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Effective risk and capital management are paramount in any financial venture, particularly in trading. Risk management involves assessing and mitigating potential losses by setting stop-loss orders, diversifying investments, and calculating position sizes relative to account size. Capital...

For beginners in forex trading, it's advisable to focus on major currency pairs due to their liquidity and lower volatility. The most popular choices include EUR/USD, USD/JPY, and GBP/USD. These pairs involve currencies from economically stable nations, offering relatively predictable movements...

While Forex trading is a popular avenue for online income, it's crucial to recognize that it's not the sole method available. Numerous alternative opportunities exist for making money online, ranging from freelance work to e-commerce, affiliate marketing, content creation, and online courses...

Before investing your money ypu must learn forex first because education is very necessary part of forex to be successful.

Is it helpful for MT5 traders? Can you explain more?

Forex Indicators are regarded as an essential component when trading in the forex market. Several forex traders use these forex indicators on a daily basis to determine when it is appropriate to buy or sell in the forex market. These forex indicators are recognised as an important part of...

Forex breakout trading setups can provide lucrative trading opportunities. This is because breakouts frequently result in new price movements and trends. Traders attempt to enter the market as soon as a breakout occurs in order to capitalise on a potential emerging trend.

Most of the people join forex to make good money and most of them making good money.

There are many brokers available in the market. Choose a best one one according to your choice.

Welcome to the forum and definitely you will enjoy your stay here.

Don't think that you'll start making profit overnight. Forex trading requires a long period of studying and practice, and even then a lot of people struggle to be profitable.

Demo trading is a risk-free environment in which no real money is involved. Demo trading is beneficial to both novice and experienced traders. They can use the demo account to practise new skills or strategies without risking any real money.

Cheers, good thoughts. Keep it up. Waiting for more.

Yes but before using EA you must learn forex and then start trading.

Inadequate forex trading knowledge is the primary cause of loss in forex trading. Forex is a profitable business, but like any other job, you must first understand the basics before you can get started. Many people enter the forex market because they need quick money and are unwilling to learn...

You can check" Currency Trading for Dummies, by Brian Dolan. It is the best book.

Along with strategies, risk management, trading plans, and capital to be invested, I believe that consistency is the most important factor in trading success.

If anyone tested this ea before can you share your experience with it?

A good tip for beginners is that it’s easy to get into the market, but getting out is not that easy. The simple reason is that most traders don’t have an exit plan, whether their positions are turning a profit or going down in flames. The truth is that a good exit will save your neck on a bad...

I believe that the most common mistake made by almost all Forex traders, particularly newcomers, is to begin trading without a goal or knowledge of the business. As we all know, there are rules and conditions in every business, and without learning, no one can achieve success. So, in order to...