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@Barket51 Yes, It is important that a trader should first deserve and then desire. He should learn and gain trading skills before he desires to make profits.

@jaam0110 You can try reading “High Probability Trading Strategies” by Robert C Miner. Good one.

Choosing a trading strategy is a subjective matter. You should pick your trading strategy based on your personality type, level of discipline, risk tolerance, capital available and your schedule.

The most important thing in forex trading is timings. Right timings for entering and exiting the trades are very important. Patience is one factor which allows a trader to stay calm and wait for making the right entry at the right time.

Technical indicators are the basis of technical analysis. Traders should know how to conduct technical analysis while trading for short time-frames. It allows a trader to identify the trend, price levels and figures.

Trade only the amount that you can afford to lose.

For scalping I’d suggest you read “Forex Scalping Trading Strategies” by Thomas Carter. And for swing trading you can read “Day trading and Swing Trading the Currency Market” by Kathy Lien.