Trading without a plan can cause a lot of losses. Plans are an important part of trading. And if one trades without this important part, it is never possible for him to survive in trading. Where to give stop loss, where to open a trade, how to ...

Trading plan template

Profit cannot be made with fundamental analysis alone. If you want to make a profit in trading, you need to combine technical analysis with fundamentals. As a trader, I always trade with a combination of fundamental and technical analysis.

Fundamental Analysis

If you want to make a profit, you must first learn about trading. If you don't learn and trade, you can never make a profit. Risk rewards and money management must be maintained. You have to believe in your analysis. Never be traded emotionally.

Things a trader should never do

Trading is not a casino. Profit is possible in trading with proper knowledge. If a trader trades it as a casino, he will never succeed in trading. People usually gamble in casinos. But trading is not a gamble. It is possible to trade with a 95% ...

Trading like a Casino

I love this forum. In my opinion, it is wise to earn 10% per month of investment. Risk rewards must be maintained if greed is to be controlled. You can set a target of earning 200 pips per month. And you can trade for 1 cent for every 100 dollars.

Greed and how many pips is enough?

There will be losses in trading, but if you reject the market with these losses, you will never succeed. Every trader should learn from mistakes. If one learns from mistakes and moves forward, he will one day succeed in trading.

Things a trader should never do

It would not have been possible to trade without economic news. The movement in the market is good due to the effect of the news. If a trader has no idea about the fundamentals, he will never be able to make a profit. If trading can be done by ...

Fundamental analysis

The lower the leverage for the new trader, the better. Leverage protects the account from overtrades. Less leverage should be used. I suggest new traders use 1: 500 leverage. Because new traders want to profit much faster, they should use less ...

What leverage is best for a newbie?

It is never possible to trade with emotions. A person who trades with emotions will never be able to become a profitable trader. New traders usually do emotional trading. I have observed traders who have not been successful even after trading for a ...

How to Become Emotionless

If you spend less time trading then you need to analyze a daily or 4 hours timeframe. Trading in the daily timeframe can get rid of many losses. And since you are trading part-time, you must look at the daily time frame and trade. And you have to ...

Part Time Trader

Leverage helps a lot in trading profits. The lower the leverage, the better. If you follow money management with low leverage then you can achieve success in trading. I think 1: 500 leverage should be used.

How does leverage work?

There are ways to learn trading but in my opinion, you can never profit from trading if you don't use proper knowledge no matter where you learn trading from. Trading education requires a lot of practice. It is best to go to a mentor. Many things ...

Best deep learning school/mentor/method

Forex trading is a very risky business. So trading from not being secure can cause a lot of problems. In my opinion, the 1-minute time frame is very risky for trading. When the price moves in the market, in most cases there is a possibility of hit ...

Hedging strategy on 1 minute chart

It is difficult to make a profit if the trading preparation is not good. There are many steps in trading preparation, such as how to analyze before the trade, where to set the stop loss, and how to manage the trade after trading. Good trades can ...

Do you record your trades?

Never make a profit in trading if you don't believe in yourself. Greed often leads to loss in trading. Greed must be controlled. If the investment is low, there is a possibility of loss. If you don't manage the risk, you may lose. There are many ...

reasons why traders lose

I open the trade when the price is at a very impressive momentum and when I see that the price has become volatile and I don't understand any specific trend, I close my trade. A lot of the time I see support or resistance in trade close. But in most ...

what kind of position managment do you have?

I usually support day trading. Day trading seems safe to me from scalping. Because day trading takes a lot of time. The higher the time frame in trading, the better.

Looking for threads on scalping/day trading

Emotions don't usually work in demo trading. This is why it is often seen that many traders make a profit in demo trading but are not able to make a profit in real trading. But in my opinion, you should do demo trading. When your knowledge about ...

I've never blown up an account, demo or real....

If you want to do technical analysis, I suggest a book that will help you a lot in doing technical analysis. The name of that book is Technical Analysis Explained. Its author is Martin j. pring. And you can learn a lot from online if you want Google ...

Forex Education

There are 4 types of sessions in the Forex market namely Sydney Session / Tokyo Session / London Session / New Work Session. Out of these 4 types of sessions, London Session is the perfect time to trade. In my opinion, it is a perfect time to trade ...

Best & worst times to trade