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Without a plan, you may make some profits but for consistent profits you need to have a really good plan in place. Planning not only helps you to figure out things efficiently, it makes trading less stressful for you.

It’s like asking how many times it takes to learn how to fly a plane. Everyone takes their own time, and some can’t even do it. But first thing to note: your competition is with you. Personally, I think trading requires constant learning. Tomorrow, the market may not be the same as it was...

I found some good books to read. Thanks, everyone.

It’s never a linear curve in trading. But you have to keep enjoying the journey.

If you’re asking whether trading is possible with the help of bots, then the answer is yes. You can trade with forex robots. But are they effective? Then, it depends. Forex robots are pre-programmed and they perform the task very well they are designed to do. However, beyond that, they have...

Learn to evaluate the market's past. When you consider the price action of a currency, you get to know a lot about it. Human behaviour is understandable to a great extent. Now that price action is a result of supply and demand, take a look at the patterns to make your decisions.

Beginners need time to analyse the market and execute trades using preferable parameters. This can vary from trader to trader. Instead of sticking to a particular number of trades per month, try out different strategies that would need you to execute different numbers of trades per month. Stick...