Stop Loss should be used for safe trading analysis. If you trade with stop loss, the chances of the account becoming zero are less. Beginner traders should use Stop Loss at all times. Institutional traders use stop loss to maintain risk rewards. All ...

Do you use stoploss?

It is never possible to trade without a broker. The broker allows retail and institutional traders to trade. It is never possible to open a trade without a broker. Brokers offer many benefits to traders.

Is it possible to trade the forex market without a broker?

Positive mindsets play a very important role in trading. If you have consistently lost, you need to work out a plan to avoid that loss. It is not possible to make a consistent profit if you do not work by maintaining discipline. Risk rewards and ...

Why you still lose

First, you have to learn trading then you have to open a real account and join the trading world. The second thing is to control emotions. The third is to maintain risk-reward and money management. The fourth thing is to trade according to the plan. ...

Things a trader should never do

Greed destroys the trading career. Many traders lose their investment due to excessive greed. Trading with long time targets can save you from losses. I target 2000 pips a year. According to Money Management, we can take trading up to this target.

Greed and how many pips is enough?

Trading is not a casino. Here it is possible to set stop loss and profit level. If you want to earn 2% per month, then trading is possible. If you work according to the plan, the chances of loss are less. If a trader works according to the rules, ...

Trading like a Casino

New traders need a lot of support. New traders need a lot of help on how to select a broker, how to analyze, how to manage risk. Newbie traders are ignorant about trading when they join trading. And to turn this ignorance into experience, a lot of ...

A newbie in search of Support

It is never possible to get rich quick in Forex trading. And if one tries to get rich quick, he will lose his valuable investment. Forex trading requires discipline. If a trader trades without maintaining discipline, he will never be able to succeed ...

Can you get rich quickly from forex trading?

Choosing a broker is very important in trading. It is not possible to get a good reward in trading without the proper support of the broker. As a trader, I always tell everyone to choose a good broker.

Introducing broker

Emotions don't usually work in demo trading. The demo is good to practice but it is better if you do live trading. Emotions work well when trading live. It is much better if you open a cent account and trade. Money management and risk management can ...

Demo vs Live Account

This is true of 95% of people losers and 5% of people profitable in trading. But 95% of people have a reason to be a loser. They never focus on learning but focus on earning money. First, you have to learn then you have to focus on making a profit ...

95% traders go broke, only 5% survive

How long you will be profitable depends on your knowledge. However, it may take a minimum of 3 years to acquire knowledge. You can read different types of Forex-related books. There are many types of online trading articles that can help you gain ...

How many years to become profitable?

If you want to trade, you have to give up emotions first. You can never make a profit in trading without giving up emotion. Beginner traders tend to be more emotional. If you want to give up emotions, you have to maintain discipline first. If we go ...

How to Become Emotionless

It is very important for new traders to choose a broker. If the broker is not good, it is not possible to make a profit by trading. Every trader needs to have a good broker. If the broker's spread is not good, it is not possible to earn more money ...

broker for newbie

It is very important to believe in your analysis in trading. It is not possible to be successful in trading without proper money management and risk management. To be successful in trading you need to use a 1: 2 risk-reward. And a maximum risk of 2% ...

reasons why traders lose

It is never possible to make a 100% profit in trading. Need to take some losses. However, if some profit is targeted monthly, then the calculation is possible. In this case, money management and risk management strategy should be used properly. And ...

Profit Calculation

The lower the leverage in Forex trading, the better. Leverage protects the trading account. In my opinion 1: 500 leverage is much better for new traders. Because it will help keep their account secure.

What leverage is best for a newbie?

If you maintain proper discipline in trading then it is possible to earn a lot of money from Forex. Many have found success in their lives by trading. Risk Rewards, Money Management, Trade Management, Trading Plan, Good Analysis If a trader manages ...

Is it possible to earn money from trade?

The first thing I want to discuss is that you have to learn to trade. The more you practice trading, the more knowledge you will develop. Demo trading must be done for a minimum of one year. There are many disciplines in trading and this discipline ...

Got advice for a rookie?

Greed Forex destroys the future. Greed never leads to success in trading. If you can manage risk without greed then success in trading is very close. Greed is a part of the emotion. An emotional trader can never consistently profit.

Forex, Greed, and Risk