I agree. And I'd add self-awareness as well.

Attitudes a Forex Trader needs (part 1)

Yes, usually those beginners lose the money in seconds instead.

What helped you the most to be profitable?

True. Usually people wanting easy money in this industry end up losing money though.

Trading Knowledge

I, personally, would rate the strategy a little higher because you can accumulate funds if you are patient and your strategy is sound.

What helped you the most to be profitable?

The leverage restrictions and other regulations adopted in the summer of 2018 saved UK forex and CFDs traders annually some 451 million pounds, latest Sector Views annual report of the British Financial Conduct Authority (FCA), reveals. According to ...

FCA imposes bonus ban and leverage cap for CFDs

I suggest researching currency correlation more if you're interested in that trading approach, plenty has been written on the matter.

Can you really make money from trading?

It depends on the trader providing the signals. You can either luck out and happen upon a skillful one or... you don't. And that hurts.

What helped you the most to be profitable?

You've certainly gotten the gist of it! I wish you success with the actual trading!

How much do you risk per trade?

I agree. Demo trading is useful, but to a point. If you don't take it seriously it can do more harm than good.

Is demo a step before real trading?

I don't really believe in such a thing as there being an indicator that is the best for everyone universally. Different indicators are most useful for different strategies that are most useful to different people. So it is all very subjective.

Which is the BEST indicator and why

I completely agree with you about that!

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

According to the US Treasury Secretary Steven Mnuchin new regulations for cryptocurrencies will be put in place through the Financial Crimes Enforcement Network which itself is subordinated to the Treasury Department. In a speech before the Senate ...

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

I, personally, use it every week to see what are the big impact events during the next few days.

My trading is bad trading

Usually that is what leads to revenge trading and additional losses, unfortunately.

reasons why traders lose

I agree. Having a stable psyche is just as important as striving to gain knowledge and experience.

Why do 95% of traders lose?

I agree. I think one should learn to trade manually on their own before they begin to rely on signals or EAs.

Trading Knowledge

I think fear is actually another strong factor. People make mistakes and mess up good strategies out of fear.

reasons why traders lose

For how long did you trade on a demo account?

Is demo a step before real trading?

Recently Germany updated its law to allow banks to offer crypto custody services if they hold the appropriate license from the German financial regulator BaFIN, and as a result of this forty German banks have applied for such a license. The law in ...

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

It's true, unfortunately. Sometimes I feel like I was lot more confident as a newbie because back then I was not aware how much I didn't know.

What helped you the most to be profitable?