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Since you are just beginning, make sure to only focus on learning and understanding the market as of now. It’s easy to become profitable if you are knowledgeable.

Honestly, I don’t. There is literally nothing that a mentor can teach you and you won’t find on Google. Just do some research and you will find everything.

Hi everyone! I hope this New Year gets you more profits than previous years. Keep up the good work.

I like Turnkeyforex. They do charge commissions but it’s only $1per lot and the average spread on their platform is also 0.2 pips.

A well-built trading strategy can help you sail through the market like a pro. But make sure that you use an amount that you can afford to lose just in case the strategy fails to work properly.

It’s not easy to decide how much you want to risk per trade and when you find it out, you take a step forward in your career.

That depends on how much money is enough for you to make a living. And as a beginner, it isn’t easy to make money because the market is full of risk, and the trading journey isn’t a cakewalk. You need to take slow steps. A demo trading account is a good place to get started.

I find Japanese candlestick charting techniques -Steve Nison very helpful.

That’s true! Scammers are everywhere, from forex forums to telegram and other social media platforms. And they look so genuine nowadays that it is difficult to avoid them. However, as a trader, you should be smart enough before putting your money in courses, signals, or brokers. Be sceptical...

EAs have many benefits. Traders can use them to open and close trades automatically and with better execution. They can run for 24 hours. Trading decisions taken by EAs are not driven by emotions. They are also helpful when traders want to learn new trading strategies. However, their thought...

My reason for trading forex is that it makes a great way of making additional income. Since I can build my plan in accordance with my availability, I think it’s a great opportunity for making a passive income.

Never enter the market without a trading plan. Even before you enter the market, you must know when you will exit the market.

Trading is my forever love. It has proven to me that despite low capital you can make a lot. Many people even feel that even if they don’t have a job, trading can be their survival once they are experienced in it.

Books are always helpful but if you do it yourself by trying to understand your psychology it will be more effective. Mastering your mind is a long process. So, make sure you have the patience that it requires.

The most important thing to keep in mind is never taking a step apart from what’s mentioned in your trading plan. You may not know what turn the market will take. But if you keep following your plan, you won’t lose what you didn’t prepare yourself for.

I like to call risk management the art of understanding how much you need to put at risk at a particular time when you trade, what situations you should avoid, and whether or not you should use leverage.

I use Turnkey Forex. Quite satisfied with their trading conditions and customer support is a major plus.

When you have forums like forexforum, why do you want to stay limited to learning from a single trader? Be a self-learner and when any doubt arises, you can post it here to get it answered by different traders.

I won’t like to mention any particular course because there is unlimited forex information on the internet. I suggest searching for topics every time you want to learn something. You can go through the information shared by different websites. This way you will be able to have a clear...

Due to high liquidity, all the major pairs are considered to be safer than other currency pairs. Whatever the size of the account is, liquidity is important for safe trading. So, it is advised to choose major pairs such as EURUSD, USDJPY, and AUDUSD.