Do you have any concrete advice how to do that?

Rules of Successful trader

How successful is it when one trades in that manner though?

Is Forex reliable?

Frankly, do such strategies even exist?

80-85% net winning percent. Should I move on demo?

I agree. Investing a big sum right away is a bad, bad idea.

Forex Basics

It's highly profitable for a small percentage of people. The majority of people do lose money, according to official regulator statistics. Out of the rest, I doubt everyone makes big profits.

Is forex the best investment?

True, most people who take up trading are self-taught, I think.

How to learn fundamental analysis

A good trading plan also doesn't hurt, I think.

Rules of Successful trader

The biggest obstacle, in my opinion, is inexperience and ignorance, which cause those negative emotions.

reasons why traders lose

Personally, I think if one is not very well-educated and experienced they should not invest in this industry.

Is forex the best investment?

In a small range the direction changes very often and with little signal that it will do so. They are unpredictable and that makes them risky to trade.

Why are small ranges risky to trade?

Very much so. Without them one may as well be gambling instead of trading.

Good resources on Risk Management

An e-commerce platform, Origin Protocol, has reported a hack which has resulted in around $7 million. Out of these funds, $1 million belonged to Origin founders and staff. The attack was announced in a post, where Origin founder Matthew Liu outlined ...

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

Don't people usually record their trades in a journal?

Do you record your trades?

Which other majors do you prefer trading and why?

Easiest Pair To Trade

Ouch. That is a very accurate if painful description.

for the working people

That's true. The unknown is always the scariest thing.

Overcoming fear in forex trading, advice needed.

What risk management techniques and approaches would you recommend?

Good resources on Risk Management

I am partial to USD/CAD especially, even though I am far from a newbie at this point. It's an easy to understand pair.

Currency pairs to start with as a beginner?

While that is often true, that is not the only reason why people lose money. Sometimes - often even, if regulator data can be trusted, people lose money due to various shady broker practices, even when the brokers are regulated. It is a very big ...

Why do Newbies Lose?

Personally, I found USD/CAD to be easier than EUR/USD, which is pretty volatile, but to each their own.

Easiest Pair To Trade