I would also add - trade a lot. Trade as often and as much as you can, on a demo account if you're a newbie. The more you trade, the more you learn.

Trading Tips

I don't entirely agree. Yes, technical analysis is both important and very useful, but there are plenty of big fundamental events with a big effect on the markets.

What strategy to use?

Second century? What do you mean?

How did you find success?

That's a great song for any time of the day, even when one is not trading.

What kind of music you hear while you trade?

I don't know but have they ever made sense?

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

The IRS is looking for contractors who will facilitate the taxing of cryptocurrency profits in the United States of America. The agency is looking for such outside services so that they will calculate people’s profits and losses from digital ...

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

True. It really matters whether you're a stay at home parent or someone with a nine to five job.

Rules of Successful trader

I agree. The unfortunate truth is, it's not very reliable even for people who have traded for years.

Is Forex reliable?

Letting one's emotions get the better of them during trading only leads to losses, I agree.

Is demo a step before real trading?

One can become complacent if they trade on a demo for too long though. I think one absolutely should take their time, but the cautious move to a live account has to be made at some point.

Demo vs Live Account

I agree. Forex is a marathon, not a sprint. Learning how to make a profit takes a considerable amount of time and effort.

Beginner Questions

If one can profit 10% every single month that is a pretty good result indeed. Most traders struggle to profit even a fraction of that.

In FOREX, is 10% return per month good enough?

That's the next best thing after a demo account - a tiny live account for practice purpose only. One can't profit much but one can't lose much either that way.

Practice

Do any newbies actually do that? Starting a live account to see where it goes?

Is demo a step before real trading?

I agree. That is the biggest factor, regardless of one's prior education.

What kind of Degree for Forex?

One needs to keep such emotions in check if they wish to learn to trade well.

Practice

Trading with other people's money when one is not fully confident in their abilities is even worse than trading with your own.

Is demo a step before real trading?

You don't need to know what? I don't follow.

Trading Emotions

That is why it is so important to take demo trading seriously and not play around.

Practice