1st of all, traders need to select their trading leverage according to their strategy’s requirement! Depending on high trading leverage facility is always costly! In addition, novice traders should follow defensive way of trading, that’s way low ...

What leverage is best for a newbie?

I think, till now you have to work with your emotions and greed! By the way, trading with a healthy trading equity is not everything! In addition, you can’t invest all of your money in a single trade, try to make a flexible trading skill thus you ...

Going all in on a trade

There is nothing like impossible for a good skilled Forex trader, I know so many pro traders personally, they are leading their life by luxurious life style although they started their trading very ordinarily; that’s the power of Forex business! By ...

20% per month. Is this possible?

Personally, I know many pro traders but they are very silent! They don’t like to talk about their trading strategy and their feedback! But, it’s sure, they earn really massive! Till now I am learning and updating my trading skill, and last monthly ...

How many pips does a "successful" trader collect weekly?

1st of all, you need to select demo friendly Forex brokers, who are offering unlimited demo service not for specific few months! Then you should consider their educational features and programs! Because, now it’s time to improve your Forex ...

broker for newbie

By the way, please don’t start your learning process with an initial money earning target! Forex isn’t any easy way of money making! In addition, don’t set any specific period of time for demo; spend your time in demo until you get a good result! Of ...

New in Forex- Where to start?

Yes, you are right! Now this indicator is available freely! By the way, I used their paid version, and no good result, no specific entry and exit point! Whatever in order to my personal experience moving average is the only one useful technical ...

PW trend indicator ~50 pips every day!

Yes, I use both of them (stop loss and trailing stop)! Stop loss is my 1st choice, and when I get enough number of pips in a single trade then I use trailing stop trading tool! Actually, I don’t want to close my running trades too early, here I also ...

Trading without a stop loss!

Please, don’t invest more but you need to improve your trading skill for better earnings! 1st of all, you have to understand your strong point, such as if you have good knowledge on technical analysis, then spend more time on technical analysis then ...

how do I maximize my profit and minimize loss?

Major Fx trading pairs are appropriate for the beginners! I opened my demo account with only EUR/USD and USD/JPY! But right now I am active on CFDs, Indices and Metals! In addition, till now I am working on 3 more trading instruments to add in my ...

Which Pair to trade for a beginner

I am not sure about trading EA, but you can use copy or PAMM trading service! But, to be honest automatic trading services are not any reliable way of money making! All of pro traders handle their live trading account manually! Here, more than 90% ...

Accurate above 80%?

For me only EUR/USD trading pair is the best, actually I can’t focus on multiple trading pairs in my trading! And I see, depending on only one trading pair is much workable! Now I can use almost all of trading opportunities of EUR/USD trading pair! ...

The best Pairs to Trade?

I seem, education friendly Forex brokers would be useful for novice traders! In other words, novice traders should consider a fresh demo trading environment, they need to start their demo with a small demo account; so select flexible brokers who are ...

broker for newbie

I must say, it’s not impossible; I started my trading career very simply as like others new trader! In addition, right now I am making consistent money, yes I am not earning handsome money but I am happy on my output! Yes, there have more than ...

Trading forex profitable is impossible!

Best of luck buddy, I have already overcome my struggling sessions of trading and I can handle my live trading account so smoothly! Right now I am trading with 68% monthly accuracy! In addition, my money management as well as risk management ...

Trading is hard, but I like it

Right now I am bearish on USD/JPY! Here I have a sell trade position that I opened on 111.65 level with 36 pips SL and I have selected 105.40 level as my TP! It’s my intraday market observation on USD/JPY! On the other hand, till now I am not sure ...

UsdJpy, EurJpy, GbpJpy Trading Discussion

Right now, I am bullish here! I opened a buy trade at 1.06173 with 30 pips SL and 190 pips TP! Yes, right now I have 116 green pips here till now I am waiting for my TP! According to my long term observation, it’s a good chance for the buyers! Even ...

EURUSD View

It’s your trading personality, I am not going to comment on it! If you are profitable end of the month, that means you are on the right way! You mentioned here 50% trading accuracy with double profit ratio, sounds good! Hope, you’ll get more ...

5 years and still no strategy

Naturally, all of novice traders start their trading with zero level! In addition, Forex trading is a knowledge based business! So, which new traders try to make real money by live trading before acquiring enough knowledge, they may suffer in their ...

Top Reasons Why Most Beginner Traders Fail

Not only One-Two-Three pattern, you can’t follow any of candle pattern here blindly! Pattern based Forex traders make limited profit here and they need to wait for a long-long session for a perfect trading setup! Pro Forex traders work with market ...

Why not 123 strategy? What are Advantages and Disadvantages!