Successful trading is a combination of everything. Money management, risk management, psychology, poor analysis. You need all these to get success. A person can fail with a good strategy because of poor money management and emotions.

Why do 95% of traders lose?

Lol! Yeah it's been 13 years. With that speed he should be a financial Mogul like Warren Buffett. Some think being right in few trades make them a great trader.

i doubled 5k to 10k in a days

A strategy becomes good when it tunes with the person's instincts and self understanding of the market. You can get a strategy from a person but you can't get the instincts of that person. So you have to make your strategy according to your ...

Is there a profitable strategy that works 80% of the time?

Yes you are right. Learning how to make profit in the market is the first step. Most traders invest real money just by knowing how to open and close a trade on MT4. Don't invest real money before learning the art of trading.

Complete Newbie to Forex

There is nothing like specific best indicator. It's what a trader understand the most. To understand an indicator you need to know why it uses specific period, shift, deviation etc. So you need to understand the parameters of an indicator to learn ...

Which is the BEST indicator and why

Yes consistency is the key to be a successful traders. It doesn't matter what ways a trader is following, as long as he is making money over the years. Some random big profits doesn't make a person successful trader.

Consistency

I think it depends on in which country you live. Every country has different tax law. You better consult with someone in your country. Or here mention your country so that traders from your country can answer you.

I plan to quit forex!

Yes, knowledge and skills are the key to be profitable in the forex market. Most people do not follow any risk management policy. They just want to be rich but not willing to read and learn.

New To Forex and Need Advice!

Forex is reliable only if you can make profit here. Many people are making money here. Whether you will be able to make money or not, it will depend on your skills and mental abilities.

Is Forex reliable?

During trading I also listen music. But for that I don't have any specific types of music. I listen whatever songs I like to listen in that particular day. Basically I listen all types of music during trading .

What kind of music you hear while you trade?

Wow that's impressive that even after losing 300K you keep trying. By the way thanks for telling us your valuable observation about trading. Will look forward to hearing more from you in the future.

What I learned after losing $300,000 trading forex