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Read some books, watch some videos, and start trading using a demo account. Treat the money in the demo as real money.

Most such groups are full of scammers and while that is indeed an interesting idea, there is a long way to go when it comes to trusting the market or people in the market.

Forex trading psychology is the most important fundamental for success. When you are in the market, it is just a matter of psychology, not of the trading system or other people’s predictions. You should still be able to follow your trading plan and the rules you set for yourself whether the...

I like the price action strategy the most. It’s easier to check the price movements rather than using indicators to get signals and trade as per them.

Of course, it is! From deciding how much you want to trade with to how much loss you can afford to take, your money management plan can help you with all this.

Becoming a professional trader is not as easy as said. You will have to prepare yourself for the market risks before you start taking them. You will have to learn and build a solid trading strategy after analysing the market.

To manage your money and risks while trading, make sure that you never go out of your budget. Be it using leverage or putting an amount at risk, you better don’t open trading positions that are out of your budget.

@antwanmcdonough I’ve also recently started trading with them, no issues so far but I’ll be more confident once I’ve withdrawn my funds twice or thrice at least. How long have you been with them?

The best trading tip I can share is don’t follow anyone. You must take the responsibility of your trading career and follow your own path. Analyse the market at your own level and build a trading plan in accordance with your trading requirements.

An automated trading system surely eliminates the emotional factor from your trading. You get to take advantage of the price fluctuations that take place in small intervals and are difficult to take advantage of manually. But at the same time, you better don’t forget that you are more...

Well, that’s true. Without a trading plan, you are a kid in the supermarket who would want to buy all the candies. A trading plan doesn’t necessarily stop you from taking risks, rather helps you in taking calculated risks.

You have to be skilled to make money. Thinking of the forex market as a place to make quick money is just not right. Using margin and leverage can be harmful to your trading account if you don’t know how to use them properly. So, better use them when you know what you are doing and can handle...

You can start with one trade per day that counts for 22 trades a month considering the forex market is closed on the weekends. With time as you gain experience, you can increase the number of trades as per your convenience.

The golden rule of risk management is to never risk more than 1-2% of your trading capital. When you keep your investments affordable, the losses stay affordable.

Yes, I do. It has proved to be a great source of additional income for me.

It’s for the sake of my own dreams. I am a strong believer in having more than one source of income. This is what got me to try my hands at forex trading. And now that I have been doing well enough at it, I enjoy doing it.

If you are trying to say that you trade whenever you get time, that’s a big problem as per me. You might be doing a full-time job. But if you want to trade forex seriously, you better decide a certain time as per your availability and trade at that time every day because that’s how you will be...

You have covered nearly all the points that anyone can think about. The rest traders will find on the basis of their experience and act accordingly. They just need to keep a trading journal so that they can revise their steps and know how their journey has been.

The above mentioned trading courses are good. But I’d also suggest you to do your own research and you can also try other trading strategies and indicators which are not included in these courses. This will help to enhance your scope of trading.

True! It won’t be possible for a trader to conduct efficient technical analysis without understanding candlestick charts patterns. They are more precise and are more simpler to understand than other chart patterns.