Search results

I don't think it is important to get paid for forex course when the web has made it simple for us to learn it. Despite the fact that there may be a few preferences if some paid for the forex course yet to I simply don't think it is fundamental. Workshops are the most noticeably bad to go to in...

Yes market is the combination of mass people emotions. The ability to accept loss doesn't come easily. You can do so when you know your strength and weakness. You should know what you are not able to do. Suppose I trade only GBPUSD. Now if i think that other people are making more pips by...

Trading itself is the most risky business in the world. And when you are taking loan to trade, you are actually multiplying your risk. Trading should be done with idle money. Money that you can afford to lose. Yes you can trade with other's money on profit sharing basis. But for that first you...

No one knows how long it takes to get success. It differ from person to person. And even most people never get into it. It Will depend on various factors. If you come to forex by knowing that it's the easiest thing to do, first you have to unlearn yourself. Then we have to relearn everything...

It is the broker through which we can trade online. We deposit our money with the broker. It gives us the trading facilities. These all the reasons we need an appropriate broker. There are many scam brokers on the internet. You have to find a legitimate broker with good facilities.

Yes trading is not a science. It doesn't work like it. It has emotions. That's the reason most people fail in trading. Every time if you combine 2 hydrogen and 1 oxygen, it will be water. No matter how many times you try, every time the result will be the same. Forex is not like that.

Running for EA or Strategies is very bad habit. Using other's EA or Strategies maens you do not have any idea what you are doing. You are depending on others. The problem is this is how forex is introduced to the newbies. If you don't know what you don't know, try to know what you don't know or...

There are many risk factors in forex trading. You can lose all your cash in the blink of an eye. High leverage will bring about considerable losses. There are more factors like interest rates, political events, economic risk and many more. To know all the risk factors you have to consider a...

Don't come to trading, if you are unwilling to learn the art of trading. Learning means not just knowing the use of some mt4 indicators. Don't treat trading as a gambling. Treat it like investment. Never invest big money unless you are making consistent money for a good period of time.

Leverage is very important for retail traders. It increases our buying power. We can trade with inconsequential capital with the help of leverage. The lead is whether you take high leverage by then reducing the hazard % proportionately. In any case, I figure trader should focus on quality...

Trading is an art based on both decision and system. System tells you the current scenario. It's you who have to take the decision. And decisions are affected by your psychology. So basically trading is the combination of many things. We need to make a balance of everything.

Forex is about currency trading. Forex market is the biggest and most liquid financial market on the planet. What's more, the day by day trading volume surpassing $5 trillion. Forex trading enables you to buy and sell currency. Currencies are traded in pair. For trading in the market you need...

A person who wants to be a good trader should not follow signals. It's a very complicated thing. Even if you get a good trader as a signal provider, chances are low that you will make money. A person only can give you signals not his trading psychology. So it is better to stay away from any...

This is for Newbies who are feeling like everything goes wrong. When you feel nothing is working, everything is going wrong. Then there is something wrong with what you have learned or in your implementation of your knowledge. Don't come to live trading unless you have your proven trading...

Success doesn't come easily. First you need to understand what you need to get success in forex trading. You need know that forex is not a get a rich quick scheme. You need specific knowledge and skills. And for that knowledge and skills you need to invest your time and effort. You also need to...

Yes new traders become restless to make money. All day long they try to find out new entry. Even their night is sleepless. But the fact is to make money in trading you need a calm and relaxed mind. When I was new I was also in a hurry to make money. It's because most of the time we are given...

Forex can be easy in case you know the method for trading. Trading is the craft of the business for all people. It's major, yet there are have to learning and honing. We can oversee from beginning the business, similar to the make a strategy in learning. I'm support to each one of you read the...

No amount of money can safe you. There is no such thing as safe amount of money. If you invest millions dollars and you don't have necessary skills. Eventually you would end up losing all the money. And if you have skills and invest only few thousand dollars, you will make milions out of those...

Yes for beginners learning and study is more important than trading. On weekend they can spend by studying books, reading charts or back testing. Other than trading there are many things to do. Forex trading requires specific knowledge and skills. You won't get success until you are skilled. And...

Most new traders take trading very lightly. Actually they have been told in most cases that trading is very easy work. There is profit and profit. Everyone is making money. When price will go high you have to sell and vice versa. They ignore the bitter reality of trading. If they were told that...