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True! Even though EAs are profitable, they have certain limitations. Newbies should avoid using them. They should learn to trade manually for achieving success in the long run.

Forex is a wide subject and needs lots of patience and study. It is not possible to cover each and every topic in a short period of time. Imo, learning forex goes on until ones’ trading career.

It’s important for a profitable trader to be patient. As it takes time for good returns to show up, you better don’t trade with the condition of making profits. If you keep chasing profits by hook or crook, you may end up losing even more.

As a beginner, I didn’t analyse the market seriously. Most times, I was going with the flow. But after losing a few of my trades, I realised what I had been missing.

See, there a lot of reasons behind why you might lose money, but most of them stem from poor money management, and unnecessary risk taking, it’s okay to lose money, but there is a problem with your strategy if you keep losing it

I avoid such a strategy as it may be detrimental. I believe protecting your money is as much important as making money.

I always go for indicators as analysis is always my strategy.

It's your capabilities and hard work that can bring you profits in trading. You need to keep a positive attitude and be patient.

Using capital wallet for quite some time. They have more than 400 cryptocurrencies. Can try it out.

Trading is fun when you are making profit. However it could be frustrating when you are continuously losing.

Ample amount of time and really dedicated efforts can bring you profit. There is no other way.

The concept of one-size-fits-all can’t be applied here. The trading that suits your trading style and approach is the best strategy for you. You will learn as you grow in trading which strategy is working for you and how to customise a strategy according to your trading needs.

Both trading approaches have their own pros and cons. Using automated trading you may predict and make decisions based on algorithms that are the result of intricate programming and solution but it may sometimes be misleading and result in losses. Manual trading gives you credibility as you are...

It’s in your hands. You will get the results if you know what you are doing.

None, without a doubt! You will never feel easy when you have put your money at risk. Moreover, all strategies have their own rules that you must check before using them. You need to find a strategy that fits your trading requirements and helps you make profits more than any other strategy does.

With a money management plan, you will be able to minimise your losses so that they are easily manageable so that when you make a loss, it doesn’t prevent you from making further losses. Treat forex trading as a business and don’t let any market distractions affect your decision-making.

It’s not everyone’s cup of tea to become a professional trader. You will need to put in your time, efforts, and money to get well-versed with the real market situations and build your trading plan accordingly. You will have to keep patience while you are monitoring the price movements so that...

In the simplest terms, I can explain risk management as the way of using your funds in a way that the trade outcomes don’t affect you much, no matter whether you have made a loss or a profit. You are prepared for both of these and keep trading in the market.

You will find the best answer if you try trading on your own. When you execute trades in the live market, you will know how well you are performing and in what frequency your trades are proving to be profitable.

Study the markets and always use a trading plan. Also, make maximum use of the technology and trading tools available assuming that all your competitors are using them. Along with chasing profits, make sure that you are taking important steps to protect your trading capital.