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Hi. Because of how volatile and dynamic the forex market is, I don't believe any indicator can be perfect. There are times when a trend indicator predicts a bullish trend will continue, but the opposite occurs. Based on how well you can analyse the market, indicators are merely tools that can be...

Trading pairs that aren't overly volatile are preferred. Because they are both liquid and volatile, major pairs like EUR/USD, USD/CAD, and GBP/USD make for highly tradable pairs. They have medium volatility so they’re safe.

Robots can assist you in earning money. However, you must understand that they are simply softwares that follows your commands. If you know how to trade well and make money, you can definitely use robots in your trading. However, robots cannot assist you if you lack knowledge.

Fxview - CySEC Pepperstone - FCA XTB - FCA That’s my top 3.

This is not a good strategy. Because you will be unable to use automated trading effectively if you lack knowledge of manual trading. To reap the full benefits, you must first understand what manual trading is.

There are many courses and learning material online. Checkout videos on YouTube, they’re quite easy to understand and detailed. Before you decide to get a mentor, just remember that you need to study the market first, this way no one else’s ideas will overcloud your own.

I think every forex trader has a different journey. I have been in the forex market for quite some time but I still have a lot to learn. The learning curve will always be a zigzag graph with ups and downs. Do not give up when you deal with failures and setbacks. Learning is a never ending...

I will share my top 5 books which I read as a beginner. 1. Forex trading: The basics explained in simple terms by Jim Brown 2. Currency trading for dummies by Brian Dolan and Kathleen Brooks 3. How to make a living trading foreign exchange by Courtney D. Smith 4. Japanese...

Hey fellow traders, how is trading going at your end? Mine is giving me major ups and downs. But as they are supposed to happen, I am okay with them.

You can try Fxview. It doesn’t take too long to withdraw your funds. I usually get them on the same day I raise a request. The spreads are also low starting from 0.0 pips. You can DYOR to find more about them.

I don’t see a comparison between your knowledge and a robot. You are capable of creating a robot but a robot can’t create you. Human intelligence will be above any robot. Yeah, I agree that robots eliminate emotions from your trading and can make quick trades that you may not. But it is not...

You can research some more on scalping by watching videos on YouTube by famous traders who teach how to be successful, long term. Good luck!

Yes, I do love trading. I am someone who believes in the philosophy “do what you love and love what you do”, so I am a passionate trader who takes trading seriously.

In my opinion, beginners should always start with the major pairs such as EUR/USD, GBP/USD, and USD/JPY because they are more safe, liquid and low in volatility. The EUR/USD is the most traded pair among others and is loved by both experienced & beginner traders.

Well, some will say strategies are better while some will say indicators work better. It is more of a personal preference. You can even use a combined approach if you are able to do so. If you have enough knowledge and skills then you will be able to make profits in forex whether you make...

I prefer forex since the market is volatile and thus offers better opportunities for traders. The forex market has been around for a long time and that makes me trust in forex trading more.

I prefer to go with regulated brokers for the safety of my funds. It’s even better if a broker has min. deposit requirements because that gives me a chance to see how good broker’s trading conditions are. I remember depositing $50 with fxview and making small withdrawals in the beginning. It...

When you trade, it should only be trading that you must think about. If you easily get distracted by the normal market happenings and make changes to your trading strategy, it will be hard for you to stay in the market for long.

You have to start with making up your mind. You can still learn the market basics and practice your strategies. But if you are not prepared for the hassle, stress, and losses that come as a result of forex trading, it can be difficult for you to survive in the forex market.

Taking forex education lightly remains a major factor for traders not being able to stay in the market for long. The second one I can think of is not being able to control their emotions. And third, traders have a hard time sticking to their trading plans because the other side of the market...