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Fortunately never. Ever since I’ve started trading I’ve only used regulated brokers like fxview, pepperstone and icm. So whatever i've lost or gained is only due to my trading strategy and experiences. i would advise all traders to only use regulated brokers so at least the safety of funds is...

Practice on a demo, increase your skills and deepen your knowledge as it takes years to get skilled at Fx. Only the ones who are determined survive. Once, you backtest different strategies, make your way to the live market and prepare for loss. Reduce risk by placing stop loss and make money!

You don’t head on to a journey without knowing where you want to reach. You also don’t start cooking without knowing what the final dish would look like. You also don’t study without knowing what you want to become. The trading plan is meant to help you with your preparations just how other...

Being emotionless is the only way one can master the forex market. Amazing tips.

You mentioned some great tips. I would also like to add a trading plan into the list. It’s important to know your goals, strategies beforehand, only then you can actually achieve them.

Start off by collecting the maximum information about forex trading like what you would need to study, what different strategies are good for, which indicators work the best, and how your reactions to the market movements matter.

Oh, has it? I love to know about people who find forex life-changing.

Yes, I do. Why wouldn’t I? It is a great way of making money and learning the market.

The secret is there is no “secret” in trading. Your strategies are mere edges in the market. There is no shortcut. Be consistent and stay updated with the market regularly to become better at trading.

Forex is a dynamic market. To become a successful forex trader, you need to stay updated with the market and latest trends. Thus, there is no end to learning.

So, you are saying that the rest of the 27/28 days of the month we are just wasting our time. But what is your theory behind this? I don’t think anyone is going to believe in what you are saying.

Trading psychology is all about what you think about trading and what your thoughts make you do in the market. If you are too sad or fearful, you may not want to trade. If you are too happy or excited, you would want to make some good money through trading. If you are angry or frustrated, you...

“Currency Trading For Dummies” by Brian Dolan and Kathleen Brooks, “High Probability Trading Strategies” by Robert C Mine, “The Art of Currency Trading: A Professional's Guide to the Foreign Exchange Market” by Brent Donnelly, “Trading in the Zone: Master the Market with Confidence, Discipline...

Self-education is simply the best way to learn forex. There are paid courses too and you can also learn forex for free by putting your self efforts. You can find sources on the internet or you can read books to gain knowledge. Fill yourself with all the theoretical knowledge and once you’ve...

Nice tips! Most people start to trade blindly without considering the side effects of blind trading. They often forget the rules of the game and kvetch about forex being hard or a luck-based game.

You need to understand your goals and why you want to trade. There is no specific answer to this question, as the question you asked here is very subjective. And as a beginner, you are learning. So don’t overtrade. Learning should be the point here and not earning.

A beginner’s career is often full of mistakes and challenges. They have a hard time getting an understanding of the market and realising what they can do to avoid losses. And I don’t think that their mistakes define their trading careers at all because they learn to survive in the market after...

Beginnings in the forex market are the toughest. That’s when you have to put in the maximum effort. With time, you get used to the market movements and also learn to adapt to them. Keep your senses active when you start to absorb what is happening around..