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You need to allow growth to take place naturally. You cannot speed up the process, it will take you down and you will lose money. So, be careful in decision making. Control risk and you’re safe. Take jumps and you will fail. Be patient during the process.

Loving the energy in this forum! Hope you achieve your goals soon! Good luck.

I’ve never used FBS but if you are open to suggestions I would recommend you fxview since I’ve been using this broker for a very long time. You can open an account with $5 only.

Check when the market is the most active in your area of residence and find the time frame that matches your style then. The market is open for 5 days a week, 24 hours a day. It is entirely up to your trading plan.

Binary options don’t even come as an option for me. It would always be forex and cryptocurrencies for me. Though both are risky, I am satisfied because the markets can’t be manipulated and I get results as per my skills.

Happy trading to you all! Keep analysing the market to grab new trading opportunities.

Beginners must learn about the market dynamic before entering. It is important to be well versed with the ongoing events and news flashes, as they affect the conditions and price movements. Follow a plan and place stop loss. Use risk management strategies to last longer in the marketplace. Stay...

I mostly trade with major pairs but I am quite flexible and don’t hesitate to take up the not so popular pairs if they look promising in terms of profitability on the chart. It can be tricky to trade with such pairs but if one is good at playing with the risk they can be just as profitable as...

Their headquarter is in Cyprus and they are registered in St. Vincent and Grenadines.

I haven’t heard about any such group but it will be a great opportunity if this idea comes into life. Even though there is a possibility of the group ending up in chaos as there will be clash of opinions and ideas of traders with totally different views from one another. But if traders who share...

Not me. I have never tried my hand at arbitraging in forex. And I don’t see myself going for that after reading this post about traders being banned by brokers for arbitraging. It sounds quite complicated.

Pretending like I understood everything. Thank you for being so gracious and sharing the secret with us but please add some more information with it, so that it makes sense for average forex traders like us. Now this post is more like the ‘RongoRongo scripture’ because no one is able to decipher...

Perfectly explained. I appreciate you taking the time to properly explain it. It is my suggestion to all traders not to let their negative emotions take a hold of their trading decisions, otherwise they’ll over-indulge in trading and most probably suffer a loss.

As per my opinion, the top 3 most common mistakes a trader makes are - Trading without a strategy, or trading with a general strategy without modifying it as per their own goals, circumstances, and requirements. Not keeping enough savings of about 6 months of expenses, in order to compensate...

Honestly, both work amazing individually. Backtest a few strategies and choose either one depending on your style and end goal. It is better to test before settling.

The only way you can stay dedicated is to build patience and form a sense of discipline. To succeed in anything in life, you need to induce a certain amount of time and energy to learn the basics to improve tactics and skill. Same way, in forex trading, immense patience and passion for the art...

I trust the brokers who are multi regulated, one of the reasons I’m using Fxview.

The school of pipsology is the best one I can think of. If you have kept some budget for learning, then you can also take up udemy’s forex trading course.

There is a fine line between being curious and being impatient. A curious trader would want to know how to make profits and what must be done to make gains. On the other hand, an impatient trader will try all that he can to make profits and may not even try to find out what has been going wrong...

To be a profitable trader, try to be in the game as long as possible without losing or taking too much losses. As you stay longer without losing you will learn the tips, tricks to crack the market. So in the long run this learning will help you become a profitable trader.