine one.

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Emotions of any kind: positive or negative can influence trades. It is important for traders to have neutral emotions while trading.

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I prefer listening to calm music while trading to keep myself mindful.

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Certainly, your habits differentiate you from the rest of the traders. This means that you have to make your own choices while in the market. You can ask your friend to share their strategy with you but whether it works or not, depends on how well ...

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I’d prefer to use leverage over taking loans from banks.

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No, I don't think it will be any good when drunk. Conversely it might burn a hole in your pocket and you won’t be aware of it.

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Mindset is very important for having controlled psychology.

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Looks like you have been depending on indicators and EAs way too much. I am not saying that they don’t work great but you need to know how to use them. Instead of just focusing on the results, focus on the way you are taking. Your trading results ...

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Experience teaches you all. You won’t find everything in your books. You will have to wet your feet in the market to know how exactly it moves, what strategies work for you, how leverage works, etc. Don’t be afraid of making mistakes but don’t also ...

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