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Forex can be really profitable if traders have appropriate trading skills and in-depth knowledge. Or else, it can lead you to losses.

If you build a strategy successfully and manage to actually stick by, you will sustain longer in the market because a solid strategy is the key to earning regular profit.

I feel as long as you are trading with a regulated broker, there is nothing to worry about. I received a 100% bonus from fxview (a regulated broker), which I used as an additional margin.

Hi there! I really hope you achieve what you are aiming for! Good luck!

I make sure that I fully focus on trading only whenever I take time to trade. Trading part time is difficult at times but it is surely worth it. Dedication is very important when you decide to become a forex trader. First you should dedicate your time to learning and then keep on trading with...

Thank you for the insightful post. I would say my success mantras are lifelong learning, discipline, consistency, patience and perseverance. We need to keep on trading despite the challenges in order to become profitable in the long run. You will become better at trading as you gain experience...

Well, why do you think someone gets into forex trading? The same common reason applied to me. As a person who already knew and studied about trading, the forex market made me curious and interested to learn about it. As I continued studying about forex, and its different strategies and risk...

You can, but only if you trade forex profitably and consistently for years. In order to trade profitably, you need to master analysis skills of the market, market prediction, and risk management which accounts for 50% of the profits, because without proper risk management you can lose more than...

The majority of traders lose their money because they do not follow the proper steps to making trading plans. Some solely rely on indicators, some on bots, and some on news. This is not the way. You have to comprehend both the analysis parts to get a better prediction about the market and then...

True, they show off a luxury lifestyle to sell their courses. In fact I doubt if they make any real money by trading. Their prime source of income is by selling their ordinary courses. Afterall, what seems attractive is what sells the most.

It might seem time consuming to build a trading plan. But it’s better to spend time building a trading plan than to get baffled when you are trading in the live market with your money at risk. When you are prepared for all the situations that may come by, it gets easier for you to stay on track.

I’m using Fxview. Spreads and commissions are really low, you can check them. Plus, they are regulated as well.

When you are trading forex, there is not just one thing that you have to focus on. Your strategy, the market, indicators, charts, and your plan need equal attention. I see forex trading as a multi-tasking activity where you have to give your 100% because anything less than that would result in...

You can become a profitable trader by mastering technical and fundamental analysis - by which you can predict the market accurately, and by using proper risk management to curb your losses.

Forex EAs are quite helpful indeed, but since you are a beginner, I would suggest you learn by yourself. It is a common urge by newbies to take the help of devices and tools for profiting in the forex trade through a short cut method. But you should and must strive to master analysis of the...

There are no shortcuts to success. If you want to have a long trading career, you will have to work on your skills and keep grasping information until you decide to trade. Growing a small account is not a matter of days. You will have to keep patience throughout your trading experience.

No real trading experience and a lot of expectations from the market are what traders need to work on when they start. It’s obvious to assume things about the market before starting out. But not being ready to change their mindset with time is what poses a real challenge. Be ready for learning...

They are all good in terms of trading. It has to be a matter of choice. Starting with forex, it is volatile depending on the currency you are trading. Binary is more volatile than forex and makes quicker cash than forex in one sense. Crypto is relatively the least volatile but also good in...

Well, there are multiple ways to make profits by trading forex. You need to have total confidence in your method - so you can follow it with discipline. Pick a simple, technical method as simple methods work best. You will read a lot about money management and maintain a risk-reward ratio. In...

Yes, I do enjoy trading. It has been two years now. The thrill and excitement still grows stronger! I have found a balance between trading and personal life, and it has been the best decision I’ve ever made.