Before mastering any system, a trader needs to know various types trading of methods. Then from all those methods, he should pick one that he understands the most. It's a long process. It takes years to get the edge.

How to master a trading system

Trading psychology is the most important thing after trading strategy. Even a good strategy can be invalid if we are not psychologically well equipped. Every trader should focus on this aspects.

Psychology in trading

It's not about how many years we are trading. It's about how quick we learn from our mistakes. Even after trading for long times most traders are not discipline. They can't control their emotions. Most of the time they open trade out of greed or ...

I won nothing after 3 years

You don't need to be correct 100% of the time.If you are correct 50% of the time and have 1:2 risk reward ratio, you will make money here. Problem is we want to be 100% correct and do not want to follow any discipline.

Uncertainty Principle & Forex

Leverage just gives us buying power. It's the skills that need the most to be profitable in scalping. A trader needs to understand the market very well to become successful in scalping.

Scalp

For consistent earning in forex trading, one needs to be skilled and experience. Price always change it's pattern. If you are not skilled enough, you are gonna lose money.

Earning Consistently In Forex

Fear is a part of forex trading. Usually after losing some trades traders become fearful. To overcome the fear we need good knowledge and skills of trading. When we know what we are doing, it becomes logical and fear disappear.

Overcoming fear in forex trading, advice needed.

Success is the combination of few things. A good market analysis and discipline are the most important. Both requires knowledge and skills. Getting discipline in trading is the most difficult part.

Rules of Successful trader

In small range, the space for movement is very little. And price can break either side of the range. It could break upside or downside. That's why trading in small range is risky. Better to wait for breakout.

Why are small ranges risky to trade?

There is no direct answer to it. What you find easy I may not find easier. Personally I find GBPUSD easier. Many like EURUSD, it's about what you understand the most and comfortable with trading.

Easiest Pair To Trade

For beginners, EURUSD, GBPUSD, AUDUSD, USDCAD are good pairs. A newbie should not choose so many pairs to trade. Every pair has it's own unique characteristics. We need to give attention to a pair if we want to know deeply about them.

Currency pairs to start with as a beginner?

People get crazy when it comes to forex trading. 24 hours market is moving doesn't mean it's offering you easy money. Unrealistic expectation leads to bad habit for which a trader suffer a lot.

double or nothing...

Successful trading actually depends on capabilities to find the right entry. If entry is wrong, every time we may be hit by stop loss. But stop loss is a good technique to protect your money, if it can be used properly.

90% of traders lose money! True or False?

Making profit from the market is not a simple task. You have to take in the fundamental abilities and learning. You have know the all sort of markets i.e. uptrend, downtrend or sideways. What's more, for each market we require refine our procedure.

20% per month. Is this possible?

Make yourself capable first for trading. Invest your time for learning. Most traders start to run for different strategies. They ignore the learning process. As a result they drop from the market very soon. Focus on developing skills.

How do you newbies not lose your motivation?

For consistent profit, a trader needs a good strategy of his own and a mind set. A mind that can adjust with the changing market. A mind that can stay away from trading, if market is not giving good set up.

Earning Consistently In Forex

It's true that most traders don't get success in forex. The reason is their trading decisions are not based on sound research and learning. They think forex is a cash machine. You trade and procure immense cash. They don't consider it as a business.

New to Trading and Forex

Discipline is the most basic thing for getting desired success in forex. Among all the successful traders discipline is the common quality they all have. It doesn't have any kind of effect which approach you utilize, you ought to be trained.

My trading is bad trading

High leverage, 24/5 trading opportunity, small time frames make trading very risky. Due to all these facilities people make themselves so engaged in trading. As a result they develop all the bad habits a trader can have.

why forex is so risky?

We should not think or set goals like this. Your goals should be based on your skills. How much return others are getting that's not your concern. If you are able to make 2%, that should be your goals. Our skills and expectation should match.

20% per month. Is this possible?