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Nowadays, forex has become a more popular market in the world due to COVID-19. People become more reliable in forex trading than in other normal jobs. Many people come to the forex market after leaving their job for financial independence. I also prefer forex trading. I am a professional trader...

It is true that new traders struggle in trading most of the time. New traders have to spend more time learning to trade. If they don’t have any mentors, it is very hard to adapt at the first time. However, there are a lot of sources and guide online from where traders can learn to trade easily...

It is true that new traders often lose money even blow their accounts several times. So, new traders should start trading safely. Demo trading is the best way to start trading. It is a risk-free account. Almost all brokers like Eurotrader offer it to their traders. In a demo account, traders can...

People are joining the trading market daily. Trading activities also increase in 2020 due to COVID-19. However, new traders often lose money in the market. To make a consistent profit, traders need proper knowledge and strategy. It is also easy to acquire. There are a lot of sites where traders...

Scalping is one of the most popular trading strategies in the forex market. Especially new traders prefer this kind of trading strategy. It is easy to adopt and gives quick profit. Traders use a low time frame and hold the position for a couple of minutes to take profits. Traders also need low...

Scalping is a short-term trading strategy in forex trading. There are a lot of trading strategies in the market. It is one of the most popular trading strategies in the market. For scalping, the trader needs low spreads. Otherwise, it will not be a profitable trading strategy. That why I...

Forex is a currency market. Currency in the market comes in pairs. Traders trade to earn money. There are a lot of pairs to trade. Choosing the right one for them is quite difficult. I recommend new traders should start with major pairs. They are more volatile than others. The broker also...

New traders in the market often ignore strategy and try to trade blindly. So, there is no success in this way. Traders have to make a proper strategy in order to make a consistent profit. There are many trading strategies in the markets for novice traders like scalping, day trading, breakout...

Traders need a broker to trade in the forex market. Broker offer different types of account to trade. Every account had a different feature. So, traders should select accounts wisely. I recommend new traders should start trading with a micro account. It requires a low deposit to start and offers...

Traders need a trading strategy to make a consistent profit in the market. Otherwise, it will be a gambling place where can only give you short-term success but in long run, you lose everything. There are a lot of trading strategies in the market. The trader should choose a strategy according to...

Stop Loss is a feature provided by brokers to limit losses in volatile markets if the price move in the opposite direction. It helps traders to reduce loss. The trader also uses this order as a risk management strategy. Brokers often fail to execute the SL order due to slippage. Slippage is...

Forex trading plans are a piece of information about traders' trading styles like open trade price levels, technical and fundamental indicators, trader goals, and plans for the right time to close the trade, and many more. Every trader needs a profitable trading plan and stick with it under any...

Forex indicators give a visual representation of how prices have moved in the past and predict future prices. Almost all traders use indicators to analyze the market. There are various indicators that can help the trader in different purposes. I learned all about indicators from Eurotrader free...

Success in forex trading is hard but not impossible to do. So, don’t be afraid to succeed. It may be easier than you think. Traders need a proper understanding of the market in order to be successful. So, first, learn the way of trading and practice in a demo account until you fully master the...

Forex is one of the best-trading markets in the world. It is a currency exchange market. But people can trade in the market to make a profit. Many traders choose the forex market for their living. Covid-19 lockdown also increases forex trading activities. People have become more interested in...

The broker is an essential aspect of trading. Without a broker, none can trade in the forex market. There are a lot of brokers but not all of them are good. Always choose the broker carefully otherwise you will be a victim of a scam. I always suggest traders choose regulated broker to avoid scam...

Forex market is known as the largest online trading all over the world. It is biggest than the American share market. People from all over the world perform in this market. But every year thousands of traders have to quit this great market due to scam brokers. It’s a disgrace of the market. When...

Unfortunately that’s true somehow. Most of the trader in forex market ends up losing all his account on multiple occasions. There are many reasons for that. Lack of knowledge, patients, selection of wrong broker, trading without proper trade plan, money management are some of those key reasons...

Indicator might help you make strategy or guess market movement, but please do not depend on it completely as those are actually one kind of robot. First you need to gather fundamental knowledge. You can start with scalping trading or simple support resistant breakout trading as starter. If you...

The broker offers many types of accounts in the forex market. These may contain small accounts with low minimum balances designed for novice traders, or highly featured accounts designed for active traders. Therefore, you need to find the right account type for your strategy and investment. My...